It’s reported that Germany’s steelmaker Salzgitter announced to hike its prices for steel flat products by €30/ton, effective from September 1st, driven by higher input costs and better demand. Salzgitter stated that ...
Tags: steelmaker, Salzgitter
The Russian steelmaker NLMK announced its financial result for the second quarter and the first half of 2013. NLMK posted a net profit of US$34 million for the second quarter, falling by 87.8% year on year. Its sales revenues totaled ...
Tags: steelmaker, Mineral
On August 16, Jiangsu Province-based Chinese steelmaker Shagang Group issued its financial results for the January-July period of the current year. Accordingly, Shagang achieved a sales revenue of RMB 132.83 billion ($21.74 billion) in ...
It’s reported that Indian steelmaker Steel Authority of India Limited (SAIL) released its financial result for the first quarter of the financial year 2013/14 ended on June 30th. In the first quarter of the fiscal year 2013/14, ...
Tags: steelmaker, SAIL
It’s reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for steel wires and bars for October and November. Industry source said that CSC might remain its list prices ...
Tags: Steel Bar, Steel Wire
The opening ceremony of POSCO Assan TST, the Turkey-based stainless steel producing joint venture of South Korean steelmaker POSCO, Turkey's Kibar Holding and Daewoo International has been held on August 15. Posco Assan TST, which will ...
Tags: Annual Exports, Mineral
According to its financial results according to US GAAP (Generally Accepted Accounting Principles) for the second quarter and the first half of 2013, Russian steelmaker NLMK registered a net profit of $34 million in the second quarter, ...
Tags: steel sales, Mineral
Russian steelmaker Severstal has announced that its Cherepovets steel mill increased its steel supplies to building contractors in Russia to 1,635,000 mt in the first half of 2013, up 17 percent compared to the same period of 2012. ...
Tags: Severstal, Steel Supplies
Turkey's largest integrated steelmaker Erdemir announced that its chairman and deputy managing director Fatih Tar has resigned. Erdemir deputy chairman Nihat Karadag will become deputy managing director. Nihat Karadag previously held the ...
Tags: Turkish Market
On August 14, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced that in the first seven months this year its costs for purchases of steelmaking raw materials indicated an 11.92 percent ...
Tags: Steelmaking Raw Material
Russian steel pipe and railway wheel producer Vyksa Steel Works, a part of Russia-based OMK Group, has successfully completed field tests of large diameter (LD) pipes made from wide flat products at its heavy plate mill 5000, which ...
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It’s reported that the Chinese steelmaker Baosteel said that it has signed a contract to supply a 2,030mm cold rolled (CR) continuous annealing furnace for its new iron and steel base in Zhanjiang. The designed annual production ...
Tags: Baosteel, CR Annealing Furnace
It’s reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced that its sales volumes of carbon steel products totaled 767,788 tons in July, increasing by 4.3% month on month. Among them, 67% were sold ...
Tags: Carbon Steel
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that in the first half of the current year its net profit amounted to RMB 69.01 million ($11.27 million), up 18.3 percent year on year, while its operating ...
Tags: steelmaker, Xining Special Steel
India-based state owned steelmaker Steel Authority of India Limited (SAIL) has announced that the country's largest blast furnace has become operational at its Rourkela steel plant. According to SAIL's statement, the blast furnace will ...
Tags: Rourkela Plant