Help Desk -
9958816305, 9810335381
Email
Password
News List
SG logo

World Socialist Web Site reported that last Friday, the IG Metall trade union and works council at Thyssenkrupp Steel Europe brought over 3,000 steelworkers to a rally at the North Rhine-Westphalian state parliament in...

Posted By : Nishith Sharma 7 hours 48 minutes ago
SG logo

21 October is Steel Safety Day, a day for worldsteel and its member companies to pause and dedicate their attention to the industry’s most important priority, the safety and health of its workers. Normally taking...

Posted By : Nishith Sharma 7 hours 45 minutes ago
SG logo

Leading Belgian producer of thin premium steel plates NLMK Clabecq has embarked on a 30 million euro project to upgrade its rolling mill, continuing to position itself as a key player in the thin-gauge steel plate...

Posted By : Nishith Sharma 7 hours 43 minutes ago
SG logo

With a capacity of 1.2 gigawatts, the British offshore wind farm Hornsea One is one of the largest in the world and is seen as a trailblazer in the energy transition. The wind farm builds on steel from Dillingen:...

Posted By : Nishith Sharma 7 hours 41 minutes ago
SG logo

Tenaris announced that it will form a joint venture with Inner Mongolia Baotou Steel Union Co Ltd to build a steel pipe premium connection threading plant to produce OCTG products in Baotou, China. Under the agreement,...

Posted By : Nishith Sharma 7 hours 40 minutes ago
SG logo

Local media reported that 6 workers of Ann Joo Steel Factory at Perai Industrial Park in the city of Seberang Perai in Penang state of Malaysia were injured on October 20, when the smelting furnace at the premises...

Posted By : Nishith Sharma 7 hours 38 minutes ago
SG logo

Tata Steel subsidiary Tata Metaliks has reported a 250% jump in its net profit in uly-September 2020 quarter at INR 82 crore, as against net profit of INR 23.39 crore during the corresponding period last fiscal. The...

Posted By : Nishith Sharma 7 hours 35 minutes ago
SG logo

For January-June 2020, total steel scrap use in the key countries and regions covered by Bureau of International Recycling Ferrous Division was 209.834 million tonnes, a 10.5% decrease from the 243.536 million tonnes...

Posted By : Nishith Sharma 7 hours 34 minutes ago
SG logo

Iranian media reported that Iranian steelmakers produced a total of 25.39 million tonnes of semi-finished and finished steel products during the first half of the current fiscal year, March 20-September 21 2020, to...

Posted By : Nishith Sharma 7 hours 32 minutes ago
SG logo

Steel Dynamics Inc announced third quarter 2020 financial results. The company reported third quarter 2020 net sales of USD 2.3 billion and net income of USD 100 million. Company's third quarter 2020 adjusted net income...

Posted By : Nishith Sharma 7 hours 30 minutes ago
SG logo

According to the latest data from National Bureau of Statistics, China produced 92.6 million tonnes of crude steel in September 2020, up 10.9% YoY & down 2.4% MoM because of the one-day difference. Daily steel output...

Posted By : Nishith Sharma 1 day 7 hours 53 minutes ago
SG logo

The Delhi Bench of National Company Law has approved JSW Steel Coated Products INR 1550 crore resolution plan for insolvent Asian Colour Coated Ispat. Bawal Haryana based ACCIL also has a facility in Khapoli in...

Posted By : Nishith Sharma 1 day 7 hours 54 minutes ago
SG logo

SSAB Raahe took a digital leap in the annual maintenance of the strip mill in the summer, when augmented reality was used for the first time in the supervision of installation work. This meant that instead of traveling...

Posted By : Nishith Sharma 1 day 7 hours 58 minutes ago
SG logo

The US International Trade Commission has determined that revoking the existing antidumping and countervailing duty orders on imports of prestressed concrete steel wire strand from Brazil, India, Japan, Korea, Mexico...

Posted By : Nishith Sharma 1 day 8 hours 1 minute ago
SG logo

After weeks of uncertainty following the formation of a cartel in Bangladesh and the ongoing volatility in competing markets (i.e. India & Pakistan), subcontinent prices finally appear to have somewhat settled this...

Posted By : Nishith Sharma 1 day 8 hours 6 minutes ago
SG logo

AISI announced that in the week ending on October 17, 2020, domestic raw steel production was 1,535,000 net tons while the capability utilization rate was 69.4 percent. Production was 1,805,000 net tons in the week...

Posted By : Nishith Sharma 1 day 8 hours 8 minutes ago
SG logo

Business Line reported that about 80 per cent of the steel used in the construction of a 2.6 kilometer bridge in Andhra Pradesh is from Tata Steel. The company has supplied 2,000 tonnes of Low Relaxation Pre-Stressed...

Posted By : Nishith Sharma 1 day 8 hours 12 minutes ago
SG logo

San Gabriel Valley Tribune reported that Commercial Metals Co plans to close its steel mill in Rancho Cucamonga by year’s end. CMC spokeswoman Ms Susan Gerber said the operation at 12459 Arrow Route will wind down by...

Posted By : Nishith Sharma 1 day 8 hours 15 minutes ago
SG logo

Metalloinvest has made the first export shipment from the new terminal built by Ultramar at the Ust-Luga port, located in the Leningrad region. MV CL BEIJING, a Panamax class vessel carrying 71,200 tonnes of pellets for...

Posted By : Nishith Sharma 1 day 8 hours 18 minutes ago
SG logo

Canada Border Services Agency terminated the dumping investigation with respect to certain corrosion resistant steel sheet originating in or exported from Turkey by Borcelik Sanayi Ticaret AS and originating in or...

Posted By : Nishith Sharma 1 day 8 hours 21 minutes ago
SG logo

Hungary Today reported that Unions of steelmaker Dunaferr in Dunaújváros in central Hungary staged a demonstration demanding that the company should pay employees wages and negotiate a new collective agreement. Some...

Posted By : Yogender Pancholi 2 days 1 hour 8 minutes ago
SG logo

Steel Authority of India Limited has announced an increase of more than 6% in the annual payment of SAIL Performance Incentive, ex-gratia or bonus in comparison to previous year to the non-executive employees on the...

Posted By : Yogender Pancholi 2 days 1 hour 9 minutes ago
SG logo

The Daily Star reported that Chattogram based listed BSRM Steel has decided to set up a BDT 700 crore plant to raise steel rod production capacity by 0.5 million tonnes to meet its growing market demand. The investments...

Posted By : Yogender Pancholi 2 days 1 hour 10 minutes ago
SG logo

Metalloinvest announced the renaming of OEMK in honour of Mr Alexey Ugarov. MrUgarov was born in Moscow in 1930. He graduated from Moscow Institute of Steel and Alloys. He worked at Cherepovets Steel Mill and at...

Posted By : Yogender Pancholi 2 days 1 hour 13 minutes ago
MAXIMUM CONTENTS LOADED
wait !! more content is loading... Loading content ...
Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.413-0.0080.0290.041-0.018-0.042
BRL5.606-0.0010.0790.2850.2381.477
CAD1.311-0.009-0.002-0.005-0.0490.003
CNY6.659-0.028-0.061-0.178-0.343-0.418
EUR0.843-0.007-0.003-0.001-0.034-0.053
GBP0.766-0.0010.000-0.012-0.028-0.004
INR73.6020.2610.4990.090-1.7502.659
JPY104.912-0.623-0.567-1.254-2.235-3.723
RUB77.061-0.7660.1252.1216.17113.286
ZAR16.429-0.132-0.062-0.360-0.2641.663
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Oct 21 2020
Source : xe.com