In third quarter ending December 31 of the fiscal year 2012-13, Indian steelmaker JSW Steel Ltd’s crude steel production increased by eight percent compared to the corresponding period of the previous fiscal year. JSW produced 2.09 ...
Tags: JSW, third quarter, crude steel
On January 14, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced that it has signed a strategic cooperation agreement with Heilongjiang Province-based Chinese railway vehicle manufacturer Qiqihar ...
Tags: Ansteel, steelmaker, steel
On January 10,Chongqing-based Chinese steelmaker Chongqing Iron&Steel(Group)Co.signed an agreement with Jiangsu Province-based major Chinese shipbuilding enterprise Yangzijiang Shipbuilding(Holdings)for the supply of 400,000 mt of ...
The Economic and Information Commission of the city of Chongqing in China has announced that Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co.Ltd(Baosteel)has signed a contract to establish an automotive steel sheet processing ...
The largest Chinese private sector steelmaker,Jiangsu Province-based Shagang Group,has established headquarters for its international operations in Singapore to accelerate its internationalization process and explore the overseas markets,as ...
Tags: Shagang Group, largest Chinese private sector steelmaker
Sault Ste.Marie,Ontario-based flat rolled steelmaker Essar Steel Algoma announced Friday that the Ontario Government has granted the company temporary pension relief in the form of a 12 month deferral of special pension payments effective ...
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Luxembourg-based steel giant ArcelorMittal has announced that it will issue $3.5 billion common shares to reduce its debt significantly. With the share issuance, the company aims to reduce its debt to $17 billion by the end of June this ...
Tags: Luxembourg, steel giant, ArcelorMittal, debt
On January 10, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in 2012 the share of its own iron ore supplies in total iron ore consumption in its steel production increased to 59.01 percent, ...
Tags: Chinese steelmaker, Baogang Group, iron ore supplies, 2012
Global steelmaker ArcelorMittal is considering resuming a blast furnace in its Dunkerque steel plant in northern France, according to media reports. The restart decision is believed to be a result of the slight rise in European steel ...
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On January 8, Shanxi Province-based Chinese steelmaker Taigang Stainless Steel Co., a subsidiary of Taiyuan Iron and Steel (Group) Co., announced that it received a registration approval notice from China’s National Association of ...
On January 9, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel (Group) Co. (JISCO) announced that it has carried out a favorable preliminary design review of its project for the expansion of the railway it owns. The total ...
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Japanese steelmaker Kobe Steel has announced the reversal in the third quarter ending December 31, 2012 of the loss on the write-down of investments in securities reported in the first half ending September 30, 2012. In the first half of ...
Tags: Japan, steelmaker, Kobe Steel, third quarter, 2012
Angang Group Hong Kong, a subsidiary of Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel), has received approval from Australia’s Foreign Investment Review Board (FIRB) for the purchase of ...
Tags: Angang Group HK, FIRB, steelmaker, Ansteel, Gindalbie
Jilin Province-based Tonggang Mining Co., a subsidiary of Chinese steelmaker Shougang Tonggang Group, has announced that its Banshi iron ore mine, located in Jilin, produced iron ore concentrate amounting to 1.2721 million mt in 2012, up ...
Tags: Iron ore, Banshi mine, Tonggang Mining, iron ore mine
South Korean insurer Kyobo Life Insurance is selling 30% of its stake in the firm in an auction, which is expected to be worth $2bn. Sources close to the matter told The Financial Times that the deal has attracted interest from private ...