Construction has started on Hebei Province-based Chinese steelmaker Ganglu Iron and Steel Co.'s new ferronickel alloy project which has a planned annual output capacity of one million mt, as announced by state-owned China Metallurgical ...
Tags: Ganglu Iron and Steel, alloy project, annual output capacity
Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel (Group) Co. has issued its financial results for 2012, indicating primary operating revenues of RMB 50 billion ($8 billion) and a net profit of RMB 210 million ...
Tags: Liuzhou Iron and Steel, steel, financial results, operating revenues
Fujian Province-based Chinese steelmaker Sangang Minguang Co. Ltd has announced an estimated net loss of RMB 164-291 million ($26-46 million) for 2012. In the first three quarters of last year, the company’s net loss had totaled RMB ...
Tags: Sangang Minguang, net loss, steel market
German plantmaker SMS Meer has announced that it will supply a new stainless steel rolling mill for Fujian Province-based Chinese steelmaker FuJian WuHang Stainless Steel. The new stainless rolling mill will produce wire rod and bar in ...
Tags: SMS Meer, stainless steel, steel
Wu Yuhai, general manager and vice president of Chinese steelmaker Tianjin-based Tiantie Metallurgical Group Co., Ltd, has announced that in 2012 the company's annual outputs of pig iron and crude steel amounted to 4.59 million mt and 4.32 ...
Tags: Tiantie Metallurgical Group, annual outputs, pig iron, crude steel
Mexico-based steelmaker Altos Hornos de Mexico (AHMSA) has announced that in 2012 it produced 3.88 million mt of crude steel, rising by 1.9 percent compared to the previous year, reaching the highest annual production level ever achieved by ...
Tags: Altos Hornos de Mexico, steel, crude steel
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan said that it has to postpone its maintenance schedule for one month long which will be started from April 15th as it rearrange its production lines' schedule and its equipment ...
Reportedly Venezuela’s state run steelmaker Sidor aims to boost liquid steel production at 4.45 million tons in 2013. Sidor’s CEO rafael GIL Barrios also said that achievement of this goal will result in the consolidation of ...
Tags: Venezuela, steel, liquid steel production
The Chinese steelmaker Shagang released its estimated adjusted financial result for 2012 on January 11st, 2013. In 2012, the company realized a net profit of RMB13~RMB40 million, slumping by 85%~95% from a net profit of RMB278 million in ...
Tags: Shagang, steel, Net Profits, financial result
Reportedly, Russian steelmaker Novolipetsk Steel (NLMK) announced that the company introduce its new commercial centers in Pittsburgh USA, Mumbai India and Singapore. The three new offices have been completed and operated in second half ...
Tags: Novolipetsk Steel, Russia, steel market
Last week, the wire rod prices rose in the Taiwanese domestic market, driven by rising raw material prices. At present, the transaction prices of single rolling mills’ Al-killed wire rods are at NT$22,000/ton; those of rimmed wire ...
The Australian market closed higher after a day of consolidation with gains across most of the board. At the close today the benchmark S&P/ASX200 index was up 10.2 points, or 0.22 per cent at 4719.7, while the broader All Ordinaries index ...
Tags: Australian market, gains, consolidation
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced that its sales revenues in December, 2012 amounted to NT$15.239 billion, falling by 16.8% year on year, affected by decreased steel prices. In December, the ...
On January 11, Jiangsu Province-based Chinese steelmaker Shagang Co., Ltd issued its estimated adjusted financial results for 2012, indicating a net profit of RMB 13-40 million ($2.1-6.4 million), with a decrease of 85-95 percent compared ...
Tags: Shagang, Net Profit, 2012, steel
Reportedly, Taiwan’s China Steel Corp (CSC), the largest carbon steelmaker in Taiwan announced to raise the export prices for its hot and cold rolled coil by US$34~US$56/ton for February-April shipments to Japan. The increasing ...
Tags: Steel Corp, carbon steelmaker, Steel