Wuhan Iron and Steel Corp. (Wisco) realized sales revenues of RMB70 billion with profits of RMB506 million in the first four months of this year, rising by 5% and 168% year on year respectively. In the first quarter of this year, Wisco ...
Going green campaign is gaining momentum worldwide and so is the objective of many companies to recycle used products. From paper to various metals, companies are seen paying increased attention to recycling secondary items. The process of ...
According with the last "Steel on figures" report from Mexico's National Chamber of Iron and Steel Industry (CANACERO), at the beginning of 2013, the national economic environment has had some changes from the previous year-end, when the ...
Tags: Steel Demand, Mineral
Mexican National Chamber of Iron and Steel Industry (CANACERO) reported that last year steel imports from countries without trade agreements grew 170 percent. In its recent report "Steel on figures," Canacero said that "So far in 2013, ...
Tags: Iron and Steel Industry, Mineral
Shandong Province-based Chinese steel producer Rizhao Iron and Steel Group has announced that in April it won a tender to supply flange beam for the Chongqing-Wanzhou Railway (Yuwan Railway), a part of Zhengzhou-Chongqing Railway. The ...
Tags: Rizhao Steel, Yuwan Railway
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji reported no crude steel output in the first quarter of this year, due to smelting capacities being idled in November ...
Tags: Crude Steel Output, Mineral
Based on the US Department of Commerce's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of April total ...
Tags: Finished Steel, Mineral
The China Iron and Steel Association (CISA) has stated that in the January-March period of this year the aggregate gross profits of large and medium-sized steel enterprises in China totaled RMB 2.486 billion ($400 million), compared to the ...
Tags: Steel Enterprises, Mineral
According to forecast made by the Japan Iron and Steel Federation (JISF), Japan’s steel production is expected to rise further in the fiscal year 2013/14 (during April 1st through March 31st, 2014), driven by depreciated Japanese Yen ...
Tags: Steel Production, Steel
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in March this year Turkey's iron and steel imports totaled $1.56 billion, decreasing by ...
Tags: Steel Import, Mineral
Shanghai-based Meishan Iron and Steel Co., a subsidiary of major Chinese steelmaker Baosteel Group, has announced that it plans to issue short-term financing bonds worth RMB 1.8 billion ($291.7 million) on May 7. The bonds will mature ...
According to the customs statistics released by the Japanese Ministry of Finance, Japan's iron and steel product exports in March this year amounted to 4.1 million metric tons, increasing by 4.7 percent compared to the same month of 2012 ...
Tags: Steel Exports, Mineral
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the first quarter this year its subsidiary Hebei Steel Group International Trade Co. booked export orders for a total of 899,500 mt of finished steel. ...
As of April 26, 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 20.236 million mt, down 607,000 mt week on week and ...
Tags: Finished Steel Inventory, Mineral
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co, a subsidiary of Wuhan Iron and Steel (Group) Corp (WISCO) has announced a net profit of RMB 238 million ($38 million) for the first quarter this year, increasing by 4.53 times ...