On July 22, the Indian industry body ASSOCHAM has suggested the Indian Finance Ministry should review its budget proposal to increase the royalty rate on iron ore from 10 percent to 15 percent with a view to maintaining cost competitiveness ...
Tags: iron ore, domestic industry, Mineral
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
German plantmaker SMS Meer has announced that it will supply a semi-continuous billet mill for Formosa Ha Tinh Steel, the new integrated steel plant Taiwan-based Formosa Group is building in Ha Tinh Province, Vietnam. The produced billets ...
Tags: Formosa Ha, Billet Mill, plantmaker
It is reported that Korea iron and steel enterprises planned to expand capacity and growth in end-user industries such as the automobile industry and raw materials demand in 2014.Therefore, the country expected both domestic demand and ...
Tags: steel, metallurgy
Irvan K.Hakim, the president director of state-owned steel producer PT Krakatau Steel, said yesterday that the newly inaugurated integrated steel plant Krakatau-Posco will launch production in the beginning of 2014. Krakatau-Posco, a ...
Tags: steel, metallurgy
POSCO Engineering & Construction (POSCO E&C) announced Tuesday that it signed a US$600 million contract for a steel mill project with Brazil-based Companhia Siderúrgica Suape (CSS) in its Songdo office in Incheon. The project is ...
Tags: POSCO E&C, sign, million, contract, Companhia Siderúrgica Suape
The South East Asia Iron and Steel Institute (SEAISI) said today, October 28, that the ASEAN (Association of Southeast Asian Nations) region is a significant net importer of steel products, pointing out that the region is not ...
Tags: Steel Plant, Mineral
Krakatau Posco, the joint venture built by the Korean steelmaker Posco and Indonesia-based state-run steel company PT Krakatau Steel has started producing coke in Indonesia in early October. It’s known that the Posoc and PT Krakatau ...
Tags: steel, Construction
South Korean steelmaker POSCO has announced that Krakatau POSCO, its joint venture with Indonesia-based state-run steel company PT Krakatau Steel, began manufacturing coke in early October. In October 2010, POSCO came together with PT ...
Tags: Metallurgy, Mineral, Energy
Global steel giant ArcelorMittal announced that it has decided not to continue its planned construction of an integrated steel plant and a captive power plant in Odisha State, India. ArcelorMittal's initial planned construction since ...
Tags: Construction, steel
It's reported that Korean steel giant Posco has announced to cancel its INR 32,000 crore integrated steel plant project in Karnataka due to protract delay in acquisition of land and no potential market favor at current position. Meanwhile, ...
Tags: Construction, Packaging
Voestalpine, an Austrian international successful corporation has signed MOU with AHMSA who is the largest integrated steel plant in Mexico in extraction of coal and iron ore along with producing hot rolled coil, wide plate, cold rolled ...
Tags: HBI, steel, Construction&Decoration
Jindal Steel and Power Ltd. (JSPL),an Indian steel and energy company based in New Delhi, India has commissioned SMS Siemag to install two of 250 tons basic oxygen furnace(BOF) converter shop along with secondary metallurgy facility and gas ...
Tags: steel, Jindal Steel
India-based steelmaker Jindal Steel and Power Ltd. (JSPL) has ordered a basic oxygen furnace (BOF) converter shop including a secondary metallurgy center and comprehensive environmental technology from the German plantmaker SMS Siemag, as ...
Tags: Jindal Steel, Steel
Reportedly, unionized workers at Altos Hornos de Mexico, S.A. de C.V. (AHMSA), the largest integrated steel plant in Mexico, have accepted a 6% increase in pay following collective contract negotiations. The agreement was negotiated ...
Tags: AHMSA, steel plant, steel