Milan-based investigating Fabrizio D'Arcangelo has accepted a request made by Piero Gnudi, special commissioner for Taranto-based Italian steelmaker Ilva, to free up and transfer €1.2 billion to the Italian company. The funds in ...
Tags: Fabrizio D'Arcangelo, Request, Energy
Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in September this year its carbon steel sales volume amounted to 838,719 metric tons, rising 1.21 percent compared to August and accounting for 65 percent of ...
Russian steelmaker NLMK has announced that it has completed the upgrade of its continuous wide-strip hot rolling mill 2000 at Liptesk with a capacity of 5.7 million mt of rolled steel per year. The project included an upgrade of the ...
On October 29, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first nine months of the current year. Accordingly, Masteel's operating revenues for the period in question ...
Tags: Maanshan Iron and Steel, Results, Energy
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for the first nine months of the current year, posting an operating revenue of RMB ...
Tags: Chongqing Iron and Steel, Results, Energy
South Korean steelmaker POSCO has announced that it has broken ground for its continuous galvanizing line (CGL) to produce quality galvanized steel sheet for automotive applications in Rayong Province, Thailand. The new line with an annual ...
Tags: POSCO, Continuous Galvanizing Line, Energy
Russian steelmaker NLMK has stated that it has started hot testing a unique environmental complex - a biochemical waste water treatment facility at coke and chemical operations at the Lipetsk production site. Total investment in the ...
Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the first half ended September 30 of the financial year 2014-15, posting a net profit of INR 15.6 billion ($254.4 million), compared to a net ...
On October 22, Kunming, Yunnan Province-based Chinese steelmaker Kunming Iron & Steel Holding Co. (Kunming Steel) announced that it will issue its first ultra short-term bonds for the current year on October 23, worth a total of RMB 500 ...
Tags: Kunming Steel
To keep up with brisk growth, Rechi Precision Co., Ltd., world's fourth-biggest supplier of compressors for air conditioners by shipment, has stepped up output expansion across Taiwan and China. Recently its board approved an ...
Tags: air conditioners, compressors
Indian state-owned steelmaker Steel Authority of India (SAIL) has announced that it has commissioned the new sinter machine and the coke oven battery No. 11 at its Bhilai steel plant. According to SAIL, these two units are critical ...
Tags: Coke Oven Battery, Sinter Machine
Argentinian steelmaker Techint is accusing Japanese-based Nippon Steel of orchestrating a move that could completely alter the control of Brazil’s Usiminas, according to a media report. The move began with the “unilateral ...
Tags: Techint, Nippon Steel, steelmaker
Algerian food processor Cevital has filed a binding bid to acquire Lucchini's steelmaking plant in Piombino in Italy's Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero ...
Tags: food processor, Algerian Group
Belarus-based Byelorussian Steel Works (BMZ) has stated the electric arc furnace-1 at its Electric Steel Melting Shop-1 has produced its 15 millionth metric ton of steel, as the thirtieth anniversary of the foundation of BMZ approaches. ...
Tags: Steel Works, Mineral
In the third quarter of the current year, the crude steel production of Russian steelmaker MMK Group totaled 3.381 million mt, down 0.3 percent compared to the second quarter of the year, while its crude steel output in the first nine ...
Tags: Crude Steel, Crude Steel Output