Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that it has received official approval from the Hubei provincial government for the transfer, free of charge, of the 22.4 percent stake in ...
Tags: WISCO, Echeng Steel
On May 13, Shandong Province-based Chinese steelmaker Shandong Iron and Steel Group Co. announced that it is planning its second issue of medium-term notes for the current year, with the notes in question valued at RMB 3 billion ($487.8 ...
Tags: Shandong Steel Group, Mineral
According to Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group, on May 8 its subsidiary Chengde Steel signed a strategic cooperation agreement with South Korean-based Daewoo International Corporation for the supply of flat ...
Tags: Chengde Steel, Mineral
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for June. Industry sources predicted that CSC might cut its list prices for EF Al-killed wire ...
Tags: CSC, Wire Rod Prices
It is learned that Brazil’s steelmaker Gerdau produced 4.4 million tons in the first quarter of this year which means a decrease of 11% compared to the same period last year. According to the company, the reduction reflects its ...
Tags: steelmaker, Gerdau
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the financial year 2012-13 ended March 31, posting a net loss of JPY 124.6 billion ($2.2 billion), ...
Hebei Province-based Chinese steelmaker Qian'an Iron and Steel Co. (Qiangang), a subsidiary of Beijing-based Chinese steelmaker Shougang Co., has become the main supplier of electrical steel to Jiangsu Province-based WEG Nantong Co., which ...
Tags: Electrical Steel, Mineral
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced that it is targeting cost cuts of $3 billion by the end of 2015. As of March this year, the company had achieved $200 million in cost improvements. According to ...
Tags: Arcelormittal, Mineral
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has officially opened its first seaport, Wugan port, in Zhoushan in China's Zhejiang Province, as reported by local media. WISCO contributed 51 percent of ...
Tags: Mineral, steelmaker
Xinjiang autonomous region-based Chinese steelmaker Xinjiang Kingtec Steel Co., a subsidiary of state-owned company Xinjiang Cathay International Group, has received approval from China's National Development and Reform Commission for the ...
Tags: Xinjiang Kingtec Steel, Mineral
German steelmaker Salzgitter has announced an adjustment of its guidance for the current year, now expecting a pre-tax loss for the year due to higher raw material and energy costs. Salzgitter also said that the anticipated seasonal upturn ...
Tags: Salzgitter, Raw Material
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its Yanshan iron ore mine produced 147,500 mt of iron ore concentrate in April of the current year, exceeding the target for the given month by 12,500 mt ...
Tags: Mine Produces, Iron Ore
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan has informed its customers to release leeway in May. It’s learned that CSC postponed releasing leeway into Taiwanese market in April in order to lower the pressure of ...
Tags: China Steel Corp, Steel
In April this year, Ukrainian steelmaker Zaporizhstal's finished steel product output increased by 2.9 percent to 269,000 mt, while its crude steel production increased by 1.6 percent to 320,100 mt, both year on year, according to the ...
Tags: Zaporizhstal, Mineral
Anhui Province-based Chinese steelmaker Ma'anshan Iron and Steel (Masteel) has announced that plans to issue medium-term notes worth RMB 1 billion ($161 million) on May 10. The period of issuance of the medium-term notes is three years, ...
Tags: Masteel, Medium-Term Notes