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World crude steel production for the 64 countries reporting to the World Steel Association was 137.1 million tonnes in April 2020, a 13.0% decrease compared to April 2019. China produced 85.0 million tonnes of crude...

Posted By : Yogender Pancholi 11 hours ago
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JSW Steel Limited has reported its results for the Fourth Quarter and the Financial Year ended 31st March, 2020. JSW Steel said “The fourth quarter performance of the Company was marked by the emergence of the...

Posted By : Yogender Pancholi 11 hours 2 minutes ago
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Times of India reported that Tata Steel CEO and managing director Mr TV Narendran during a video conference with the company’s vendors and the owners of ancillary units last week said “The ongoing lockdown has...

Posted By : Yogender Pancholi 11 hours 3 minutes ago
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Steel Authority of India Limited’s Rourkela Steel Plant has issued Final Acceptance Certificate for the Roller Hearth Plate Quench and Temper system supplied by CAN-ENG Furnaces International Ltd. The system is...

Posted By : Yogender Pancholi 11 hours 5 minutes ago
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Economic Times reported that Chhattisgarh Sponge Iron Manufacturers’ Associationin a letter to the Prime Minister’s Office said “To ensure normalcy in production for secondary steel producers, we recommend a levy...

Posted By : Yogender Pancholi 11 hours 7 minutes ago
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On May 22nd, 2020, China Steel Corporation held a price meeting for domestic sales in the third quarter and July of 2020 and announced price adjustments for July 2020 and july-Septemer quarter. CSC said “This quarter,...

Posted By : Yogender Pancholi 11 hours 8 minutes ago
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Business Standard reported that GAIL India is processing line pipe tenders of more than INR 1,000 crore for around 100,000 tonne steel procurement by September 2020. This would translate to progressive supply of 800...

Posted By : Yogender Pancholi 11 hours 10 minutes ago
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The US Department of Commerce’s Bureau of Industry and Security is seeking public comments on how to improve the exclusion process for tariffs and quotas imposed on steel and aluminum imports under Section 232 of the...

Posted By : Yogender Pancholi 11 hours 12 minutes ago
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Metalloinvest has begun replacing the magnetic separators at Mikhailovsky GOK’s beneficiation plant, as part of the Company’s large-scale modernisation and technical re-equipping programme to increase the plant’s...

Posted By : Yogender Pancholi 11 hours 13 minutes ago
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Turkish media reported that Turkey has imposed up to 14% additional duties on several types of steel imports to prevent a rise in steel imports into the country. As per re

Posted By : Yogender Pancholi 3 days 13 hours 8 minutes ago
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ArcelorMittal was contracted to supply the steel solutions that will be used in the construction of the MRV Arena, the Clube Atlético Mineiro stadium that begins to be built in Belo Horizonte. The work will consume...

Posted By : Yogender Pancholi 3 days 13 hours 10 minutes ago
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NOLA reported that a group of former Bayou Steel employees is suing the former owners of the LaPlace plant, alleging they deliberately reneged on an employ

Posted By : Yogender Pancholi 3 days 13 hours 11 minutes ago
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Australian government has talked down the potential impact new Chinese customs inspections could have on the iron ore industry. Trade Minister Simon Birmingham said "Early indications of talking to the industry are...

Posted By : Yogender Pancholi 3 days 13 hours 13 minutes ago
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Bisalloy Steel Group announced the extension of its longstanding teaming agreement with Rheinmetall Defence Australia for the further development and production of high performance armour steel for military vehicles....

Posted By : Yogender Pancholi 3 days 13 hours 14 minutes ago
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Italian group Beltrame’s Donalam Calarasi in Romania has completed the 4 million euros investment in a special steel bar treatment equipment. This will allow the company to offer steel bar products with increased...

Posted By : Yogender Pancholi 3 days 13 hours 15 minutes ago
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Posco has become the first South Korean steelmaker to join the Responsible Minerals Initiative. Posco said it will be able to manage procurement and supply network responsibly under the guidance of RMI, and access...

Posted By : Yogender Pancholi 3 days 13 hours 17 minutes ago
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World’s leading producers of tubular products for the oil and gas industry PAO TMK announced its interim consolidated IFRS financial results for the three months ended March 31, 2020. TMK CEO Igor Korytko said “In...

Posted By : Yogender Pancholi 3 days 13 hours 19 minutes ago
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JENNMAR has completed its feasibility study concerning ground support to the Canadian market place and anticipates having its first production facility operational by March 31, 2021. Trent Roberts and David Hurd will be...

Posted By : Yogender Pancholi 3 days 13 hours 20 minutes ago
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ArcelorMittal has halted output at its Bosnia steel plant and at mines that supply it with iron ore for 10 days due to a drop in demand caused by the lockdown in response to the coronavirus pandemic and has sent 80% of...

Posted By : Yogender Pancholi 4 days 12 hours 36 minutes ago
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Reuters reported that Germany’s second-largest steelmaker Salzgitter said that it is not in negotiations with larger rival Thyssenkrupp about consolidating their activities. Salzgitter said it has been successfully...

Posted By : Yogender Pancholi 4 days 12 hours 40 minutes ago
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Business Standard reported that JSW Steel has sought more time to make payment to banks for Bhushan Power acquisition. JSW offered INR 19,700 crore to banks for BPSL, which was largely funded by taking fresh debts....

Posted By : Yogender Pancholi 4 days 12 hours 41 minutes ago
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Tata Steel committee of directors has approved allotment of non-convertible debentures worth INR 1,000 crore. It said “Committee of Directors has today approved allotment of 10,000-8.25% Unsecured, Rated, Listed,...

Posted By : Yogender Pancholi 4 days 12 hours 52 minutes ago
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In the spring, SSAB completed employer-employee negotiations concerning temporary layoffs in its Finnish operations following weakened market conditions as a result of the Covid-19 pandemic. The negotiations resulted in...

Posted By : Yogender Pancholi 4 days 12 hours 55 minutes ago
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International Stainless Steel Forum has announced the winners of their Awards in the New Technology, New Development, Safety and Sustainability categories during a webinar which replaced the traditional ceremony. Due to...

Posted By : Yogender Pancholi 4 days 12 hours 56 minutes ago
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China's General Administration of Customs said that it will streamline the inspection procedure for imported iron ore at Chinese ports to facilitate trade. Iron ore import

Posted By : Yogender Pancholi 4 days 12 hours 59 minutes ago
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