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The Guardian reported that Trade union officials and MPs have voiced fresh concerns about the prospect of British Steel being sold to the Turkish military pension fund. Ataer Holdings, owned by the Turkish army...

Posted By : Amom Remju 7 hours 25 minutes ago
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Vale and China Baowu Iron and Steel Group Co Ltd signed strategic project agreements in Brazil on October 16 in the areas of iron and steel smelting, logistics and basic metals, in order to deepen and expand cooperation...

Posted By : Amom Remju 7 hours 30 minutes ago
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Mr Ajit Kumar Saxena has taken charge as the new Director (Operations) of RINL-Visakhapatnam Steel Plant. Prior to this assignment, Mr Saxena has worked as Chief General Manager, Mills, IISCO, Burnpur, Steel Authority...

Posted By : Amom Remju 7 hours 37 minutes ago
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Pennar Industries Limited announced that it has bagged orders worth INR 304 crore across its business verticals during the month of September 2019. The Pre-Engineered Building division received orders for construction...

Posted By : Amom Remju 7 hours 40 minutes ago
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Prakash Industries Limited has commissioned its 6th Sponge Iron Rotary Kiln and has started commercial production. The commercial production from the new Sponge Iron Rotary Kiln with additional power will result in...

Posted By : Amom Remju 7 hours 42 minutes ago
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Argus announced that a Hebei steel mill in north China has signed an initial agreement to buy Indian pellet indexed to Argus assessments. The India-origin pellet has alumina ranging between 2-3.4pc, shipped monthly in...

Posted By : Amom Remju 7 hours 44 minutes ago
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One of the largest vertically integrated steel and mining companies in the world Severstal PJSC supplied Russian customers from the fuel and energy sector over the nine months of this year with more than 740 thousand...

Posted By : Amom Remju 7 hours 47 minutes ago
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South Korea and Indonesia have reached a preliminary consensus that will see the elimination of tariffs on steel products and automobile parts, South Korea's Ministry of Trade, Industry and Energy said Wednesday.

Posted By : Rabi Wangkhem 7 hours 29 minutes ago
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Financial Tribune reported that Iranian steelmakers produced a total of 23.26 million tonnes of semis and finished steel products during the first half of the current Iranian year (March 21-Sept. 22) to register a 6.43%...

Posted By : Rabi Wangkhem 7 hours 32 minutes ago
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Leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, Metalloinvest announces the signing of an agreement with MUFG for ECA backed financing in the amount of EUR...

Posted By : Rabi Wangkhem 7 hours 35 minutes ago
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A new report shows that Iran’s exports of various steel products have increased slightly between March and September this year to top 3.4 million tonnes.

Posted By : Rabi Wangkhem 7 hours 37 minutes ago
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Steel Dynamics, Inc announced third quarter 2019 financial results. The company reported third quarter 2019 net sales of USD 2.5 billion and net income of USD 151 million, or USD 0.69 per diluted share.

Posted By : Rabi Wangkhem 7 hours 39 minutes ago
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A host of US manufacturers can’t continue their legal bid to raise US duty levels on large diameter welded pipe from Canada after they missed a key deadline, the US Court of International Trade ruled October 16.

Posted By : Rabi Wangkhem 7 hours 42 minutes ago
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Business daily Handelsblatt reported that Finland’s Kone has submitted a bid for the elevator division of German industrial group Thyssenkrupp that is 1 to 2 billion euros below those by private equity suitors.

Posted By : Rabi Wangkhem 7 hours 45 minutes ago
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Daily Sabah reported that Turkish exporters said the recent US decision to raise import tariffs on Turkish steel would have little to no impact as they already have alternative plans to sustain the momentum in steel...

Posted By : Ratan Singh 1 day 6 hours 32 minutes ago
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On October 16, the Ministry of Ecological Environment issued the "Scheme for Comprehensive Control of Air pollution in Autumn and Winter in 28 cities around Beijing, Tianjin and Hebei". In order to promote the...

Posted By : Ratan Singh 1 day 6 hours 36 minutes ago
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The Board of Directors of the World Steel Association elected the following new officers for 2019/2020 at the worldsteel General Assembly in Monterrey.

The new officers are elected for a one-year period
Chairman -...

Posted By : Ratan Singh 1 day 6 hours 42 minutes ago
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Bloomberg quoted people familiar with the matter as saying that the battle for Thyssenkrupp AG’s elevator unit is heating up as rival bidders Kone Oyj and Blackstone Group Inc position themselves with potential...

Posted By : Ratan Singh 1 day 6 hours 44 minutes ago
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Essar Steel India Limited has decided to make its Hazira plastic free. Its other locations will also join in a month’s time. Various steps have been undertaken to eradicate use of Plastic, particularly single use...

Posted By : Ratan Singh 1 day 6 hours 46 minutes ago
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NLMK Lipetsk has supplied a trial batch of pre-painted steel with improved coating quality to leading white goods manufacturer LG Electronics plant in Russia. NLMK steel will be used to make washing machine bodies. The...

Posted By : Ratan Singh 1 day 6 hours 49 minutes ago
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On 26 September 2019, only 14 months from the placement of the order, steel customer Ningbo Iron & Steel Co Ltd China issued to SMS group the FAC for the successful execution of the laminar cooling modernization in its...

Posted By : Ratan Singh 1 day 6 hours 51 minutes ago
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Ternium chose Danieli to supply an inventory management system and fully automatic handling equipment that will feed 4.1 million tonne per year of slabs to a greenfield hot-strip mill at Pesqueria, Mexico. The purpose...

Posted By : Ratan Singh 1 day 6 hours 56 minutes ago
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US Department of Commerce announced the affirmative final determination in the antidumping duty (investigation of imports of carbon and alloy steel threaded rod from Thailand, finding that exporters from this country...

Posted By : Ratan Singh 1 day 7 hours ago
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Pittsburgh-based United States Steel Corp has updated Indiana officials about previously announced layoffs at the East Chicago Tin Mill. The company said that 314, rather than 307, workers will be displaced when the...

Posted By : Ratan Singh 1 day 7 hours 2 minutes ago
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Reuters reported that Chinese Society for Metals president Mr Gan Yong said that China’s steel sector fragmentation is worsening as unplanned new capacity at small mills undermining government efforts to restructure...

Posted By : Amom Remju 2 days 6 hours 49 minutes ago
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