Russian steelmaker MMK's Turkey-based subsidiary MMK Metalurji has announced that its offer of a 10 percent increase in wages notified to Turkish labor union Çelik-İş has expired as of August 2. After the labor union ...
Tags: steelmaker, MMK
Kobe Steel, one of Japan's leading steelmakers has planned to invest to build a new hot-metal treatment plant along with continuous bloom caster, heat treatment furnace, secondary refining equipment and enhanced power generation devices for ...
Tags: steel, Metallurgy, Mineral, Energy
Chinese steel rebar futures for October delivery at Shanghai Futures Exchange (SHFE) dropped to its lowest by 2.1% to RMB 3,496/ton, a 9 month low on Monday since September 7th last year as China, the world's biggest steel consumer's ...
Tags: SHFE, steel, Construction&Decoration
According to report, Brazilian steelmaker Usiminas may consider to raise its operation close to full capacity if seeing the demand to rise. Currently the capacity is operated at 80~85 percent. The nominal crude steel capacity is 9.5 ...
According to report, Egypt's biggest steelmaker, Ezz Steel, said it sees its profits to rise in 2014 on new facilities which help to cut production costs. It is expected the new way of production will come with annual capacity of 1.8 ...
Tags: Metallurgy, Mineral, Energy, steel
During the panel discussion at the SteelOrbis Market Talks Meeting held in the Turkish capital Ankara on April 12, Namik Ekinci, chairman of the Turkish Steel Exporters' Association (CIB), underlined that, since there is not enough demand ...
Tags: Namik Ekinci, Steel Exports
According to a report released by the South East Asia Iron and Steel Institute (SEAISI), steel consumption in the ASEAN countries has been growing at a compound annual growth rate of 10.7 percent between 2009 and 2012 and is expected to ...
Tags: ASEAN Steel, product capacity
Speaking at the International Steel Trade Day organized by STSG-Eurometal in Milan on April 4, Juergen Nusser, managing director of Eurometal, presented a negative outlook for the European steel market in 2013. Demand fell by 9.5 ...
Tags: Steel Capacity, Nusser, Mineral
An independent research study commissioned by the Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), revealed 65 percent of decision makers at Fortune 500 consumer product companies ...
Tags: Packaging, Printing, steel, consumer packaged goods
The American Iron and Steel Institute (AISI) reported that the bill introduced Wednesday known as the "Currency Reform for Fair Trade Act" passed the US House of Representatives with overwhelming support in the 111th Congress and also has ...
Tags: steel, Iron, Metallurgy
Turkish integrated long steel producer Kardemir has announced that it has decided to procure the equipment for its new wire rod and premium quality steel round bar mill from Germany-based plantmaker SMS Meer. This new mill will be ...
In a story published Sunday, the Blytheville Courier News reported that Nucor Steel Arkansas sent a memo to members of the Arkansas senate and House of Representatives earlier this month detailing why the company believes the construction ...
Tags: Progression, Big River Steel Mill, Mineral
Speaking at the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting taking place on March 3-5 in Doha, Adel Al-Mughram, senior marketing manager at Saudi Arabian company SABIC, underlined that oil is critical of Saudi Arabia and crude ...
Turkish specialty steel producer Asil Celik has announced that it has ordered a continuous casting machine from the Swiss plantmaker SMS Concast. The new casting unit is expected to be commissioned in early 2015. The new continuous ...
Hebei Iron and Steel Group, established in 2008 with the merger of Tangsteel and Hansteel in Hebei province, produced 69.23 million tons of steel, down by 2.8% year on year. In 2012, China has dominated the global steel production with ...
Tags: Hebei Iron and Steel Group, Crude Steel, Output, 2012