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ArcelorMittal Nippon Steel India Chief Executive Officer Mr Dilip Oommen told Ishita Ayan Dutt of Business Standard that the real challenge will be to get domestic demand back on track. While answering “A lot of...

Posted By : Yogender Pancholi 2 hours 43 minutes ago
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Business Today reported that JSW Steel Joint Managing Director & Group Chief Financial Officer Mr Seshagiri Rao said that JSW Steel will be able to address supply side issues including sourcing of raw materials, getting...

Posted By : Yogender Pancholi 2 hours 45 minutes ago
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Netherlands Times reported that Tata Steel Netherlands vice chairman Mr Hans van den Berg will step into the shoes of former chairman Mr Theo Henrar as the company's new chief. Mr Van den Berg has been involved with...

Posted By : Yogender Pancholi 2 hours 47 minutes ago
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The Canada Border Services Agency announced that it is launching an investigation to determine whether certain hot-rolled carbon steel heavy plate and high-strength low-alloy steel heavy plate from the Separate Customs...

Posted By : Yogender Pancholi 2 hours 48 minutes ago
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Shougang Zhixin Qian’an Electromagnetic Material in China has awarded an order to SMS group for the supply of two annealing and coating lines for electric steel strip. The lines will expand the annual production...

Posted By : Yogender Pancholi 2 hours 49 minutes ago
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Malaysian media reported that after nearly eight months, Southern Steel Bhd and Ann Joo Resources Bhd have mutually agreed to terminate its planned partnership to synergise opportunities in the long steel product...

Posted By : Yogender Pancholi 2 hours 51 minutes ago
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AI-based worker safety solutions developer announced that it has appointed Mr Mark Bula as Chief Strategy Officer and General Manager of Steel. Mr Bula will be responsible for the strategic leadership of...

Posted By : Yogender Pancholi 2 hours 52 minutes ago
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Metalloinvest’s Ural Steel has mastered the manufacturing of chutes for blast furnace production. Individual elements of the path used to transport slag and pig iron from the furnace are formed in the modular casting...

Posted By : Yogender Pancholi 2 hours 53 minutes ago
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The Danieli bar and wirerod mill at Rajhi Steel in Saudi Arabia produced 101,036 tonnes of finished product during March 2020, and 286,312 tonnes during Q1 2020. Supplied by Danieli in 2010, the Rajhi Steel long-product...

Posted By : Yogender Pancholi 2 hours 55 minutes ago
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Global leader in off-highway truck customizatio Philippi-Hagenbuch announced that it is now using new SSAB Hardox HiTemp steel in its customized lineup of specialty HiVol truck bodies. The new steel is specially...

Posted By : Yogender Pancholi 2 hours 56 minutes ago
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The US Department of Commerce announced affirmative final determinations in the antidumping duty and countervailing duty investigations of imports of collated steel staples from China.The DOC determined that producers...

Posted By : Yogender Pancholi 2 hours 58 minutes ago
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US Army's Combat Capabilities Development Command's Army Research Laboratory researchers have discovered a way to monitor the performance of 3-D printed parts, which tend to have imperfections that affect performance in...

Posted By : Yogender Pancholi 2 hours 59 minutes ago
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Canadian steelmaker Algoma Steel Inc has welcomed the Canada Border Services Agency’s decision today to initiate an anti-dumping investigation concerning hot-rolled heavy steel plate exported from Chinese Taipei,...

Posted By : Yogender Pancholi 3 hours 1 minute ago
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Italian media reported that after latest talks over the fate of the former Ilva steel smelter in southern Italy with government officials is now expected to provide its industrial plan for the plant’s turnaround...

Posted By : Yogender Pancholi 1 day 38 minutes ago
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Dutch media NH Nieuws reported that a group of around 100 Tata Steel employees blocked the gate to the company site with trucks on Tuesday morning, causing quite the traffic jam in Velsen-Noord. The workers are...

Posted By : Yogender Pancholi 1 day 41 minutes ago
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The European steel industry has made comprehensive proposals for a Green Deal on Steel, keeping the EU on track to meet its climate and circular economy objectives while securing the global competitiveness of this...

Posted By : Yogender Pancholi 1 day 45 minutes ago
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Financial Express reported that a negative free cash flow of INR 4,032 crore at the end of financial year 2019-2020 and continuing capital expenditure will mean JSW Steel’s

Posted By : Yogender Pancholi 1 day 57 minutes ago
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To consolidate its market position by upgrading its existing production capacity, a customer in the People’s Republic of China has signed a contract with Primetals Technologies for three high-speed wire rod mills in...

Posted By : Yogender Pancholi 1 day 58 minutes ago
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European Steel Association EUROFER in latest Economic and Steel Market Outlook 2020-2021 said that “Total production activity in EU steel-using sectors fell by 0.2% in the whole year 2019 - further to an increase of...

Posted By : Yogender Pancholi 1 day 1 hour ago
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Jindal Steel & Power Limited while announcing Q4 & 2019-20 results said that “UN Department of Economic and Social Affairs’s mid-year World Economic Situation and Prospects estimates Global GDP to shrink by 3.2 per...

Posted By : Yogender Pancholi 1 day 1 hour 2 minutes ago
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Leading Russian mining and metals company Mechel announced operational results for Q1 of 2020. Mechel PAO’s Chief Executive Officer Oleg Korzhov said “Today we can safely say that the spread of COVID-19 in 1Q2020...

Posted By : Yogender Pancholi 1 day 1 hour 3 minutes ago
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During 4QFY20, Jindal Shadeed recorded production of 0.57 million tonnes of steel as against 0.45 million tonnes in 4QFY19. Oman business reported revenues at USD 268 million and EBITDA at USD 63.8 million. For the...

Posted By : Yogender Pancholi 1 day 1 hour 5 minutes ago
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American Institute of Iron & Steel announced that in the week ending on May 23, 2020, domestic raw steel production was 1,191,000 net tons while the capability utilization rate was 53.2 percent. Production was 1,880,000...

Posted By : Yogender Pancholi 1 day 1 hour 6 minutes ago
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In an extraordinary move, China has not set a target for its economic growth rate for 2020. In the annual government work report at the third session of the 13th National People's Congress, Chinese Premier Li Keqiang...

Posted By : Yogender Pancholi 2 days 1 hour 56 minutes ago
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China's steel association and major steelmakers have called for an increase in domestic iron ore production as well as greater investment in exploration overseas to ensure supplies. China Iron & Steel Industry...

Posted By : Yogender Pancholi 2 days 1 hour 58 minutes ago
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