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Hebei Iron and Steel Group to Increase Shareholding in Swiss-Based Duferco
Sep 17, 2014Chinese steelmaker Hebei Iron and Steel Group is said to be considering increasing its 10 percent shareholding in Swiss-based Duferco International Trade Holding, the world's biggest steel trader, as SteelOrbis has heard. The exact amount ...
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ArcelorMittal and Gerdau ave entered into a definitive transaction agreement to sell their
Sep 16, 2014Global steel giant ArcelorMittal and Brazilian steelmaker Gerdau have jointly announced that they have entered into a definitive transaction agreement to sell their respective 50 percent interests in Gallatin Steel Company (Gallatin) to ...
Tags: Gallatin Steel, Nucor, ArcelorMittal
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Hebei Iron and Steel Group Has Signed a MoU for The Joint Venture Steel Project
Sep 16, 2014Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced on September 12 that it has signed a memorandum of understanding (MoU) for the establishment of a high-volume joint venture steel project in South Africa together ...
Tags: Large Steel, Iron, Steel
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Tangshan Iron and Steel Exported 2.7003 Million Mt of Finished Steel
Sep 16, 2014Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the January-August period of the current year its subsidiary Tangshan Iron and Steel Co. (Tangsteel) exported 2.7003 million mt of finished steel, up ...
Tags: Finished Steel, Iron, Steel
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Lucchini Has Received a New Binding Offer From Indian Steel Producer JSW Steel
Sep 16, 2014On the evening of Thursday, September 11, Italian steelmaker Lucchini informed SteelOrbis that it has received a new binding offer from Indian steel producer JSW Steel for its core assets in Piombino, Tuscany and is currently considering ...
Tags: JSW Steel
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CNS Will Have to Pay BRL 4 Billion to Revenue Service Receita Federal as Unpaid Taxes
Sep 10, 2014Brazilian steelmaker Companhia Siderurgica Nacional (CSN) will have to pay BRL 4 billion (US$1.78 billion) to the country's revenue service Receita Federal as a result of unpaid taxes. According to the nation's fiscal council Carf, CSN ...
Tags: Metallurgy, Mineral, Energy
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Russian Steelmaker NLMK's Steel Product Shipments by Railway Declined by 1%T Year on Year
Sep 9, 2014Russian steelmaker NLMK has announced that in the January-August period this year its overall shipments of steel products by railway declined by one percent year on year to 7.65 million mt. In the given period, shipments by railway to the ...
Tags: Metallurgy, Mineral, Energy, Steel, Steel Product
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The Focus of The Talks Held by Jsw Steel Chairman Was The Issue of Industrial Policy
Sep 9, 2014Matteo Renzi, Italian prime minister, and Enrico Rossi, president of the region of Tuscany, held talks at the weekend with JSW Steel chairman Sajjan Jindal, as the Indian giant considers investing in some of the country's steel assets. The ...
Tags: Metallurgy, Mineral, Energy, Steel
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Baogang Registered an Operating Revenue of RMB 14.672 Billion in The First Half of 2014
Aug 29, 2014Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) has announced that in the first half of the current year it registered an operating revenue of RMB 14.672 billion ($2.38 billion), down 23.70 percent year on year, ...
Tags: Baogang, steelmaker
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Shagang Co. Has Stated That in The First Half of The Current Year
Aug 28, 2014Jiangsu Province-based Chinese steelmaker Shagang Co. has stated that in the first half of the current year it achieved an operating revenue of RMB 5.302 billion ($0.86 billion), up 2.75 percent year on year, while it recorded a net profit ...
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NLMK Kaluga Has Stated That It Has Produced Its One Millionth Metric Ton of Steel
Aug 27, 2014NLMK Kaluga, a subsidiary of Russian steelmaker NLMK Group and producer of long steel products for construction, has stated that it has produced its one millionth metric ton of steel. NLMK Kaluga is a next-generation EAF mill, part of ...
Tags: NLMK Kaluga, Steel, Metallurgy
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Fujian Sangang Issued Its Financial Results for The First Half of The Current Year
Aug 27, 2014Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. issued its financial results for the first half of the current year on August 25, announcing a net loss of RMB 43.1284 million ($7.01 million) compared to a net loss of RMB ...
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BlueScope Steel Has Posted a Net Loss of AU$82.4 Million for The Financial Year 2013-14
Aug 26, 2014Australian steelmaker BlueScope Steel has posted a net loss of AU$82.4 million for the financial year 2013-14 ended on June 30, narrowing down from a net loss of AU$107.1 million in the previous financial year, due to increased spreads and ...
Tags: BlueScope Steel, Loss, Metallurgy
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Baosteel Has Issued Its Financial Report for The First Half of The Current Year
Aug 26, 2014Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
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Voestalpine Has Signed Another Agreement with Mexican Steelmaker AHMSA
Aug 25, 2014Austria-based steel producer voestalpine has announced that it has signed another agreement with Mexican steelmaker Altos Hornos de México (AHMSA) for the supply of 400,000 mt of hot briquetted iron (HBI) produced in Texas. ...
Tags: steel producer, voestalpine, Metallurgy
