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Kardemir's Net Profit Decreases During Jan-Sept

Nov 12, 2013

Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the third quarter and the first nine months of 2013. In the third quarter, Kardemir recorded a ...

Tags: Turkish, Kardemir, net profit, plunge

Germany's Crude Steel Output Rise by Two Percent to 3.76 Million Metric Tons in October

Nov 12, 2013

In October this year, Germany's crude steel output increased for the second straight month year on year, rising by two percent to 3.76 million metric tons, and also increasing by 4.15 percent compared to September, according to the ...

Tags: German, crude steel, output, up

ArcelorMittal South Africa Reported Net Profit of ZAR 248 Million in The Third Quarter

Nov 12, 2013

Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the third quarter and the first nine months of the current year, reporting a net profit of ZAR 248 million ($23.9 million) in the third ...

Tags: ArcelorMittal, South Africa, financial results, profit

US Steelmaker Nucor Is Raising Rebar Prices by $10/St

Nov 11, 2013

US steelmaker Nucor said late Tuesday that it is raising rebar prices by $10/st. The increase is half that announced Friday by competitor Gerdau Long Steel North America, raising questions in the market about whether the earlier increase ...

Tags: steelmaker, rebar, steel, ferrous shredded scrap, raw material

Gerdau Long Steel North America Announced to Hike Its Steel Wire Product Prices

Nov 6, 2013

It's reported that Gerdau Long Steel North America announced to hike its steel wire product prices by US$30/short ton, effective from November 4th. However, the current prices will be still applied for the orders delivered before November ...

Tags: Steel, Construction, Steel Wire

Taiwanese Feng Hsin Has Announced Its Third-Quarter Financial Report Recently

Nov 6, 2013

Feng Hsin, one of the major electric furnace mills and the major long steel products makers in Taiwan has announced its third-quarter financial report recently. According to its report, the company's gross profit rate has increased from ...

Tags: taiwan, steel, Construction

Tangshan Iron and Steel Exported 528,900 MT of Long Steel Products During The Jan-Oct

Nov 5, 2013

On November 4, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that during the January-October period this year its subsidiary Tangshan Iron and Steel Co. exported 528,900 mt of long steel products, hitting a ...

Tags: Metallurgy, Mineral, Energy, steel

Turkey's Steel Imports Totaled 1.42 Million Mt, Increasing by 32 Percent in September

Nov 5, 2013

According to the data announced by the Turkish Iron and Steel Producers' Association (TCUD), in September this year Turkey's steel imports totaled 1.42 million mt, increasing by 32 percent year on year, while the value of these imports rose ...

Tags: Metallurgy, Mineral, Energy

Grupo Collado Announced Net Sales Fell by 9 Percent in The Third Quarter of 2013

Nov 4, 2013

Mexican service center operator Grupo Collado announced this week that net sales fell by 9 percent in the third quarter of 2013 in comparison with the corresponding period last year, as a result of lower steel prices. Sales revenues ...

Tags: Metallurgy, Mineral, steel

JSW Steel's Financial & Operational September Quarter Results Posted $18.7mn INR Net Loss

Nov 1, 2013

Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the second quarter ended September 30 of the financial year 2013-14, posting a net loss of INR 1.15 billion ($18.7 million), compared to a net ...

Tags: steel, Metallurgy, Mineral

Shigang Exported 251,000 Mt of Finished Steel in The First Three Quarters of The Current

Oct 31, 2013

On October 30, major Chinese steelmaker Hebei Iron and Steel Group announced that its Hebei-based subsidiary Shijiazhuang Iron and Steel Co. (Shigang) exported 251,000 mt of finished steel in the first three quarters of the current year, up ...

Tags: Metallurgy, Mineral, Energy, steel

MMK Group Totaled 2.874 Million Mt, Down Seven Percent Compared to The Q2 of The Year

Oct 29, 2013

In the third quarter of the current year, the crude steel production of Russian steelmaker MMK Group totaled 2.874 million mt, down seven percent compared to the second quarter of the year, while its crude steel output in the first nine ...

Tags: Crude Steel Output, Mineral

Ezz Steel Has Announced Its Financial Results for The First Half of The Current Year

Oct 25, 2013

Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net profit of EGP 302 million ($43.8 million), compared to a net profit of EGP 82 million in the corresponding ...

Tags: Ezz Steel, Mineral

Italy's Steel Exports to Non-EU Countries Totaled 3.546 Million Metric Tons

Oct 21, 2013

In the January-August period this year, Italy's steel exports to non-European Union (EU) countries totaled 3.546 million metric tons, down by 9.2 percent, while its steel imports from non-EU sources totaled 4.868 million metric tons, up ...

Tags: Flat Steel, Metallurgy, Mineral, Energy

NLMK Released Its Production and Sales Result for The Third Quarter of This Year

Oct 21, 2013

It's reported that the Russian steelmaker Novolipetsk Steel (NLMK) released its production and sales result for the third quarter of this year. NLMK stated that its crude steel output totaled 3.897 million tons in the third quarter, up by ...

Tags: Crude Steel, Construction

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