Evraz Highveld Steel and Vanadium, South African subsidiary of Russia-based steelmaking and mining giant Evraz, has announced its financial results for the first quarter this year, posting a net loss of ZAR 105 million ($10 million), ...
Tags: Steel, Highveld Steel
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
International credit rating agency Moody's has announced that it has upgraded the Turkish steel producer Erdemir's corporate family rating to Ba3, affirming the rating outlook as stable. Moody's stated that the upgrade was prompted by ...
Tags: steel producer, credit rating
Stockholm-listed Dannemora Mineral AB, the group that restored the Dannemora iron ore mine in the southeast of Sweden back to production to supply the steel industry, said Tuesday it had applied for a Swedish version of Chapter 11 ...
Tags: Iron Ore, Steel Industry
China's steel production has plateaued and mills are focusing on complying with tougher anti-pollution measures instead of expanding capacity, a senior official at the China Iron and Steel Association (CISA) said on Wednesday. The fight ...
Tags: Steel Production, Iron, Steel
International credit rating agency Standard and Poor's (S&P) has announced that it has affirmed its 'BBB+' long-term rating for South Korean steelmaker POSCO, with the outlook remaining negative. S&P said that it expects POSCO's credit ...
Tags: POSCO, steel industry
The expected growth in global steel demand through 2050 may require a tripling of current seaborne metallurgical coal exports, which may be tough for miners to deliver, according to forecasts delivered Monday by two consultants. An annual ...
Tags: steel demand, steel production
In the first quarter of the current year, China's production of pig iron, crude steel and finished steel amounted to 179.71 million mt, 202.70 million mt and 261.41 million mt, respectively, up 0.14 percent, 2.37 percent and 5.3 percent ...
Tags: Steel Output, Crude Steel
In its final financial report for the first quarter this year, Hunan Province-based Chinese steelmaker Hunan Valin Iron & Steel Co. (Hunan Valin Steel) has announced an operating revenue of RMB 14.077 billion ($2.3 billion), up 7.38 percent ...
Tags: Hunan Valin Steel, steelmaker
The Mexican National Chamber of the Iron and Steel Industry (CANACERO) denied this week that there is injury to the US steel industry, since all steel trade with the US is part of the North America Free Trade Agreement (NAFTA) and total ...
Tags: Rebar Market, Iron, Steel Industry
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...
The European Commission announced the adoption of new rules on public support for projects in the field of environmental protection and energy. The guidelines will support EU member states in reaching their 2020 climate targets, while ...
Tags: Metallurgy, Mineral, Energy
In March of the current year, Turkey's steel exports declined by 21.5 percent to 1.59 million mt, while the value of these exports decreased by 16.5 percent to $1.32 billion, both on year-on-year basis, according to the Turkish Steel ...
Tags: Steel, Metallurgy, Mineral
Jiangxi Province-based Chinese steelmaker Fangda Special Steel has issued its financial results for 2013, announcing an operating revenue of RMB 13.215 billion ($2.17 billion), down 1.05 percent year on year, while it saw a net profit of ...
Tags: steel, Special Steel, jiangxi
The Mexican steel industry estimates that it will invest US$3 billion as a whole between 2014-2016, largely due to positive economic expectations, especially as a result of energy reforms. During an assembly of CANACERO, chairman Alonso ...
Tags: Steel, Metallurgy, Mineral, GDP