New analysis has showed China's iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand. Demand has usually shrunk in the fourth quarter every year, especially in north China, and the corresponding ...
Tags: Iron Ore Price
Chinese steel giant Baosteel Group has announced that its BSSF (Baosteel slag short flow) roller slag processing technology and equipment with independent intellectual property rights will be used at the steel production facilities of ...
On November 8, the China Iron and Steel Association (CISA) announced that in late October (Oct. 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7033 million mt, ...
Tags: China, crude steel, output, down
The China Iron and Steel Association (CISA) has stated that in the January-September period of the current year the total gross profits of large and medium-sized steel enterprises in China totaled RMB 11.3 billion ($1.85 billion), with a ...
Tags: CISA, steelmaker, gross profits
According to its financial results according to US GAAP (Generally Accepted Accounting Principles) for the third quarter of the current year, Russian steelmaker NLMK registered a net profit of $138 million in the third quarter compared to a ...
Tags: NLMK, net profit, compare, Q2, Q3
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the third quarter and the first nine months of the current year, reporting a net profit of ZAR 248 million ($23.9 million) in the third ...
Tags: ArcelorMittal, South Africa, financial results, profit
Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...
Tags: steel, Coal, Metallurgy, Mineral
The Ninth China Steel Annual Conference was held on October 22th -25th at the Beijing Convention Center. Baosteel Group chairman Mr. Xu Le Jiang was invited to deliver a keynote speech of " green business model create green steel - ...
Tags: Green Steel, Metallurgy, Mineral
According to a report from the American Iron and Steel Institute, in the week ending November 2, 2013, domestic raw steel production was 1,833,000 net tons while the capability utilization rate was 76.5 percent. Production was 1,707,000 net ...
Tags: Construction, Metallurgy, Mineral, Raw Steel
Swedish specialty steel producer SSAB has posted its financial results for the third quarter and the first nine months of the current year, reporting a net loss of SEK 520 million ($79.7 million) for the third quarter, compared to a net ...
Tags: Metallurgy, Mineral, steel
In October this year, Ukrainian steelmaker Zaporizhstal's finished steel product output increased by 2.5 percent year on year to 291,000 mt, while its crude steel production was unchanged year on year at 333,600 mt, according to the ...
Tags: Finished Steel, steel, Metallurgy, Mineral
Japan's Ministry of Economy, Trade & Industry (Meti) predicted that the country's specialty steel output might jump by 20.8% year on year to reach 5,324,000 tons in October-December. Also, the figures increased by 4.3% from a quarter ago. ...
Tags: Steel, Construction
According to statistics released by the Mexican steel chamber (Canacero), the country's crude steel output totaled 1.34 million tons in June, hitting the lowest level over the past 30 months and falling by 5% from 1.41 million tons in June, ...
Tags: Crude Steel, steel, Construction
It is learned that Brazilian steelmaker Usiminas sold 1.565 million tons of steel in the third quarter of this year, representing a decrease of 10.5% compared to the same period last year. In the first nine months of this year, the ...
Tags: Construction, steel
Most domestic steelmakers are seeing an improvement in their third-quarter performance. Fifteen of the 20 listed steel companies that issued third quarter reports made profits, as opposed to last year, when up to 90 percent of the steel ...
Tags: Steel Industry, Steelmakers