put a new continuous casting plant into operation in August at the Taiwanese steelmaker Dragon Steel Co.The two-strand caster was installed at the Taichung,Taiwan location and is designed to produce approximately two million tons of ...
Tags: Siemens VAI Metals, casting plant, carbon and micro-alloyed steels
RIA Novosti reported that Russian independent gas producer Novatek has signed a deal worth an estimated RUB 121 billion to supply 27 billion cubic meters of natural gas to Mosenergo in 2013 to 2015. Mosenergo said that the signing of the ...
Tags: RIA Novosti, Novatek, natural gas, Mosenergo
On November 30, Liaoning Province-based Chinese steel producer Fushun Special Steel announced that Chinese steelmaker Dongbei Special Steel Group currently holds 224 million shares in Fushun Special Steel, accounting for 43.02% of total ...
Tags: Fushun Special Steel, Chinese steelmaker, Chinese steel producer
Indian Tata Steel announced that they will cut jobs across Britain as part of a restructuring plan. The company will cut 580 jobs at its Port Talbot plant in south Wales and 12 steel finishing and processing sites in England and Wales. ...
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to leave its domestic prices for stainless cold rolled coils (CRC) and plates unchanged for December contracts. Its' learned that NSSC cut ...
Tags: CRC, stainless cold rolled coils, stainless cold rolled plates
RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
SGIS Shongshan Company, a leading Guangdong Province-based Chinese steel producer has planned to conduct two stages of hot run test for alloy steel round bar production line. After the commission of the production line, its yearly ...
A review of operating costs for Gunson's Coburn Zircon Project indicates potential cost savings of AUD 122 million across the 23 year mine life. Further improving the financial returns from the project, an additional USD 1.2 million could ...
Tags: zircon, mining costs, zircon producer, mine, pit optimization
Taigang Stainless, the largest stainless steel producer in China, has announced its price policy for December 2012. It's learned that Taigang Stainless decided to cut its domestic prices for 304 grade stainless steel products including ...
Tags: Taigang Stainless, stainless steel, 304 grade stainless steel products
Essar Steel Algoma, an integrated primary steel producer in Canada posted loss of US$88.40 million for the third quarter of this year, caused by high input costs and dropped selling prices. In the third quarter, the firm's selling ...
Tags: steel producer, steel input costs, Canada steel producer
Fitch Ratings has downgraded South Korea-based steel producer POSCO's Long-Term Issuer Default Rating or IDR and senior unsecured rating to 'BBB+' from 'A-', with a negative outlook beimg assigned. Further, the agency has affirmed POSCO's ...
Tags: Fitch Ratings, POSCO, IDR, Long-Term Issuer Default Rating
NSSC leaves stainless CRC domestic prices unchanged for November Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to leave its domestic prices for stainless cold rolled coils (CRC) and ...
A technologically leading vacuum solution has won Oerlikon Leybold Vacuum another steel degassing order. Jailaxmi Casting & Alloys, an Indian steel producer, was convinced by the innovative systems and redundant components. "The new ...
PTI reported that the Competition Appellate Tribunal adjourned the hearing till January over SAIL’s plea questioning the maintainability of a petition related to supply of rails by the steel maker to the Indian Railways. A 3 member ...
Tags: Sail Plea, Appellate Tribunal, supply of rail, steel
Weir Minerals has launched its first service centre in Hungary to provide increased support to its growing customer base in the country,as well as in Romania and the former Yugoslavia. The centre is in Tatabánya in the north of ...
Tags: Weir Minerals, Hungary, service