It is reported that the Russia steelmakers, Magnitogorsk Iron and Steel Works (MMK) announced that in accordance with international financial reporting standards (IFRS) for financial statement and financial report for the third quarter of ...
Tags: Construction, steel
Australia-based miner Rio Tinto has announced that it expects its capital expenditure to be down by 20 percent in 2013 compared to the previous year, amounting to less than $14 billion. Total capital expenditure is forecast to be reduced to ...
Tags: mineral, capital expenditure
Vale announced Monday that it plans to invest $14.8 billion next year, the third consecutive decline as the company focuses on lower-risk projects. The $18 billion spent on investment in 2011 was a budgetary peak. According to a company ...
Tags: investment, mineral
According to the American Iron and Steel Institute, in the week ending November 30, 2013, domestic raw steel production was 1,812,000 net tons while the capability utilization rate was 75.6 percent. Production was 1,744,000 net tons in the ...
Tags: raw steel, metallurgy
On December 2, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that 141 million unrestricted tradable shares of the company (representing 3.79% of its total ...
Tags: steelmaker, metallurgy
On December 2, Hebei Province-based Chinese steel producer Hebei Iron and Steel Group (HBIS) announced that in the first 11 months of the current year the cold rolling mill of its subsidiary Handan Iron and Steel Co. (Hansteel) received ...
Tags: steel, Metallurgy, Mineral, CR Sheet
It’s reported that the world's second largest steel group, China's Hebei Iron and Steel reported its first nine months net profit in 2013 dropped by 68.17% year on year. The company said the main attributes are the sluggish steel ...
Tags: metallurgy, steel
Turkey’s steel imports totaled 1 million tons in October, falling by 10% year on year, according to data released by the Turkish Iron and Steel Producers' Association (TCUD). In October, the country’s steel export revenues ...
Tags: metallurgy, steel
According to report, Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) said last week that its third quarter revenue and EBITDA both fall from previous quarter. Its second-quarter sales dropped by 13% to 1.88 billion and group EBITDA ...
Tags: Construction, steel
Wuyang Steel, a subsidiary of Hebei Iron and Steel Group has continued to cooperate with Sinopec who is a state-owned Chinese super-large petroleum and petrochemical enterprise group to extend business in steel as a first approved steel ...
Tags: Construction, steel
The options are many, to choose foundry suppliers. Sources include visitors 'book, advertisements, magazines, buyers' guide word of mouth contact from other buyer and engineering personnel. The buyer must be always looking for reliable ...
Tags: Iron Castings, Factors to Consider
Dolcevita Cashmere introduces their Collaboration with World renowned artist Maestro Minestrini and unveils their cashmere bedding and home collection for Art Basel where they transform their Design District store into a gallery. They ...
Tags: cashmere bedding, home collection
To meet the demand of quality materials for the iron and steel industries many types of supporting agencies have emerged in these days. Many times, you will find that these agencies are not only playing an effective role in meeting the need ...
Do you want to get knowledge regarding the choicest options in business development? If you are a business enthusiast, then you will surely desire to get the best opportunity that will help you getting finest option in getting proper way of ...
A worker examines the gas supply system at a specialty steel plant in Dalian, Liaoning province. From January to October, large industrial enterprises' profits rose 13.7 percent year-on-year. Liu Debi Industrial companies saw their profits ...
Tags: Industrial Sector, Mineral