Speaking at the 48th annual meeting of worldsteel (World Steel Association) held in Moscow on October 6, Hans Jürgen Kerkhoff, chairman of the worldsteel Economics Committee said that with a seven percent negative GDP growth expected ...
Tags: steel demand, real estate sector
AK Steel announced Monday that it has reached a three-year agreement with the United Steelworkers Local 169 for workers at its Mansfield, Ohio plant. “We are pleased to have reached a new labor agreement at our Mansfield Works ahead ...
UAE-based steel producer Emirates Steel Industries (ESI) has announced its financial results for 2013, stating that its sales revenues amounted to AED 6.5 billion ($ 1.8 billion), almost eight percent higher than 2012, despite sluggish ...
Tags: steel producer, steel
Global steel industry is growing in business, according to the Financial Times. Europe will lead the recovery of global steel. The rest of the world will also contribute to the steel growing even though China’s steel industry is ...
Tags: steel, business opportunity, ThyssenKrupp, Financial Times
China will encourage Chinese steel enterprises suffering from overcapacity to transfer their businesses to overseas markets where the steel market is still very big, a top official was quoted in a statement published on the website of the ...
Tags: steel enterprises, steel industry
Although the US coal industry's 2014 earnings are expected to decline modestly as more lucrative contracts roll off and metallurgical coal prices remain low, the outlook for producers remains stable, Moody's Investors Service said in a ...
Tags: Coal Industry, metallurgical coal
At the 75th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris on December 5-6, the participants discussed the slow growth prospects in the global steel market, exchanged views on the effect ...
Tags: steel, metallurgy, OECD
Oman’s Anvwar Asian Investments (AAI) has settled with Ferrum Crescent to buy a 35% stake in Ferrum Iron Ore. AAI will pay Ferrum Crescent US$10 million for the shareholding and also invest USD 3.5 million to the Moonlight iron ore ...
Tags: Ferrum Iron Ore
Why did the significant growth observed in Turkish steel output following the 2008 economic crisis start to be replaced by reduced outputs this year? Will this declining trend in output slow down in the remainder of the year? After 2008, ...
Tags: Steel Output, Finished Steel
It is reported that IREPAS, International Rebar Producers and Exporters Association, has predicted that global rebar and wire rod demand is growing, with further growth also expected next year. Mr. Marti who was named as the new chairman of ...
West Chester, Ohio-based AK Steel said Friday that members of the United Steelworkers (USW) Local 1865 union have ratified an 18-month labor agreement covering more than 800 hourly production and maintenance steel operations employees at ...
Tags: AK Steel, USW Ratify Labor
On July 8th, the list of 2013 Fortune Global 500 Companies was released. Baosteel was ranked No. 222 with operating revenue of 45,682.7million USD and net profits of 918.8million USD. It had been consecutively ten years that Baosteel was ...
Tags: Metallurgy, Mineral, Energy, steel
Recently, Baosteel Group Co., Ltd. chairman Xu Lejiang and his retinue attends 2013 International Iron and Steel Association Council special session and Executive Committee 49th meeting held in Vienna, Austria. During the meeting, Xu ...
Tags: Metallurgy, Mineral, steel
Speaking at the International Steel Trade Day organized by STSG-Eurometal in Milan on April 4, Cesare Viganò, general manager of Italy-based CLN, presented his outlook for the steel market in 2013. The global steel industry has ...
Tags: Viganò, Mineral, Steel Trade
At the SteelOrbis 2013 Spring Conference & 68th IREPAS Meeting held in Doha on March 3-5, Phil Eglin from World Steel Dynamics (WSD) has said that the recent slowdown in Chinese steel demand is a result of the slowdown in fixed asset ...
Tags: steel demand, steel, Steel Dynamics