In May this year, Moldavian Metallurgical Works (MMZ), a steelmaker based in the Transnistrian region of Moldova, produced 45,489 mt of crude steel and 39,519 mt of rolled steel products, including 19,275 mt of reinforcing bars and 20,244 ...
Tags: Moldavian Steel, Rolled Steel
India's state-owned steelmaker Steel Authority of India Limited (SAIL) has announced that it sold 1.06 million mt of finished steel products in May this year, registering year-on-year growth of 11 percent. In the given month, the company's ...
Tags: Steel Demand, Steel
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the January-April period of the current year its subsidiary Tangshan Iron and Steel Co. (Tangsteel) exported 1.39 million mt of finished steel, ...
Tags: steelmaker, Iron, Steel
Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the fourth quarter ended March 31 of the financial year 2013-14, posting a net profit of INR 4.62 billion ($78.4 million), up 40.8 percent year ...
Tags: JSW Steel, steelmaker
Russian steelmaker Severstal has announced that it has launched trial deliveries of rolled steel for the manufacturing of several Nissan car models in Russia. Severstal has also signed a further contract to supply rolled steel to the ...
Tags: Nissan, steelmaker
The seaborne iron ore cended a two-day rally and dipped again Friday, tracking a withdrawal in buying activity as the fast spike and current supply glut hit spot purchasing. Platts assessed the 62% Fe IODEX at $98.75/dmt CFR North China, ...
Tags: Iron Ore, Seaborne Seaborne
Miner Rio Tinto is to change the basis for the iron ore lump premium in its quarterly iron ore term contracts with Chinese mills to one based on a monthly average of weekly Platts spot lump assessments, from a fixed premium level set on a ...
A 31-count indictment filed in the US District Court Monday charged Chinese hackers with gaining illegal access to a handful of Pittsburgh-area industrial firms, including US Steel. The charges against five officers in the Chinese military ...
Tags: Steel, US District Court
In its financial results according to US GAAP (Generally Accepted Accounting Principles) for the first quarter of 2014, Russian steelmaker NLMK Group's net profit increased by 359 percent compared to the first quarter of the previous year ...
Tags: steel sales, NLMK
Russian steelmaker Severstal has announced the launch of an 18 MW capacity gas-reciprocating power plant running on methane ( a coal by-product) at an industrial site of the Severnaya mine located in Vorkuta, a structural unit of ...
Tags: steelmaker, Severstal
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
Egypt's largest steelmaker Ezz Steel has announced its financial results for 2013, reporting a net profit of EGP 134 million ($18.8 million), significantly increasing compared to EGP 8 million in the previous year. The company's sales ...
Tags: Ezz Steel, steelmaker
Liaoning Province-based Chinese steelmaker Dongbei Special Steel Group Co. has announced that on May 19 it plans to issue its first short-term bonds in the current year, worth a total of RMB 700 million ($114 million) and for a term of 365 ...
Tags: Special Steel, steelmaker
Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that on May 16 it plans to issue short-term bonds worth RMB 300 million ($49 million) for a term of 365 days, in its third short-term bond issue in the current ...
Tags: Shandong Steel, Iron, Steel
Russian steelmaker NLMK Group has announced that it has commenced supplies of pre-painted steel for production of white goods by South Korean conglomerate Samsung at its facility in the Kaluga region. NLMK is entering the niche segment of ...
Tags: Samsung, Pre-Painted Steel