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Latest PMI data signalled a solid improvement in the health of China's manufacturing sector in July, as market conditions continued to recover from the coronavirus disease 2019 COVID-19 outbreak. Companies registered...

Posted By : Yogender Pancholi 14 hours 41 minutes ago
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The expansion of Volkswagen plant in Poznan has taken over two years and now the preparations for full production of the new Caddy are nearly finished. Changes made during the remodelling included the construction of a...

Posted By : Yogender Pancholi 13 hours 24 minutes ago
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Welcome to SteelGuru Business News Channel. Listen to Global Business News of 10 Sectors for Free, Aggregated & Produced by Sector Experts, Converted into Digital Listening & Visual Resources. Cut the Clutter, Listen to...

Posted By : Yogender Pancholi 14 hours 8 minutes ago
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PTI reported that ArcelorMittal Nippon Steel India Chairman Mr Aditya Mittal said that the Indian steel market has started showing signs of recovery after being hit hard by the COVID-19 pandemic and subsequent lockdowns...

Posted By : Yogender Pancholi 14 hours 9 minutes ago
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Global industrial engineering group Fives together with Steel Dynamics Columbus LLC successfully produced the first coil with a new continuous galvanizing line 3 in Columbus in Mississippi in USA. The first prime coil...

Posted By : Yogender Pancholi 14 hours 10 minutes ago
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The Telegraph reported that ArcelorMittal has completed the acquisition of Odisha Slurry Pipeline Infrastructure Ltd for a net consideration of INR 1,860 crore, filling a much needed gap in its supply chain logistics to...

Posted By : Yogender Pancholi 14 hours 13 minutes ago
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Mr Sumit Deb has assumed charge as Chairman-cum-Managing Director of NMDC Limited on 01 August, 2020. Prior to assuming the role of CMD NMDC, Mr Deb was Director Personnel and succeeds Mr N Baijendra Kumar IAS, who has...

Posted By : Yogender Pancholi 14 hours 15 minutes ago
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Metalloinvest announced the appointment of Mr Andrey Belyshev as Deputy CEO Organisational Development and Human Resources Director at Management Compan

Posted By : Yogender Pancholi 14 hours 16 minutes ago
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Urban Transport News reported that the National Capital Region Transport Corporation on 28th July 2020 opened the financial bids of the contract called for the supply of 22,000 tonnes of 60E-1 1080 Grade Head Hardened...

Posted By : Yogender Pancholi 14 hours 18 minutes ago
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Danieli Centro Maskin has commissioned the new HGS300 slab-grinding unit at the STS1 Plant of POSCO. Equipped with a 250 kW motor on the main unit, the new grinder works on 140 to 220 mm thick stainless steel slabs up...

Posted By : Yogender Pancholi 14 hours 24 minutes ago
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Ilyich Iron and Steel Works of Mariupol is close to completing one of the largest environmental projects in the history of independent Ukraine, which is the reconstruction of the mill's sinter plant. To install the...

Posted By : Yogender Pancholi 14 hours 25 minutes ago
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Metalloinvest announced the resignation of Ural Steel Managing Director Mr Evgeny Maslovfor family reasons and that Mr Alexey Prosyanik, Chief Engineer of Ural Steel, will assume the role of interim managing director...

Posted By : Yogender Pancholi 14 hours 27 minutes ago
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United States Steel Corporation has reported second quarter 2020 net loss of USD 589 million. Adjusted net loss was USD 469 million. This compares to second quarter 2019 net earnings of USD 68 million. Adjusted net...

Posted By : Yogender Pancholi 14 hours 29 minutes ago
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Avenue Mail News Service reported that a 57 year old Tata Steel employee in the company’s Lime Plant in Jamshedpur attended duty till July 25. He developed fever and developed breathing problems. He was immediately...

Posted By : Yogender Pancholi 14 hours 31 minutes ago
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Buoyed by a construction boom, China’s economic recovery continued briskly in July. National Bureau of Statistics said that the official manufacturing purchasing managers index for July stood at 51.1, slightly better...

Posted By : Yogender Pancholi 14 hours 38 minutes ago
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ArcelorMittal announced results for the three-month and six-month periods ended June 30, 2020. ArcelorMittal Chairman and CEO Mr Lakshmi N Mittal said “The first six months of the year, and particularly the second...

Posted By : Yogender Pancholi 3 days 13 hours 41 minutes ago
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World leader in premium tubular solutions Vallourec announced the extension of its contracts to supply products and services to Petrobras. Since the initial signing of these contracts in 2018, Vallourec has been...

Posted By : Yogender Pancholi 3 days 13 hours 43 minutes ago
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The NCLT was hearing a petition by the US-based Interups that, in a petition last month, had urged the NCLT to direct the resolution professional to allow it submit a resolution plan for the firm for which lenders had...

Posted By : Yogender Pancholi 3 days 13 hours 44 minutes ago
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Steel producer ArcelorMittal South Africa Ltd fell deeper into a half-year loss as demand for steel dropped due to the new coronavirus and output declined after operations were shut during a lockdown. ArcelorMittal SA...

Posted By : Yogender Pancholi 3 days 13 hours 47 minutes ago
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Henan Jiyuan I&S in China contracted Danieli to upgrade its 150-tph rebar mill with Endless Welding Rolling technology. With the addition of a new K-Weld machine, billets will be joined at mill entrance to form a...

Posted By : Yogender Pancholi 3 days 13 hours 49 minutes ago
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In May 2020, Primetals Technologies received the final acceptance certificates for a fully automatic dummy bar top feeding system for the CC3 two-strand continuous caster of Baoshan Iron and Steel Co Ltd at Steelworks...

Posted By : Yogender Pancholi 3 days 13 hours 51 minutes ago
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PAO Severstal announced a public target to cut its greenhouse gas emissions intensity by 3% over the next three years compared with 2020. It is the first stage of a longer-term strategy to reduce its carbon footprint...

Posted By : Yogender Pancholi 3 days 13 hours 54 minutes ago
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Tata Steel BSL Ltd on has reported a consolidated net loss of INR 650 crore in the quarter ended June 30, mainly on account of reduced income as compared to net profit of Rs 111 crore during the same quarter a year ago....

Posted By : Yogender Pancholi 3 days 13 hours 55 minutes ago
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Tata Steel’s modular construction solutions brand Nest-In announced launch of onion storage solution Agronest for better storage and reducing wastage. Agronest has a unique structural design that maximises air flow,...

Posted By : Yogender Pancholi 3 days 13 hours 57 minutes ago
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Wuhan Iron & Steel, based in Wuhan, China, has granted SMS group the final acceptance after the successful modernization of finishing stands F4 and F7 in their High-Capacity Hot Strip Mill No 2. The objective of the...

Posted By : Yogender Pancholi 3 days 13 hours 59 minutes ago
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