Global steel giant ArcelorMittal has announced that it is currently mining and shipping 5 million mt of iron ore per year in Liberia from its operations in Yekepa and Buchanan. The company is also working on an expansion project that will ...
Tags: ArcelorMittal, Liberia, iron ore
Steelmaker ArcelorMittal has doubled its investments in Brazil in the first half of the year, the company said. The company's Capex reached $241 million in the period, up 97.5 percent from $122 million a year ago. Arcelor's investments ...
Tags: Metallurgy, Mineral, Energy, Steel
Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first half this year. ArcelorMittal has adjusted its assumption for iron ore prices to $105/mt, from the previous $120/mt, implying ...
Tags: steelmaker, crude steel
Valin ArcelorMittal Automotive Steel (VAMA) has forayed into the automotive manufacturing with the opening of a new advanced automotive steel plant in China with a total investment of CNY5.2bn ($832m) Located in the economic zone in Loudi ...
SSAB Americas announced price increases for as-rolled plate, cut-to-length plate and hot-rolled coils by a minimum of $30/st and a minimum increase of $50/st for normalized, quenched and tempered plate, according to a letter sent to ...
Tags: Steel Plate, SSAB Americas
Brazil steel maker Companhia Siderurgica Nacional (CSN) plans to expand its presence in the domestic rebar market, local media reported on Tuesday. The company has just entered in the long products segment and is eyeing a 9 percent market ...
Tags: Rebar Market, steel maker
In the January-May period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 2.480 million mt, down 4.1 percent year on year, as announced by the ...
Tags: Crude Steel, Output, finished steel products
The US sheet steel market might be in for another stretch of relative stability, as new upcoming outages balance import pressure and drab demand, market sources said Thursday. One industry consultant said manufacturing -- and thus steel ...
Tags: Steel Sheet, steel consumption
Canada, Ontario-based ArcelorMittal Dofasco has announced that six out of 13 air emission charges it faced have been settled at court resulting in a fine of $390,000 related to the company's coke making operations violating emission ...
Tags: Air Emissions, ArcelorMittal
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the first quarter of the current year, reporting a net profit of ZAR 322 million ($31.1 million), compared to a net loss of ZAR 275 million ...
Tags: steel producer, ArcelorMittal
Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first quarter this year. Regarding the 2014 outlook, ArcelorMittal has lowered its global steel demand growth guidance to 3-3.5 ...
Tags: Steel Demand, steelmaker
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 first quarter of 2014. In the first quarter, Aperam ...
Tags: stainless steel, nickel price
On May 5, the US Department of Commerce (DOC) announced its affirmative preliminary determinations in the antidumping duty (AD) investigations of grain-oriented electrical steel (GOES) from the People’s Republic of China (China), the ...
Tags: Electrical Steel, DOC, Iron, Steel
Canada-based Baffinland Iron Mines Corporation (Baffinland) has announced that it has received the final regulatory approval to begin the first phase of extraction of iron ore in the Mary River project. Baffinland, 50 percent owned by ...
Tags: Iron Ore, Baffinland
Luxembourg-based global steelmaker ArcelorMittal has announced its Latin American investment plans with Kortrijk, Belgium-based Bekaert, one of the world's largest steel cord and wire manufacturers. Accordingly, in Brazil, ArcelorMittal ...
Tags: steelmaker, ArcelorMittal