South Korean steel maker POSCO has started construction on an automotive steel sheet plant in Thailand which is expected to be completed by 2016. The plant will be producing galvanized steel sheet for automotive applications and the plant ...
Tags: POSCO, Steel Sheet Plant, Accessories
Dongkuk Steel Mill Co., one of South Korea's leading steelmakers, plans to become a global supplier of high-end steel products as part of efforts to brush off tough competition with Chinese and Japanese rivals, South Korea's media said on ...
Tags: Metallurgy, Mineral, Steel
Brazil steel maker Companhia Siderurgica Nacional (CSN) plans to expand its presence in the domestic rebar market, local media reported on Tuesday. The company has just entered in the long products segment and is eyeing a 9 percent market ...
Tags: Rebar Market, steel maker
Brazil-based iron and steel maker Gerdau said Tuesday its proposed logistics and mining investments will enable the company to more than double iron ore production within the next six years, to 24 million mt/yr, from the current 11.5 ...
Tags: Iron Ore, steel maker
According to report, the Russian and Ukrainian steel maker continued to lift up the price as they mostly closed the booking for January. As the scrap prices and other commodities keep rising, as well as China cut the output for long lead ...
Tags: steel, metallurgy, HRC
It is reported that Germany steel maker Thyssen-Krupp announced to introduce a new auto supply plant in Chengdu city, Sichuan province, China. The company has invested approximately US$ 20 million of new plant and it will focus on springs ...
Tags: Thyssenkrupp, auto, auto supply
It is reported that Finland stainless steel maker Outokumpu announced to close in Germany Krefeld smelters plant. The last trading time is December 6th, 2013. Outokumpu said the smelting plant is closed annually 600,000 tons of smelting ...
Tags: stainless steel, Finland, Outokumpu, Krefeld smelters plant, close
Reuters reported that stainless steelmaker Aperam and the Italian stainless steel producers Arvedi and Marcegaglia, have stepped up on its bid for Outokumpu Italian steel mill, Terni as the seller, Outokumpu expressed that the bids they ...
Tags: Aperam, Arvedi, Marcegaglia, raise, bid, Outokumpu, Acciai
It is reported that a group led by stainless steel maker Aperam has up its bid for Outokumpu's Italian steel mill. Outokumpu which is looking to sell its Italian steel plant Terni so far sees all bids as too low. The consortium, including ...
Tags: Steel Mill, steel, Construction
Hyundai Steel, the second largest steel maker in Korea said on Thursday that it plans to merge with Hyundai Hysco Co's auto steel sheet making division. The merge is to cut costs and improve profitability said Hyundai Steel. The Board of ...
Tags: Steel, Construction
It’s reported that China Steel Corp. (CSC), the largest carbon steel maker in Taiwan is going to invest US$62.46 million to acquire 19% share in a ferroalloy project located in Malaysia. The project will produce ferromanganese of ...
Tags: CSC, Malaysian Project
UK steel maker, Severfield-Rowen, has announced to cut a 10% capacity as part of a reorganization at its Severfield-Watson Structures business. Severfield-Rowen is the largest structural steelwork fabricator in UK. The current annual ...
Tags: UK, Construction&Decoration, steel maker
Reportedly, Peruvian firm Aceros Arequipa announced to begin a trial testing of its new rolling mill at its Pisco plant. The company has acquired a new hot rolling mill in April this year but there was no any further detail of the operation ...
Reportedly, Bulgarian Stomana Industry of Greece Sidenor Group, announced to sign an agreement with Japanese special steel maker Daido Steel in order to develop its special bar quality (SBQ) existing business. However, the company planned ...
Tags: Stomana, Daido Steel, SBQ
It is reported that Iranian President Mahmoud Ahmadinejad this week in the opening ceremony of the coke production facility of Isfahan's Mobarakeh Steel Mill, which is said to be Middle East's largest coke production plant with an annual ...
Tags: Steel, Metallurgy, Mineral, Energy