Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
Finland-based steelmaker Ruukki has issued its financial results for the first quarter of the current year, stating that it expects demand for steel to pick up slightly in 2014. Nevertheless, demand growth will continue to be limited by ...
Tags: Steel Demand, Ruukki
According to data released by the China Iron and Steel Association (CISA) on April 24, as of the end of March (March 31), the composite steel price index (CSPI) for the Chinese domestic market was at 94.83 points, down 1.63 points or 1.69 ...
Tags: Composite Steel, Iron, Steel
Evraz ZSMK, a Siberian steel division of steel and mining group Evraz, has announced that in the first three months this year it shipped 1.62 million mt of rolled steel products by railway, up 7.3 percent compared to the same period of last ...
Tags: Rolled Steel, steel, mining
Ukrainian mining and steel producing group Metinvest has announced that its sales channel in Ukraine, Metinvest-SMC, has opened a retail warehouse in Kharkiv, one of the largest steel consuming regions in the country. The company already ...
Tags: Metinvest, mining, steel producing
Russian steelmaker Novolipetsk Steel (NLMK) has announced its production and sales data for the first quarter of the current year. According to the company statement, NLMK's crude steel output in the first quarter decreased to 3.91 million ...
Tags: Crude Steel, steelmaker
Japanese steelmaker Kobe Steel has announced that it has commissioned the new hot treatment plant at its Kakogawa works, aiming to improve the production system to increase sales of high-end steel products and improve cost competitiveness. ...
Tags: Kobe Steel, steelmaker
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2013 according to International Financial Reporting Standards (IFRS). In 2013, MMK saw a net loss of $2.429 billion compared to a net ...
Tags: steel producer, Steel Works
Sri Madhusudan, managing director of Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), has said that the company has an ambitious plan to achieve a turnover of around INR 200 billion ($3.3 billion) in the ...
Tags: Metallurgy, Mineral, Energy, Steel
On April 18, the China Iron and Steel Association (CISA) announced that in early April (Apr. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.747 million mt, up ...
Tags: Crude Steel, Iron, Steel
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), in the first two months of 2014 total EU steel exports fell almost six percent year on ...
Tags: Steel Exports, flat products
In March this year, Moldavian Metallurgical Works (MMZ), a steelmaker based in the Transnistrian region of Moldova, produced 31,903 mt of crude steel and 35,033 mt of rolled products, including 21,041 mt of reinforcing bars and 13,992 mt of ...
Tags: Crude Steel, Steel, Metallurgy, Mineral, Energy
South Africa's primary carbon and alloy steel product imports (excluding semi-finished steel, stainless steel and drawn wire) amounted to 130,543 mt in February this year, increasing by 41.7 percent compared to January and up 11.2 percent ...
Tags: Carbon, Alloy Steel
US service center inventories of steel products contracted in March, while Canadian steel inventories rose to their highest level since June 2013, according to Metals Service Center Institute data published Tuesday. At the end of March, ...
Tags: steel products, steel shipments
The US Department of Commerce (US DOC) has announced its final affirmative decision regarding the antidumping duty (AD) investigation of imports of diffusion-annealed, nickel-plated flat rolled steel products from Japan. Accordingly, the ...