In a conference call with investors Tuesday, executives at German steel giant ThyssenKrupp AG indicated their preference for cash offers over shares for either of the two mills--a slab-making plant in a Brazil and flat rolled mill in ...
Tags: Thyssenkrupp, Mineral, compamy news
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter of 2012, ArcelorMittal South Africa registered a net loss of ZAR ...
Tags: Arcelormittal, South Africa, Mineral
The government of Algeria has decided to increase its control of local steel producer ArcelorMittal Annaba which was purchased by ArcelorMittal in 2001, according to domestic media reports. The Algerian government will pay $200 million ...
Tags: Algeria, Arcelormittal Annaba, Mineral
Essar Steel Minnesota LLC (ESML) announced Monday that it has entered into a long term iron ore pellet off-take agreement with ArcelorMittal USA. The term of the agreement is 10 years and the supply of pellets is expected to commence during ...
Tags: Essar Steel, Iron Ore, Mineral
Luxembourg-based steelmaker ArcelorMittal has announced that it produced 14 million mt of iron ore, excluding strategic long-term contracts, in the fourth quarter of 2012, down 7.5 percent, while its annual output for the full year 2012 ...
Tags: Iron Ore, Arcelormittal, Mineral
ArcelorMittal South Africa has announced that on Saturday, February 9, a fire occurred at its Vanderbijlpark plant, causing extensive damage to its steelmaking facilities and resulting in their immediate shutdown. No injuries were reported. ...
Tags: Arcelormittal, South Africa, Mineral
ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, has stated that the output of its continuous casting machine (CCM) exceeded 100,000 mt of billets in January this year. This result means the planned annual ...
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter, ArcelorMittal registered a net loss of $3.99 billion compared to a net ...
Luxembourg-headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced its financial results for the fourth quarter and the full year 2012. In the fourth ...
Tags: Aperam, finicial report, company news
ArcelorMittal, the world’s biggest steelmaker, announced the temporarily shutdown of its steel plant and rolling mills in Warsaw due to weak demand. The steel giant last week has suspended facilities in Belgium and close two idled ...
Tags: steelmaker, steel plant, steel giant
It’s reported that Nippon Steel Sumitomo Metal and ArcelorMittal plan jointly bid for ThyssenKrupp's steel business in North America, in order to improve the production of steel sheets for automobiles. It’s known that ...
Tags: Nippon Steel, JFE steel, steel sheets
It’s reported that the Brazilian steelmakers are seeking to raise the prices of steel flat products in order to improve profits. The Brazilian steel industry stayed in difficult situation in 2012 due to slow economy in international ...
India-based Uttam Galva Steels Ltd, one of the largest producers of cold rolled steel and galvanized steel in western India, has announced that it has not received any proposals from the global steelmaker ArcelorMittal, a minority ...
Tags: Steels, cold rolled steel, galvanized steel
Luxembourg-based steelmaker ArcelorMittal has announced that it has signed a $40 million deal with the government of Liberia to build a 70 km road between the towns of Ganta and Yekepa, close to the company's iron ore mine in Mount Tokadeh. ...
Tags: road building, steelmaker, iron ore project
Reportedly, the US steelmakers including AK Steel, ArcelorMittal North America and Nucor have announced to raise the prices of steel flat products by US$44~US$55/ton recently. It’s said that the steelmakers increased the prices ...