Turkish specialty steel producer Asil Celik has announced that it has ordered a continuous casting machine from the Swiss plantmaker SMS Concast. The new casting unit is expected to be commissioned in early 2015. The new continuous ...
Indian state-owned steel producer Steel Authority of India Limited (SAIL) has announced its financial results for the third quarter and the first nine months ended December 31, 2012 of the Indian fiscal year 2012-13. Accordingly, in the ...
Tags: steel producer, Steel, Mineral
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced that it is carrying out hot run tests on two new heating furnaces as a part of the reconstruction of its hot rolling mill 2500. During the reconstruction of the ...
Tags: MMK, Hot Run Tests, Mineral
On February 7, Beijing-based Chinese steel producer Shougang Group announced that in January this year its subsidiary Shougang Cold Rolled Sheet Co., Ltd produced 180,800 mt of cold rolled products, 10,800 mt higher the production target ...
Tags: Cold Rolled Sheet, steel producer, cold rolled products
Egypt's largest steel producer EZZ Steel has denied media reports suggesting that the company is planning a capital increase to finance its direct reduced iron (DRI) project in Suez, underscoring that the project will continue to receive ...
Tags: EZZ Steel, steel producer, Suez DRI plant
Swiss plantmaker SMS Concast AG has announced that it will supply the first electric arc furnace to the Egypt-based long steel producer El Marakby Steel. The new furnace with an annual capacity of 350,000 mt will broaden El Marakby's ...
Tags: long steel, long steel producer
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter of 2012, ArcelorMittal South Africa registered a net loss of ZAR ...
Tags: Arcelormittal, South Africa, Mineral
The government of Algeria has decided to increase its control of local steel producer ArcelorMittal Annaba which was purchased by ArcelorMittal in 2001, according to domestic media reports. The Algerian government will pay $200 million ...
Tags: Algeria, Arcelormittal Annaba, Mineral
Madrid, Spain-based stainless steel producer Acerinox has announced that it will supply stainless rebars worth $15 million for the construction of a new bridge between Hong Kong and Macao, through its Malaysian subsidiary Bahru Stainless. ...
Tags: Acerinox, Stainless Rebar, Mineral
Finland-based steelmaker Ruukki Metals has announced that it will develop new iron pellet grades in cooperation with Russian company Karelsky Okatysh, a wholly-owned subsidiary of Russian steel producer Severstal. Ruukki uses iron ore ...
Tags: Ruukki, Iron Pellet Grades, Severstal
Ukrainian steelmaker Alchevsk Iron and Steel Works (Alchevsk), a subsidiary of Ukrainian steel producer Industrial Union of Donbass (ISD), has announced that in February this year its plans to cut its crude steel production by five percent ...
Tags: Alchevsk, Steel Product Output, Mineral
Reportedly, Chinese largest stainless steel producer Taigang Stainless announced to boost its stainless production by around 10% to 3.4 million tons in 2013, bring pressures to the Taiwanese steelmakers. It’s known that Taiwanese ...
Austria-based plantmaker Siemens Metals Technologies has announced that it will supply a new facility for the inline thermal treatment of heavy-duty rails for the Chinese steel producer Baotou Iron and Steel Co. (Baogang Group). The new ...
International credit ratings agency Moody's has announced that it has affirmed Russian steel producer NLMK’s Baa3 rating, with a stable outlook.The agency underscored that this decision reflects the global scale of the group’s ...
Tags: Moody, Metallurgy, company news
Luxembourg-headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced its financial results for the fourth quarter and the full year 2012. In the fourth ...
Tags: Aperam, finicial report, company news