Switzerland based SMS Concast has announced that it has received an order from the Indian steelmaker BMM Ispat for the delivery of a combined-caster. With the new caster, BMM Ispat will be able to produce 1.1 million mt of billets and ...
Tags: SMS Concast, steelmaker BMM, caster
It is said that Turkey's largest integrated steel producer, Erdemir Group, has tendered for a second continuous galvanizing line at its Eregli works,and also for its melt shop upgrade at its Iskenderun works. Erdemir sets budget plan ...
Tags: galvanising line, steel producer, steel
Reportedly, Saudi Basic Industries Corporation (SABIC), the Gulf Cooperation Council's largest steel producer, will aim to increase its wire rod annual production capacity to 700,000 tons in the second quarter of this year. Meanwhile, ...
Tags: SABIC, wire rod output, steel producer
Brazil’s Usiminas, the largest flat steel producer in the country, plans to increase prices for some products since March 1st in order to boost the company’s margins. It is said that Usiminas informed distributors that ...
Tags: Usiminas, flat steel prices, Steel
Madrid, Spain-based stainless steel producer Acerinox has announced its financial results for 2012, posting a net loss of €18.33 million, compared to a net profit of €73.73 million in the previous year. In 2012, the company's ...
Tags: stainless steel producer, stainless steel, steel producer
On February 21, Sichuan Province-based Pangang Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Panzhihua Iron and Steel Group (Pangang Group), has launched production at coke oven No. 4 of its coal ...
Tags: Xichang Steel, Steel, steel producer
British mineral exploration and development company Afferro Mining Inc. has announced that it has signed a non-binding memorandum of understanding (MoU) with POSCO Africa (Pty) Ltd., a wholly-owned subsidiary of South Korean steel producer ...
Tags: iron ore projects, iron, ore
Hebei Province-based Chinese steelmaker Handan Iron and Steel Group Co., a subsidiary of major Chinese steel producer Hebei Iron and Steel Group, has won a contract to supply 1 million mt of HRB 400 rebar for Wudonghe Hydroelectric Power ...
Tags: Handan Steel, steelmaker, Steel
According to World Steel Association’s data reported that Brazil’s steel production fell 5.7% in this January compared to the same month in 2012, dropped from 2.78 million tons to 2.62 million tons. The data compared to the ...
Tags: Steel Production, Steel, steel producers
United States Steel, the integrated steel producer in North America, announced the appointment of Burt Caldwell as general manager in charge of flat-rolled sales in Chicago. Mr Caldwell will replace Michael Meyers who is retiring to manage ...
In January this year, Italian crude steel output decreased by 19.7 percent year on year to 1.801 million metric tons, according to the figures released by the Italian steel producers association Federacciai. January is the 10th month in a ...
Brescia, Italy-based special steel producer Leali Group has been purchased by Geneva, Switzerland-based Klesch Group. The two companies inked a binding agreement on February 21, according to which the transaction will be completed by the ...
Tags: special steel, steel, special steel producer
German plantmaker SMS Siemag has announced that it will deliver the world's largest submerged arc furnace with six electrodes for POSCO SNNC, South Korea-based steel producer POSCO's ferronickel subsidiary, for the production of ferronickel ...
Tags: submerged arc furnace, POSCO SNNC, nickel
Brazil-based steel producer Gerdau SA has reported its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the net profit of the company was R$142 million ($72 million), down 70 percent compared to the ...
Tags: net profit, Gerdau, steel producer
China Steel Corp. (CSC), the largest carbon steel producer in Taiwan announced to raise its prices for hot rolled and cold rolled leeway by NT$800/ton. After the adjustment, the company’s list prices for hot rolled leeway are at ...
Tags: Steel Corp, Steel, hot rolled steel