It’s reported that Indian steelmaker Steel Authority of India Limited (SAIL) released its financial result for the fourth quarter and full fiscal year 2012/13 ended on March 31st. In the fourth quarter, SAIL posted a net profit of ...
Tags: SAIL, Net Profit
It is learned that Japanese steelmaker Kobe Steel is to shut down a blast furnace and other upstream equipment at its Kobe Works plant in western Japan in the financial year 2017-18. The decision came after the announcement of ¥ 50.2 ...
Tags: Kobe Steel, Blast Furnace
It is reported that NLMK, the Russian steelmaker announced that starting 30th May, it is idling its blast furnace No. 3. The furnace which is situated at a site in Lipetsk has an annual capacity of 1.3 million tons of production. The blast ...
Tags: NLMK, Blast Furnace
NLMK Kaluga in their hot testing of its electric arc furnace and rolling shops has cast their first metric ton of steel. NLMK Kaluga which is a subsidiary of Russian steelmaker NLMK Group will start production of rebar and sections on an ...
Tags: NLMK Kaluga, Test Production
China Steel Corp (CSC), the largest carbon steelmaker in Taiwan announced that its cold rolling and coil-coating project in Vietnam will start to produce in the third quarter of 2013. This plant which owns annual capacity of 1.2 ...
Tags: CSC, Steel, Construction&Decoration
Austrian steelmaker voestalpine has announced that it has received significant interest from potential customers for the sponge iron to be produced at its direct reduction plant planned to be built just outside the city of Corpus Christi, ...
Tags: raw mat, USA, Mexico, North America, steelmaking, Voestalpine, Istanbul
Japanese steelmaker Kobe Steel has announced that, to increase the competitiveness of its steelworks, it has decided on large-scale investments including a new hot-metal treatment plant, a new heat treatment furnace for steel plate, and ...
Tags: Japan, Far East, investments, steelmaking, Kobe Steel, Istanbul
Hebei Province-based Chinese steelmaker Shougang Jingtang Co., a subsidiary of Beijing-based Chinese steelmaker Shougang Co. is expected to record a net loss of over RMB 1 billion ($163 million) for 2012, as reported by China Business News. ...
Tags: Metallurgy, Mineral, Energy, steel
Indian steelmaker JSW Steel is considering acquiring coal mines in Africa, the US and Canada, according to India-based news agency Press Trust India (PTI). A JSW Steel official stated that the company needs to own mines to reduce costs, ...
Tags: Metallurgy, Mineral, Energy, Coal Mines
It’s reported that China Steel Corp. (CSC), the largest carbon steelmakers in Taiwan is going to release its price policy for July and August. Industry sources predicted that CSC might cut its prices by US$30~US$40/ton for July ...
Tags: CSC, Taiwan, Construction
Global steelmaker headquartered India Tata Steel has just posted its Q4 performance for its consolidated unites, which is better than earlier expected by market watchers. For the period in question, Tata Steel’s consolidate steel ...
Tags: Construction, steel
Reportedly, Posco is largest steelmaker in South Korea, planned to develop a new 300,000 metric ton/year cold-rolle non-grain-oriented electrical steel sheet plant at Vile Bhagad in the Raigarh district of western India's Maharashtra state. ...
Tags: Construction, Metallurgy, Mineral, Energy
Shandong Province-based Chinese steelmaker Rizhao Steel Holding Group Co. has announced that on May 23 its high-speed wire rod project No. 3 in Yingkou in Liaoning Province successfully underwent a hot run test and produced its first batch ...
Tags: longs, China, Southeast Asia, production, steelmaking, Shanghai
Mika Seitorvita, CEO of Finnish steelmaker Outokumpu, has stated that the bids received so far for its Italian asset Acciai Speciali Terni (AST) do not meet the expectations of the Finnish company. "The bids Outokumpu has received so far ...
Tags: Italy, steelmaking, Outokumpu, European Union, Brescia
Aosta, Italy-based steelmaker Cogne Acciai Speciali (CAS) has announced it it will supply stainless steel products, mainy ribbed bar Concrinox, worth $6 million for the construction of a new bridge between Hong Kong and Macao. The Hong ...
Tags: stainless, Italy, steelmaking, European Union, Brescia