It is reported that the mining giant Vale is going to decrease the investment on the its 50% stake in Brazil's Companhia Siderúrgica do Pecém steel plant, a joint venture between Vale, the largest Brazilian supplier of iron ...
Tags: Vale, mining giant, Brazil
On February 3, Guangdong Province-based Chinese steelmaker Shaogang Songshan Co. Ltd issued its financial results for 2012. Accordingly, the company registered a net loss of RMB 1.952 billion ($311 million) in 2012, compared to a net loss ...
Tags: steelmaker, pig iron, steel
On February 3, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Group) Ltd announced that its output of crude steel amounted to 5.2225 million mt in 2012, while its sales revenue for the year reached RMB 25.916 billion ...
Tags: Steel, crude steel output, steelmaker
On February 4, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in January of the current year its outputs of pig iron and crude steel amounted to 867,300 mt and 891,800 mt respectively. ...
Tags: Baogang, crude steel, Iron, Steel
Thailand-based Sahaviriya Steel Industries Public Company Limited (SSI), the largest steel sheet producer in Southeast Asia, has announced that it has completed the sale of its shares in Thai Cold Rolled Steel Sheet Public Company Limited ...
Tags: Sahaviriya Steel, Steel Industries, Steel
Hubei Province-based Chinese technology company WISCO Engineering Technology Group Co., a subsidiary of major Chinese steel producer Wuhan Iron and Steel (Group) Co. (WISCO), has signed an agreement with Taiwan-based China Ecotek Co., a ...
Tags: WISCO, steel producer, CSC
ArcelorMittal, the world’s biggest steelmaker, announced the temporarily shutdown of its steel plant and rolling mills in Warsaw due to weak demand. The steel giant last week has suspended facilities in Belgium and close two idled ...
Tags: steelmaker, steel plant, steel giant
Vale’s CFO, Luciano Siani, said in a meeting this week that his company is planning to reduce its 50% share of the undergoing steel plant project Companhia Siderurgica do Pecem (CSP). He said his company is excited about the new ...
On January 31, Zhejiang Province-based Chinese steelmaker Kingland & Pipeline Technologies Co., Ltd has issued its preliminary financial results for 2012, indicating a net profit of RMB 104.4175 million ($16.84 million), up by 68.36 percent ...
Tags: steelmaker, Pipeline
Novolipetsk, Russian steelmaker NLMK's main production site in Lipetsk, continues to hot test its new dedusting systems and high-capacity new-generation filters at the hot metal pouring section of its BOF Shop No. 2 - one of the main ...
Tags: NLMK, steelmaker, hot metal pouring
In the fourth quarter of last year, the crude steel production of Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) totaled 2.969 million mt, down 11.6 percent compared to the previous quarter. In addition, for the whole of 2012, ...
Tags: finished steel output, finished steel, steel production
Sichuan Province-based Chinese steelmaker Chengdu Iron and Steel, a subsidiary of Pangang Group, has announced its production and operating targets for 2013. Accordingly, Chengdu Steel expects to achieve an operating revenue of RMB 11.5 ...
Tags: Steel targets, steelmaker, Iron, Steel
On January 31, Turkish plantmaker CVS Makina told SteelOrbis that it has started cold tests in the meltshop of Turkish steelmaker Toscelik's new rebar project in the northwestern Algerian city of Oran. The investment in the project totals ...
Tags: CVS Makina, SteelOrbis, Turkish steelmaker, Toscelik
On January 31, Beijing-based Chinese steelmaker Shougang Co., Ltd issued its preliminary financial results for 2012. Accordingly, Shougang has posted an estimated net loss of RMB 300-400 million ($48-64 million) for 2012, compared to a ...
Tags: Beijing, steelmaker, Shougang, preliminary financial results
Antonio Gozzi, president of the Italian iron and steel industry Federacciai, has stated that, according to the latest estimates, in 2013 Italian crude steel output may be similar to that of 2012, remaining at around 27 million metric tons, ...
Tags: Antonio Gozzi, iron and steel industry, 2013