Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the first half ended September 30 of the financial year 2014-15, posting a net profit of INR 15.6 billion ($254.4 million), compared to a net ...
Algerian food processor Cevital has filed a binding bid to acquire Lucchini's steelmaking plant in Piombino in Italy's Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero ...
Tags: food processor, Algerian Group
International credit rating agency Standard & Poor's Ratings (S&P) has announced that a potential sale by Indian steelmaker Tata Steel of its European long steel products business and associated distribution activities is credit positive ...
Tags: steelmaker, Tata Steel
Indian steelmaker JSW Steel's joint managing director Seshagiri Rao has told CNBC TV18 that JSW Steel will import 10 million mt of iron ore this year, rising from the planned 6 million mt, "after having seen severe shortages in India and ...
Indian steelmaker Tata Steel has announced that it has opened a new finishing line at its IJmuiden steelworks in the Netherlands to strengthen the supply of high-value steels to the automotive sector and other markets. Tata Steel invested ...
Tags: Tata Steel, Automotive Steel
Austria-based plantmaker Siemens Metals Technologies announced today, July 14, that it has received an order from Indian steelmaker Tata Steel to modernize the secondary emission system in its LD2 shop in Jamshedpur. The aim of the ...
Tags: Tata Steel, Siemens Metals Technologies, Metallurgy, Mineral
Japan-based Daido Steel Co., Ltd has announced that it reached an agreement on July 9 to buy a 10 percent stake in Indian specialty steel producer Sunflag Iron and Steel Company Ltd for approximately JPY 1 billion ($9.87 million). ...
Tags: Daido Steel, Iron and Steel, Metallurgy, Mineral
Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the fourth quarter ended March 31 of the financial year 2013-14, posting a net profit of INR 4.62 billion ($78.4 million), up 40.8 percent year ...
Tags: JSW Steel, steelmaker
Germany-based plantmaker SMS Siemag has announced that it will revamp one of the two compact strip production (CSP) casters of the Indian steelmaker JSW Steel. The modernization of the CSP slab at the steelmaker's Dolvi steel plant in the ...
Tags: JSW Steel, Slab Casting
Indian steelmaker Essar Steel has announced that it is merging its steel processing center and distribution unit with Essar Hypermart, its retail chain for steel, in order to cut costs, expand its business reach and deliver products to ...
Tags: Essar Steel, steelmaker
Indian steelmaker Tata Steel has announced that it has commissioned the coke oven battery No. 11 at its Jamshedpur facility. With the commissioning of the new coke oven battery, the company will be self-sufficient in coke requirements for ...
Tags: Tata Steel, Coke Oven Battery
Indian steelmaker JSW Steel Limited has announced that it has commissioned the phase 1 of the cold roll mill No. 2 facility at Vijayanagar Works, Karnataka, consisting of a 2.3 million mt per year pickling line coupled with a tandem cold ...
Tags: JSW Steel, Cold Rolling Mill
Italian steel producer Lucchini is expected to shut down its blast furnace in Piombino on Wednesday, April 23, after trying to postpone the inevitable end by halting production on Friday, April 18 and using limited raw materials, according ...
Tags: steel producer, Blast Furnace
Indian steelmaker JSW Steel has announced that it has acquired a further equity stake in Punjab-based Vallabh Tinplate Pvt Ltd (VTPL), raising its stake to 50 percent. As SteelOrbis previously reported, in early April JSW Steel completed ...
Tags: Metallurgy, Mineral, Energy, Tinplate
Indian steelmaker JSW Steel has announced that it has acquired a 26 percent stake in Punjab-based Vallabh Tinplate Pvt Ltd (VTPL), fulfilling the customary closing conditions and third party consents. As SteelOrbis previously reported, in ...
Tags: Steel, Metallurgy, Mineral