On February 19, Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Group Company (HISGC) announced that in 2013 it plans to implement 43 technological upgrading projects, with a total investment of RMB 596.41 million ($95.58 ...
In December last year, South Africa's primary carbon and alloy steel product imports (excluding semi-finished steel, stainless steel and drawn wire) amounted to 58,367 mt, decreasing 32.5 percent compared to November and down 38.8 percent ...
Tags: carbon, alloy steel, Steel
On February 18, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) announced that its ultra-thin high-strength 1.2 mm 700 MPa hot rolled steel sheet (HRS) is now being applied in the production of containers ...
Tags: HRS, steelmaker, steel
In December 2012, Japan's seasonally adjusted industrial production increased 2.4 percent from the previous month, while the original index indicated a decrease of 7.9 percent compared to the same month last year. The country's seasonally ...
As of February 16, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China totaled 18.016 million mt, up 1.851 million mt week on week and ...
Tags: steel inventory, finished steel, steel
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp.has announced that it plans to issue short-term bonds worth RMB 6.3 billion ($1 billion), in a first phase of short-term bond issuance for the current year. The ...
Tags: steelmaker, short term bonds, iron ore
According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey imported 950,490 mt of slab in 2012, more than sextuple compared to the previous year. In 2012, Turkey's slab imports hit the highest level ...
Tags: slab imports, Steel Producer, Steel
Shandong Province-based Shandong Iron and Steel Group has announced that in 2012 it achieved an operating revenue of RMB 112.3 billion ($18 billion). In 2012, Shandong Steel Group produced 23.3693 million mt of pig iron,23.0061 million mt ...
Tags: Shandong Steel, Steel Group, crude steel
Ilyich Iron and Steel Works of Mariupol, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has stated that it has stopped its HDG line No. 1 due to repair works and unfavourable market conditions. The ...
Tags: Ilyich Iron, Steel Works of Mariupol, mining, steel
According to statistics released by the Japan Iron and Steel Federation (JISF), the country’s exports of stainless steel products totaled 1,176,513 tons in 2012, falling by 6.4% in a year ago. The dropped exports of stainless ...
Tags: Japan Iron and Steel Federation, stainless steel products, exports
The Ministry of Industry and Minerals has signed an 18-year contract with a Turkish company to run iron and steel plant in Basra. According to Steel Network, $700 million will be invested to bring production capacity to 1 million tonnes ...
Tags: Turkish company, steel plant, Basra
According to data released by the Turkish Iron and Steel Producers' Association (DCUD), Turkey’s output of finished steel products totaled 34.30 million tons in 2012, rising by 7.3% year on year. Among them, 25.20 million tons ...
Tags: finished steel production, finished steel, steel production
According to the preliminary data released by Statistics South Africa, in 2012 the country's manufacturing output rose by two percent compared to 2011, while the seasonally adjusted manufacturing production in the fourth quarter of the year ...
Tags: Iron and Steel Output, Mineral, South Africa
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced that it is carrying out hot run tests on two new heating furnaces as a part of the reconstruction of its hot rolling mill 2500. During the reconstruction of the ...
Tags: MMK, Hot Run Tests, Mineral
On February 7, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co.,announced that in January this year it produced 481,739 mt of finished steel, up 15.05 ...