Finland-based stainless steelmaker Outokumpu has announced an update on its strategy, and also announced the expansion of its efficiency programs as well as the expected achievement of its €200 million synergy targets in 2015, two ...
Tags: Outokumpu, stainless steelmaker
Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of the current year, indicating that stainless steel demand continued to recover and base prices increased moderately in both Europe ...
Tags: Outokumpu, Announce, Financial Results
Warren Steel is asking Ohio regulators for an electricity rate discount the company says could allow it to attract "strategic partnerships" and reopen its Warren steelmaking plant that was shut in late March. Warren is the latest in a ...
Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has commissioned its steel melt shop-2 continuous caster complex. The new caster complex will enable ...
Tags: steel, metallurgy
Austria-based plantmaker Siemens Metals Technologies has announced that the billet caster supplied to Armenia-based ASCE Group OJSC commenced operations at the Charentsavan works in August. The two-strand caster is designed for annual ...
Tags: Steel Mill, Billet Caster
Industries Qatar, the parent company of Qatar Steel, has announced its financial results for the first nine months of the current year, reporting a consolidated net profit of QAR 6.3 billion ($1.73 billion), down 4.8 percent year on year. ...
Tags: Steel, Metallurgy, Mineral
Russian steel mill, Rostov Steelworks (REMZ) announced that it will shut down its melt shop for maintenance around ten days in November. Traders said that it will have no allocation for export during the maintenance. The mill produces about ...
Tags: steel, Construction
On Tuesday, the US Department of Labor's Occupation Safety and Health Administration (OSHA) said that Ohio-based SBQ producer Republic Steel was cited for 24 safety violations carrying fines of $1,138,500. Fifteen willful violations of ...
Tags: Republic Steel, Safety Violations
According to the latest ‘Stainless Steel Report August 2013' issued by Germany-based service center Damstahl, in the first five months of the current year European stainless crude steel production dropped around three percent year on ...
Tags: Stainless Steel Market
Global steel giant ArcelorMittal has announced that it will restart the expansion project at its Monlevade and Juiz de Fora sites in Brazil, which will increase production capacity from 3.75 million mt to 4.9 million mt per year. The ...
Tags: steel giant, ArcelorMittal
Canton, Ohio-based special bar quality (SBQ) steel producer Republic Steel said late Monday that it experienced a failure at the transformer that supplies power to the #7 Furnace in the Canton, Ohio melt shop on Friday, August 2, 2013. ...
Tags: Republic Steel, Ohio Plant
Europe’s stainless steel output totaled 2 million tons in the first quarter of this year, increasing by 20% from a quarter ago and rising by 3% year on year, according to statistics released by the Germany-based service centre ...
Tags: Stainless Steel Output, Mineral
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the first quarter of 2013. In the first quarter, Kardemir posted a net profit of TRY 47.65 ...
Tags: Kardemir, long steel producer, long steel
It is reported that ArcelorMittal South Africa (AMSA) announced to re-commission for the basic oxygen converters at its Vanderbijlpark works in South Africa. The plant has been temporary suspended due to firs incident on February 9 this ...
Tags: Arcelormittal