Germany-based plantmaker SMS Siemag has announced that it will revamp one of the two compact strip production (CSP) casters of the Indian steelmaker JSW Steel. The modernization of the CSP slab at the steelmaker's Dolvi steel plant in the ...
Tags: JSW Steel, Slab Casting
Japanese steelmaker Kobe Steel has announced its plans to reline blast furnace No. 3 at its Kakogawa works in western Japan. The company will shut down the blast furnace from the end of September 2016 for a 90-day period to undertake the ...
Tags: Kobe Steel, steelmaker
Stockholm-listed Dannemora Mineral AB, the group that restored the Dannemora iron ore mine in the southeast of Sweden back to production to supply the steel industry, said Tuesday it had applied for a Swedish version of Chapter 11 ...
Tags: Iron Ore, Steel Industry
The winning bid in the monthly auction held Tuesday for Japanese H2 scrap for export from Tokyo Bay was Yen 32,160/mt ($314.70/mt) free alongside ship, the organizer of the tender said. The bid was Yen 450/mt ($4.40/mt) lower than the ...
Tags: Ferrous Scrap
Germany-based steelmaker ThyssenKrupp has announced its financial results for the first half ended March 31 of the financial year 2013-14, stating that it has achieved all operating and strategic targets for the first quarter. In the ...
Tags: ThyssenKrupp, steelmaker
China's Ministry of Commerce (MOC) has announced its final antidumping (AD) determinations regarding imports of certain alloy steel seamless tubes and pipes for high-temperature and high-pressure applications from the European Union, Japan ...
Tags: AD Duty, Seamless Pipes
In April this year, China's overall value-added industrial output increased by 8.7 percent year on year, as announced by China's National Bureau of Statistics (NBS) on May 13, with this growth rate 0.1 percentage point lower than that ...
Tags: Industrial Output
According to Brazilian news reports Monday, Gerdau has joined the competition to acquire the assets of bankrupt, France-based engineering steel manufacturer Ascometal. Gerdau, which has reportedly offered 86 million euro (US$118 million), ...
Tags: Gerdau, engineering steel
UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it is seeking a strategic partner for its Marampa iron ore project located in Sierra Leone. In view of ongoing pricing volatility and the ...
Tags: London Mining, Marampa Project
According to the American Iron and Steel Institute, in the week ending May 10, 2014, US domestic raw steel production was 1,843,000 net tons while the capability utilization rate was 76.6 percent. Production was 1,833,000 net tons in the ...
The US steel coil market remained tight Monday as lead times are now stretching into June and July and mill discipline continues to be iron-clad, market sources said. "They're a little flexible on volume, but it really depends on who ...
Tags: Steel Sheet, steel coil
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the first quarter of the current year. In the first quarter, London Mining produced 900,000 wet mt of iron ore ...
Tags: London Mining, steel sector
In the first quarter this year, Japan's cold rolled sheet and strip shipments decreased by 0.42 percent on year-on-year basis to 1.63 million metric tons, according to the Japan Iron and Steel Federation (JISF) data. 55 percent of shipments ...
Sichuan Province-based Pangang Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Panzhihua Iron and Steel Group (Pangang Group), has put its cold rolled project into operation, as reported by Sichuan Daily ...
Tags: Xichang Steel, Cold Rolled
Turkey's leading steel pipe producer Borusan Mannesmann Boru has announced its financial results for the first quarter this year, posting a net loss of TRY 7.77 million ($3.74 million), compared to a net profit of TRY 3.66 million in the ...
Tags: steel pipe, Borusan