Taranto-based Italian steel producer Ilva has announced it is preparing to launch the massive investment plan needed to modernize its production facilities in accordance with the Environmental Integrated Authorization (EIA) issued by the ...
Tags: steel producer, steel, hot rolling
Luxembourg-headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced that together with Italy-based Ilta Inox S.p.A. (Arvedi) and Marcegaglia S.p.A. ...
Construction work is continuing on the Yulong Lianfeng stainless steel cold rolled project in the city of Changge in China’s Henan Province and is expected to be completed by May this year, with production also expected to be launched ...
Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co. has concluded a deal for the export of 4,000 mt of coated steel sheet to a construction company in Brazil, in its first export transaction for the product in question in ...
Tags: Tangshan Steel, Iron, Steel
Essar Steel Algoma, Ontario-based steel flats producer announced that its net loss of US$25.1 million for the second quarter ended on December 31st, 2012 although the company’s shipments increased by 19.6% year on year in the given ...
Reportedly, Asil Celik, Turkey’s largest alloy steel producer has announced its new continuous casting machine with annual production capacity of 600,000 tons. Meanwhile, the company has invested approximately US$21.5 million of ...
It’s reported that Finnish stainless steel producer Outokumpu said that its shipments of stainless steel products would be at 680,000~750,000 tons in the first quarter of this year, jumping from 337,000 tons in a quarter ago. ...
Tags: stainless steel shipments, stainless steel, stainless steel producer
Russian steel producer Severstal has announced that production restarted on Friday, February 15 at its Vorkutinskaya mine following last week’s explosion, except for one affected area where production will remain suspended for 90 days ...
Tags: mine production, steel producer, steel
According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey imported 950,490 mt of slab in 2012, more than sextuple compared to the previous year. In 2012, Turkey's slab imports hit the highest level ...
Tags: slab imports, Steel Producer, Steel
It’s reported that Jindal Stainless, the largest stainless steel producer in India released its financial result for the fourth quarter of 2012. The company posted a net loss of INR2.57 billion for the fourth quarter of 2012, ...
Tags: Jindal Stainless, stainless steel product, company news
Reportedly India’s Tata steel UK, the second largest steel producer in Europe, has restarted a blast furnace in Britain. Karl Kohler, chief executive of Tata Steel UK said it take the advantage of low steel demand to carry out ...
Tags: Tata steel, steel market, company news
Swedish specialty steel producer SSAB has posted its financial results for the fourth quarter and the full year 2012. In the fourth quarter of 2012, the company reported a net loss of SEK 227 million ($35.4 million), including a positive ...
Tags: SSAB, financial results, 2012
It is reported that Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to raise its list prices for austenitic cold rolled coils (CRC) by 10,000 yuan/ton for February contracts due to weak yen ...
Finland-based stainless steel producer Outokumpu has announced its financial results for 2012, reporting a net loss of €535 million compared to a net loss of €180 million in 2011 due to the ongoing challenging market environment. ...
Tags: Outokumpu, company news, Mineral
During the panel discussion at the SteelOrbis Market Talks Meeting held in Gaziantep in southeastern Turkey on February 13, Turkish steelmaker Toscelik's foreign trade and corporate sales director Bulent Saygili said that Toscelik's flat ...
Tags: Flat Steel, Price Trend, Long Product Trend