ORL is an Indian producer of special refractories and monolithics listed on the National Stock Exchange of India as well as the Bombay Stock Exchange. The selling shareholders that hold the largest stake of the 43.6% are the immediate ...
Tags: special refractories, monolithics, iron industry, steel industry
US ferrous scrap exports decreased in 2012 to an estimated 23 million tons, down 5.35 percent from 24.3 million tons during 2011, with the main destinations including Turkey, South Korea, Taiwan, Canada and China, in descending order of ...
Tags: scrap exports, scrap, scrap value
Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Group Co. has issued its estimated financial results for 2012, indicating a net loss in the range of RMB 3.1-3.3 billion ($494-525 million), compared to a net profit of RMB ...
On January 29, Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co., Ltd issued its financial results for 2012. Accordingly, Liuzhou Steel has posted an estimated net profit of RMB 121 million ($19 million) ...
Tags: Liuzhou Steel, steelmaker, steel prices
Investments of US$11 billion by leading Mexican flat steel producers for this year are focused on expanding market share in automotive and sectors in which the industry is highly competitive globally, such as hot rolled with new grades, ...
On January 29, Jiangsu Province-based Nanjing Iron and Steel Union Co.(NISCO) issued its anticipated financial results for 2012. Accordingly, Nanjing Steel has estimated a net loss of RMB 580 million ($92 million) for 2012, compared to a ...
Tags: Steel, Iron, steel market
On January 29, Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Bengang) announced an estimated net profit of RMB 100-150 million ($16-24 million) for 2012, down by 81.15-87.43 percent year on year, with earnings ...
Tags: steelmaker, Profit, steel market
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 1 percent in the week ending January 26, following a 0.3 percent increase the previous week. Total raw steel production in the United States ...
Tags: Iron, Steel, US Raw Steel Production
South Korean steelmaker Pohang Iron and Steel Co. (POSCO) has announced that in the fourth quarter of 2012 its net profit decreased by 45 percent to KRW 561 billion ($518 million), compared to the same quarter of the previous year. The ...
Tags: steelmaker, net profit, steel industry
According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey's slab imports reached 165,210 metric tons in November last year, up 7.5 percent compared to the previous month, hitting the highest monthly ...
Tags: slab imports, slab, slab industry
Anhui Province-based Chinese steelmaker Changjiang Iron and Steel Co., a subsidiary of Ma’anshan Iron and Steel Co. (Masteel), has commissioned its new converter No. 2, as announced by Beijing-headquartered Chinese state-owned ...
Tags: Changjiang Steel, Steel, Steel industry
As of January 25, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in major steel markets in China totaled 14.796 million mt, up 450,000 mt compared to the previous ...
In 2012, China’s overall finished steel export volume amounted to 55.7321 million mt, up by 14.02 percent year on year, as stated by the China Iron and Steel Association (CISA). Three main product categories, including cold rolled ...
Tags: China, Steel Exports, Mineral
On January 28, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. announced an estimated net profit of RMB 100 million ($16 million) for 2012, compared to a net loss of RMB 1.471 billion ($234 million) in 2011. Chongqing ...
Tags: Chongqing Steel, China, Mineral
Italy’s output of steel long products totaled 1.065 million tons in last November, falling by 5.3% year on year, according to data released by the Italian iron and steel federation Federacciai. In last November, Italy’s ...
Tags: Italy, steel long products, steel