First-quarter steel exports surged 40.7 percent to 25.78 million metric tons as mills responded to weak domestic demand and falling prices, the China Iron and Steel Association said on Wednesday. "Although domestic steel companies face ...
Tags: Steel Mills, steel exports
Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of the current year. Accordingly, in the second quarter Severstal registered a net loss of $661 million, compared to a net loss of ...
Tags: Russian steelmaker Severstal, announce, financial results
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the second quarter this year. In the second quarter, CSN registered a net profit ...
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the first quarter this year. In the first quarter, CSN registered a net profit of ...
Steel Dynamics, Inc. announced Wednesday first quarter net income of $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. By comparison, prior year first quarter net income was $48 million, or $0.21 per diluted share, on ...
Tags: Steel Dynamics, Midwest steel
Steel Dynamics Inc. announced Tuesday weak guidance for the first quarter of 2014, citing harsh winter weather that resulted in higher energy costs, transportation difficulties, and decreased production and shipments. The company expects ...
Tags: Steel Dynamics, metal
According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the fourth quarter and the full year of 2013. In the fourth quarter, CSN ...
Swedish specialty steel producer SSAB and Finland-based steelmaker Rautaruukki have announced that they have come to an agreement to combine the two companies through SSAB making a recommended public share exchange offer amounting to SEK ...
Steel Dynamics, Inc. provided fourth quarter earnings guidance Tuesday in the range of $0.21 to $0.25 per diluted share. The estimate compares to $0.25 per diluted share reported for the third quarter 2013 and $0.27 per diluted share ...
Tags: steel, metallurgy
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the third quarter of 2013. In the third quarter, CSN registered a net profit of ...
Steel Dynamics, Inc. announced Wednesday third quarter net income of $57 million, or $0.25 per diluted share, on net sales of $1.9 billion, compared to Q3 2012 net income of$13 million, or $0.06 per diluted share, on net sales of $1.7 ...
Tags: Metallurgy, Mineral, Energy, steel
Steel Dynamics Inc. (STLD) provided a third-quarter earnings outlook, with the top of the range in line with Wall Street expectations, as the steelmaker said it expects profitability from steel operations to increase from the second ...
Tags: Construction, steel
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
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the second quarter of 2013. In the second quarter, CSN registered a net income of ...
Tags: iron ore mining