On March 20, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. Ltd, (WISCO), a subsidiary of Wuhan Iron and Steel (Group) Corp., announced that it has received approval from China’s State-owned Assets Supervision and ...
Tags: WISCO, Non-Public Share Issue, Mineral
Australian miner Sundance Resources has announced that it has requested that trading of its shares be halted at the Australian Securities Exchange (ASX) until April 8, since Hanlong Mining, a subsidiary of Sichuang Province-based Chinese ...
Tags: miner, Sundance Resources, shares
Turkish steel pipe producer zbal elik Boru has announced that it has received an order, worth approximately $8.5 million, from a domestic customer for spiral welded steel piling pipes. The production of the order is scheduled to be ...
Tags: Pipe Producer, Pipe, Steel Piling Pipe
Answering SteelOrbis' questions during the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting held on March 3-5 in Doha, Michael Setterdahl evaluated the new tendencies in steel trading. CELSA International Commercial Director Kim ...
Tags: Long Steel Demand, Mineral, Metallurgy
At the SteelOrbis Market Talks Meeting held in the northwestern Turkish city of Bursa on March 15, Sinan Sozen, executive vice president of Borcelik, one of Turkey's leading cold rolled coil and galvanized sheet producers, said that the ...
Tags: Metallurgy, Borcelik, Mineral
In the week from March 11 to March 17, the scrap indexes moved downwards on the Orbis Steel Index. In the given week, the Turkish rebar index started to decline after four straight weeks of upward movement. The Black Sea HRC export index ...
Tags: Scrap, Steel Index, Mineral
In February this year, Indian steel producer JSW Steel’s crude steel production increased by 11 percent compared to February 2012. JSW produced 675,000 mt of crude steel in February of the current year, compared to 609,000 mt in ...
Tags: JSW Steel, Crude Steel Output, Mineral
Australian mining giant Rio Tinto remains committed to its $10 billion Simandou iron ore projects located in Guinea, West Africa, despite the slowdown in progress regarding development of the project, according to media reports. The ...
Tags: iron ore project, iron ore, mining
The European Commission (EC) has announced that it has extended the 27.4 percent antidumping duty (AD) order on stainless steel fasteners from China to the Philippines as a result of the anti-circumvention investigation initiated against ...
Tags: stainless steel, stainless, steel
Indian state-run miner NMDC is currently not in negotiation for acquisition of coal and iron ore mines, in Brazil or in any other country, according to the Press Information Bureau of India. During a speech in the Indian parliament, Dr. D ...
Tags: Steel Industry, Steel, Raw Material
After Tuesday's announcement that Brazilian steelmaker CSN was increasing flat steel prices by between 6 and 8 percent, Brazilian industry sources reported that the market is at a standstill considering prices will also be affected by an ...
Tags: steelmaker, CSN, flat steel prices
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's steel scrap imports fell 15.55 percent compared to December and were up 0.8 percent compared to the same month of 2012, amounting to ...
Tags: Turkey, steel scrap imports, steel market
Gauteng Department of Agriculture and Rural Development has withdrawn its notice requiring ArcelorMittal South Africa to halt operation of certain units at its Vanderbijlpark plant and confirmed that it is satisfied that ArcelorMittal South ...
Tags: company news, Arcelormittal, Vanderbijlpark
Global steelmaker ArcelorMittal has announced the approval by its board of directors of phase two of the company's mining operations in Liberia. The second phase of the project will bring the annual capacity of the iron ore mine from 4 ...
Tags: iron ore project, iron ore, steelmaker
Speaking at the SteelOrbis 2013 Spring Conference & 68th IREPAS Meeting taking place in Doha on March 3-5, Juma Al Mansouri from Emirates Steel said that the UAE is seeking to transform its oil-dependent economy by spending billions of ...
Tags: oil, Oil Dependent, Oil Economy