Reportedly, ThyssenKrupp released bids in for its steel mills in Brazil and the United States. Heinrich Hiesinger, the CEO of ThyssenKrupp has declined to comment on the prices. The deadline for final bids was in February. The ...
Tags: steel mills, steel companies, steel
During the speakers' forum at the Port of Tampa 24th Annual Steel Conference on March 1, Patrick McCormick, Managing Partner with World Steel Dynamics, explained that in recent years, scrap demand has been relatively flat--and during ...
Tags: Steel Conference, Steel, scrap prices
It is reported that the prices of carbon steel flat products have gradually increased to around €505~510/ton in North Europe for March, still lower than the performance in a year ago at around €550~630/ton. Additionally, the ...
European carbon steel coil and sheet prices keep going up slightly, but the price is still lower than last year. Northern Europe HRC and CRC price was at €550/ton and €630/ton in last March, and now the price for coil and sheet ...
Tags: Carbon Coil, Sheet, Carbon Coil Price
Serge Miller, the chief executive of ArcelorMittal Mines Canada chief executive, stands down and completes the 36 years in the iron ore company. Steve Wood, ArcelorMittal’s vice-president of iron ore operations for the Americas region ...
Tags: Mines, ArcelorMittal, CEO
Global steel giant ArcelorMittal has announced that it has supplied 6,000 mt of rebar that will be used in a bridge construction project in Venezuela. The 11 km-long bridge will connect the cities of Caicara de Orinoco and Cabruta, ...
Tags: steel giant, Arcelormittal, steel
Reportedly ArcelorMittal is firm to suspend the closure of its plants and job cuts in Europe after negotiation with EU Commission. The EU Industry Commissioner Mr Antonio Tajani said no more job cuts in its Europe plants that employ ...
Tags: steel industry, ArcelorMittal
Luxembourg-headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced that together with Italy-based Ilta Inox S.p.A. (Arvedi) and Marcegaglia S.p.A. ...
It is learned that Essar Steel Minnesota will sell its iron ore pellets to ArcelorMittal USA from its new taconite plant in Minnesota which costs US$1.7 billion. According to Essar’s press release, the 10-year deal likely will ...
Tags: Essar Steel, mine, steel
Sweden-based mining and exploration company Dannemora Mineral has issued its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the company registered a net loss of SEK 104.4 million ($1.65 million), ...
In January this year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 536,500 mt, down 3.35 percent year on year. In addition, in the given month ArcelorMittal ...
Reportedly EU ministers and European Commission call on ArcelorMittal to postpone planned capacity cuts until they confirm proposals to revive Europe’s steel sector, Industry Commissioner Antonio Tajani said on Tuesday. ...
Tags: ArcelorMittal, capacity cuts, steel sector
According to a forecast made by the Brazilian flats distributor group (INDA), Brazil’s imports of steel flats may slump by 50% in 2013; It’s known that Brazil’s imports of steel flats have showed a slowdown since last ...
Tags: Brazil, steel flats, imports
ArcelorMittal Flat Carbon Europe has reported the operation outcome for the fourth quarter and full year of 2012. The steel giant’s Flat Carbon Europe posted operating loss of 2,212 million Euro for the fourth quarter of 2012, ...
Tags: Flat Carbon, steel giant, steel demand
Global steel giant ArcelorMittal has announced that it has completed a €7 million investment to produce a lightweight steel product called Usibor at the galvanizing line at its Florange steel plant located in France. It is the first ...