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Steel Producer
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Steel Prices in China Rise Mildly
Oct 12, 2016Steel prices in China, the world's biggest steel producer and consumer, rose mildly last week as market sentiment improved slightly but demand remained subdued, latest industry data showed. China's steel industry has long been plagued by ...
Tags: Steel
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Eastern China Ferrous Scrap Stable on Rising Price
Dec 28, 2015After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...
Tags: ferrous scrap, iron ore
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Shagang, Magang Cut Ferrous Scrap Buying Prices
Nov 17, 2015Jiangsu Shagang Group, China's biggest scrap buyer, cut buying prices Saturday for the raw material by Yuan 30/mt ($5/mt), in response to a slide in rebar prices, a company source said. After the adjustment, Shagang will pay Yuan ...
Tags: Ferrous Scrap, Rebar
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The Lecco Will Be Bought by a Partnership Between Feralpi and Duferco
Dec 22, 2014The Lecco, Italy-based wire rod mill of Italian steelmaker Lucchini will be bought by a partnership between Italian steel producer Feralpi and Swiss-based international trader Duferco which has production facilities in Italy, with both of ...
Tags: Wire Rod, steelmaker
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Voestalpine Has Announced That It Will Invest €140 Million Over Next Few Years
Oct 30, 2014Austrian steel producer voestalpine has announced that it will invest around €140 million over the next few years, constructing a new plant which will produce premium special steel products for the Chinese market. Construction is ...
Tags: Voestalpine, Invest, Energy
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SSAB Has Posted Its Financial Results for The First Nine Months of The Current Year
Oct 30, 2014Swedish specialty steel producer SSAB has posted its financial results for the first nine months of the current year, reporting a net profit of SEK 418 million ($56.9 million), compared to a net loss of SEK 849 million in the corresponding ...
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Severstal's Mining Subsidiary Vorkutaugol Has Commissioned Two New Faces
Oct 28, 2014Russian steel producer Severstal has announced that its mining subsidiary Vorkutaugol has commissioned two new cat the Troynoy and Chetvertiy seams at the Komsomolskaya mine. The 612-s face at the Chetvertiy seam is expected to see ...
Tags: Severstal, Two New Coal Faces, Energy
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Techint Accuses Nippon Due to The Unilateral Removal of Executives Appointed by Techint
Oct 22, 2014Argentinian steelmaker Techint is accusing Japanese-based Nippon Steel of orchestrating a move that could completely alter the control of Brazil’s Usiminas, according to a media report. The move began with the “unilateral ...
Tags: Techint, Nippon Steel, steelmaker
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Cevital Files a Binding Bid to Acquire Lucchini's Steelmaking Plant
Oct 22, 2014Algerian 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
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Nacionales and Metaldom Completed Their Merger
Oct 21, 2014Dominican steelmakers Industrias Nacionales (Inca) and Metaldom completed their merger, the companies said Wednesday, and will now be known as Gerdau Metaldom. According to Gerdau, which controls 79.97 percent of Inca, "the first ...
Tags: steelmakers, Mineral
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Australian Initiated an Ad Duty Investigation Against Rebar Imports
Oct 21, 2014The Australian Government Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation against rebar imports from South Korea, Malaysia, Singapore, Spain, Taiwan, Thailand and Turkey. The investigation ...
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Anyang Steel to Issue Short-Term Bonds Worth a Total of RMB 1 Billion
Oct 15, 2014Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that on October 16 it will issue short-term bonds worth a total of RMB 1 billion ($0.16 billion) for a term of 365 days. This will be the steel ...
Tags: Anyang Steel, Short-Term Bonds
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Kim Marti Said That The Key Risks to The Global Economy Should Be Closely Monitored
Sep 30, 2014Speaking at the SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting in Berlin, Kim Marti, international sales director of Spanish steel producer CELSA Group, said that the key risks to the global economy, such as geopolitical tensions ...
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Steelorbis 2014 Fall Conference & 71st IREPAS Meeting Got Underway in Berlin Today
Sep 30, 2014The SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting got underway in Berlin today, September 29, with the participation of almost 300 executives, including 82 representatives from 43 steel producer companies from a total of 21 ...
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Saarstahl Investing Euro;30 Million in The Complete Modernization of Wire Rod Mill
Sep 28, 2014Germany-based long steel producer Saarstahl has announced that it is investing €30 million in the complete modernization of its wire rod mill in Neunkirchen, aiming to secure market share in the premium quality sectors for customers in ...
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