On December 20,successful hot run tests were carried out on the converter No 2,continuous casting machine No.1 and the high speed wire rod line of Chinese steel producer Tianjin No3 Steel Rolling Mill,as announced by China Metallurgical ...
Hubei Province based major Chinese steel producer Wuhan Iron and Steel Group has estimated that in 2012 it will achieve outputs of 35.27 million tonne of pig iron, 36.31 million tonne of crude steel and 36.9 million tonne of finished steel, ...
Tags: Chinese, steel producer, Mineral
Sichuan Province based Chinese steel producer Chengdu Steel & Vanadium Company Ltd, a subsidiary of Sichuan based steelmaker Panzhihua Iron and Steel Group, has signed a contract to supply 80,000 million tonne of oil casing pipes to Kuwait ...
Tags: Chengdu Steel, Steel, steel producer, Steel Group
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is ...
Tags: China, Canada, Metallurgy, Mineral Energy
BD Live reported that aveng subsidiary Trident Steel’s ZAR 8.6 million fine set by the Competition Commission was confirmed by the Competition Tribunal on Wednesday. The settlement followed a commission investigation which found ...
Tags: fine set, Competition Tribunal, Trident Steel, Macsteel Service Centres
German plantmaker SMS Meer has announced that it has received an order from Austria-based stainless steel producer Stahl Judenburg for the supply of a second bright steel center. The new bright steel center will be able to process bars ...
Tags: German plantmaker SMS Meer, bright steel center, smooth steel
Reuters reported that troubled steelmaker Lucchini, Italy's second largest producer, has requested to be placed under receivership procedures to save it from bankruptcy. The measure, which involve the appointment of an administrator ...
Tags: steelmaker, Lucchini, Italy, bankruptcy
SteelOrbis reported that on December 19 Hubei Province based Chinese steel producer Wuhan Iron and Steel Group announced that it will increase its investment in Chinese coal mining company China Pingmei Shenma Group by CNY 600 million. ...
Tags: steel, Wuhan Iron and Steel Group, investment, coal mining, coking coal
THE Coega Development Corporation said that it had started recruiting for the first 143 posts out of a possible 800 being created at Agni Steels South Africa’s smelting plant in the Coega industrial development zone. The wholly ...
Tags: Agni Steel, smelting plant, steel mill, steel
The rating on Steel Authority of India Ltd reflects the company's good market position and diverse customers in India and its favorable cost position due to its captive sources of iron ore. SAIL's good access to funding as a government ...
Tags: Steel, iron ore, steel producer, steelmaking capacity
Sweden based special steel producer Ovako has announced that it will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs. Notices of redundancy were issued to 134 employees at Hofors, Sweden. Another ...
Tags: Sweden based special steel, improve efficiency, reduce costs
Recently,the Egyptian steelmakers have increase the ex-factory prices for steel products. It's learned that Ezz steel,the largest steel producer in Egypt announced to increase its ex-factory prices of steel products by EGP130/ton. ...
Tags: steelmakers, Prices, Beshay, global market
China Steel Corp. (CSC), the largest carbon steel producer in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for next January. Market insiders predicted that CSC might remain its list prices ...
Tags: Long product, rod flat, CSC
The administrators of debt-stricken Italian steel producer Lucchini have announced that, starting from December 11, the Piombino-based blast furnace operated by the company will be idled for one month, i.e., until January 11. The shutdown ...
Tags: steel windows, iron ore price news, windows xp, steel market prices