In the week ending December 1st 2012, domestic raw steel production was 1,818,000 net tons while the capability utilization rate was 73.6%. Production was 1,816,000 tons in the week ending December 1, 2011, while the capability utilization ...
Tags: steel scrap buyers, steel strip, iron ore price news, production process
AFP reported that ArcelorMittal welcomed Saturday a deal over the future of one of its plants that the French government had threatened to nationalize. ArcelorMittal executive Mr Henri Blaffart said “It is positive that we ...
Tags: ArcelorMittal, steel production, investment
As per a PTI report, Odisha has already achieved steel production capacity of 12.66 million tonne per annum and may reach 77.16 million tonne per annum after commissioning of projects for which 49 MoUs have been signed with corporates. Mr ...
Tags: steel production capacity, Odisha Steel and Mines, integrated steel
Market is abuzz about a Q1 deal at USD 165 per tonne of Peak Downs coal by BHP. Coming under shadow of an expected roll over of Q4 price at USD 170 per tonne it has punctured façade of confidence building up recently. Surfing the ...
Tags: spot market, quality coke, steel mills
Reuters reported that Italy faces a deep crisis as its biggest steel plants struggle for survival, putting it in the forefront of a permanent decline in western Europe’s steel sector and increasing cost pressures on many of the ...
Tags: Steel, steel plants, steel sector
As the national economy sea saws between revival and slump the impasse over turn of fortune remains unbroken. UPA government sensing the impending economic holocaust with the fiscal deficit and inflation remaining obdurate has stuck with ...
Tags: steel gate, steel systems, steel scrap buyers, alloy steel
Mr Beni Prasad Verma the minister of Steel said that during 2011-12, consumption of finished steel in the country was 70.92 million tonne as against production of 73.42 million tonne. As such, there is no gap between demand and supply of ...
Tags: steel scrap buyers, stainless steel, buy steel pipe, steel tubes
An employee works in a ferronickel smelter owned by state miner Aneka Tambang in the Pomala district in Indonesia's South Sulawesi province. The country accounts for roughly 7% of the world's total nickel mine output. Picture: REUTERS ...
Tags: nickel, copper mining news, jobs in mining, scrap metal prices
According to industry and government officials at the OECD's Steel Committee meeting in Paris on 6-7 December 2012,the growth in global steel demand is expected to be slower in the coming decade than during the previous 10 years but longer ...
Tags: OECD, global demand, steel, non-tariff measures
Global Times reported that state owned Sinosteel Corporation refused to comment Thursday on a report about losses incurred at its overseas businesses, but experts said it was another case of Chinese companies failing to conduct due ...
Tags: overseas businesses, magnetic separation, mining project
Taigang Stainless,the largest stainless producer in China said that the firm realized 2.4 million tons of stainless steel production in the first 10 months of this year,according to the company's announcement at the annual meeting with ...
Tags: Taigang Stainless, target, stainless steel demand, export
Taigang Stainless, the largest stainless producer in China said that the firm realized 2.4 million tons of stainless steel production in the first 10 months of this year, according to the company's announcement at the annual meeting with ...
Tags: largest stainless producer, stainless steel production
Steel companies that have entered into MoU with the Odisha government have generated direct employment for 27,690 people. Mr Rajani Kant Singh minister of steel&mines said that of this 19,304 jobs have gone to persons within the state ...
Tags: MoU, steel, employment, mines
Mr Irving Rossi,founder of the Swiss company Concast,launched the technology on the market.For his achievements,he has now been awarded a place in the"Hall of Fame"of the American trade journal American Metal Market. In the past century ...
Tags: Irving Rossi, Concast, Hall of Fame, technical innovations
Turkey's exports of steel and steel products including such specific materials as pipe amounted to USD 14.32 billion in the first 11 months of this year an increase of 3.09% over the same period a year ago suggesting an end of 2012 target ...
Tags: steel, steel products, specific materials pipe, Turkish steel