International credit rating agency Fitch Ratings has affirmed mining company Samarco’s rating at BBB, with a stable perspective, it said recently. The rating is based on Samarco’s highly profitable operations, low-cost ...
Tags: Fitch Ratings, BBB, Energy
Ukrainian mining and steel producing group Metinvest has stated that the core production shops of its Yenakiieve Iron & Steel Works were hit by artillery on August 13. There were no casualties or significant damage to the plant. In order ...
Tags: Metinvest, Metallurgy, Mineral
In the first half of this year, world pig iron production amounted to 593.22 million mt, rising by 1.68 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for approximately 99 ...
Tags: Pig Iron, pig iron output, Mineral
Evraz ZSMK, a Siberian steel division of steel and mining group Evraz, has announced that has launched a pulverised coal injection unit for two of its blast furnaces. The unit's productive capacity amounts to 160 mt of pulverised coal fuel ...
Tags: Evraz ZSMK, blast furnace, Metallurgy, Mineral
Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. (Lingyuan Steel) has announced that it registered an operating revenue of RMB 7.245 billion ($1.17 billion), down 1.16 percent, seeing a net loss of RMB 269.76 million ...
Tags: Lingyuan Steel, Announce, Operating Revenue
Russian steelmaker Novolipetsk Steel (NLMK) has announced its production and sales data for the second quarter of the current year. According to the company statement, NLMK's crude steel output in the second quarter decreased to 3.774 ...
Tags: NLMK, announce, production and sales data
AK Steel announced Tuesday its financial results for Q2 2014, reporting a net loss of $17.1 million, compared to a net loss of $40.4 million for Q2 2013 and a net loss of $86.1 million for Q1 2014. Net sales for the second quarter of 2014 ...
Tags: AK Steel, blast furnace
According to its financial results according to US GAAP (Generally Accepted Accounting Principles) for the second quarter and the first half of 2014, Russian steelmaker NLMK registered a net profit of $158 million in the second quarter, ...
Tags: NLMK
ArcelorMittal Temirtau, the largest metallurgical enterprise in Kazakhstan, has stated that it intends to continue updating its production capacities. Accordingly, the construction of a gas cleaning system for converter No. 3 and ...
Tags: update, production capacities, Metallurgy, Mineral
Ukrainian mining and steel producing group Metinvest, due to the difficult situation in eastern Ukraine, has given details about the status of its production, raw materials supply and shipments of finished goods to customers as of July 31. ...
In the first five months of this year, world pig iron production amounted to 493.64 million mt, rising by 1.22 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for approximately ...
Tags: Pig Iron, pig iron production
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
Ukrainian miner and steel producer Metinvest Group has stated that it will invest around $1 billion in revamping of blast furnace # 4 at its subsidiary Azovstal Iron and Steel Works. On 15 May, the first upgrading and revamping activities ...
Tags: Blast Furnace, Azovstal
Turkish iron ore imports increased by 25% in the first quarter, on the back of higher blast furnace-based steel output and mills' restocking activity, according to statistics published this week. Data released by the Turkish Statistical ...
Tags: Iron Ore
In the first four months of this year, world pig iron production amounted to 393.83 million mt, rising by 1.65 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for approximately ...
Tags: Pig Iron, iron production