US-based coal producer Walter Energy has announced that it has completed a previously announced transaction to sell the Blue Creek Terminal and associated properties, located in Mobile, Alabama, to the Alabama State Port Authority for $25 ...
Australian steelmaker BlueScope Steel has posted a net loss of AU$82.4 million for the financial year 2013-14 ended on June 30, narrowing down from a net loss of AU$107.1 million in the previous financial year, due to increased spreads and ...
Tags: BlueScope Steel, Loss, Metallurgy
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji registered a quarter-on-quarter growth of 26.7 percent in its sales revenues in the second quarter of the current year, ...
Tags: MMK, Growth, Metallurgy
The Turkish Steel Exporters' Association chairman Namk Ekinci has said that the US antidumping and countervailing duty decision on Turkish OCTG imports is without basis. The US International Trade Commission (ITC) decision confirmed the ...
Tags: Turkish Producers, OCTG Imports, Metallurgy
According to the monthly sectoral confidence survey released by the Turkish Statistical Institute (TUIK), the confidence index for the construction sector in Turkey, which stood at 79.2 points in July of the current year, increased by ...
Tags: Construction Sector, Increase, Metallurgy
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
ThyssenKrupp plans to invest up to BRL 450 million (US$197.4 million) in Brazil between 2013 and 2016, according to media reports. Several projects, which are included in the total investments the company expects to make in the country, ...
Tags: Metallurgy, Mineral, Energy
Speaking at the 2014 China Coal, Coke & Steel Industries Conference (CCIC) held in Qingdao on August 21, Wang Xiaoqi, vice chairman of the China Iron and Steel Association (CISA), stated that in the first seven months of the current year ...
Tags: Crude Steel, Metallurgy
Austria-based steel producer voestalpine has announced that it has signed another agreement with Mexican steelmaker Altos Hornos de México (AHMSA) for the supply of 400,000 mt of hot briquetted iron (HBI) produced in Texas. ...
Tags: steel producer, voestalpine, Metallurgy
Brazilian sales of flat steel are expected to slow down this year, steel distributors said recently. Brazil distributor association Inda said domestic sales of flat steels reached 2.5 million mt from January to July, reflecting a 1.9 ...
Tags: Brazilian, Sales, Metallurgy
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis slipped for a second consecutive week, dampened by persistently weak physical buying interest during the current summer lull, market ...
Tags: Metal, Copper, Metallurgy
Turkish rebar producer Izmir Demir elik Sanayi A.. (IDC) has announced its financial results for the second quarter and the first half of the current year. The company stated that the US revising its growth expectations from three percent ...
Tags: Scrap, Metallurgy, Mineral
In the week from August 11 to August 17, on the Orbis Steel Index the scrap indexes moved upwards. In the given week, the Turkish rebar index increased for the second consecutive week, while the Turkish flat rolled product indexes showed ...
Tags: Scrap, Metallurgy, Mineral
In July this year, of 70 major Chinese cities surveyed, two cities saw higher prices in the new house market, 64 cities witnessed lower prices, while new house prices in the remaining four cities were unchanged, all compared to June this ...
Tags: China, Declines, Metallurgy
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the second quarter and the first half of the current year, posting a net profit of TRY 99.2 ...
Tags: Kardemir, Metallurgy, Mineral