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INDIA'S STEEL CORPORATION WILL INCREASE ITS CAPACITY TO PRODUCE REBAR
In the next three years, India's Shyam Steel, a maker of rebar, stated it wants to increase its revenue to INR 9,000 crore (USD 1.12 bln). In 2021–2022, the business had a 4,500 crore INR in revenue. ...
9月 5, 2022
0 2974


ARCELORMITTAL INCREASES HRC OFFERING TO COUNTER RISING ENERGY AND SHIPPING COSTS
According to many market sources, ArcelorMittal has announced an increase in offers for all flat products throughout Europe. For October rolling and November production, new offers for HRC have been r...
9月 1, 2022
0 3107


SEPTEMBER EXPECTS A PRICE REDUCTION OF TOKYO STEEL IN RESPONSE TO WEAK DEMAND
Amid sluggish local market and declining demand from automakers, Tokyo Steel Manufacturing Co. Ltd. decides to lower prices for steel product by up to 6.5 percent starting in September. Hot rolled co...
8月 30, 2022
0 2899


INDIA: SPONGE IRON PRODUCERS IS DITCHING COAL FROM SOUTH AFRICA FOR LESS EXPENSIVE MOZAMBIQUE ORIGIN
60,000 tonnes of coal from Mozambique have been ordered by at least 10 sponge iron and secondary None [1] steel plants in Odisha and Chattisgarh. Additional fifty or so have expressed interest in res...
8月 30, 2022
0 3245


CHINA: DESPITE A RECOVERY, THE FORECAST FOR IRON ORE REMAINS GLOOMY
Iron ore futures in Dalian and Singapore increased on Monday as a result of China lowering its benchmark lending rate to assist the country's economy, but it is anticipated that the price increase wou...
8月 30, 2022
0 2730


WITH RISING ENERGY PRICES, ZINC AND ALUMINUM PRICES ARE PROJECTED TO RISE
Industrial metals prices are being affected by sluggish economic development, but zinc and aluminum are anticipated to perform better if sky-high energy prices compel European smelters to further redu...
8月 21, 2022
0 3002


MALAYSIAN BUSINESS WILL INAUGURATE A NEW SLAB CASTER IN TERENGGANU
Eastern Steel, a subsidiary of the Jianlong Group, in Malaysia hired Danieli to provide a cutting-edge slab caster so that it could offer the nation with high-quality goods that are now imported. Slab...
8月 18, 2022
0 3060


EU STEEL COMPANIES DECREASE PRODUCTION DUE TO WEAK DEMAND
As the demand for steel is still low, a number of European steel producers have chosen to reduce production by turning off blast furnaces over the summer. None [1] Steel consumption has decreased as ...
8月 18, 2022
0 2889


CHINESE STEEL PRODUCTION DECLINES IN LATE JULY - CISA
According to industrial statistics, the main steel mills in China reported a 7.25 percent decline in their average daily output of crude steel in late July compared to mid-July. As of the end of July,...
8月 15, 2022
0 3261


ROMANIA STEEL CORP. CONTINUES TO REDUCE OUTPUT DUE TO SLUGGISH DEMAND
Due to a shortage of orders, ArcelorMittal Hunedoara in Romania, a subsidiary of the international steel production company ArcelorMittal, announced it has prolonged the period of decreased operation ...
8月 15, 2022
0 3257


ILLINOIS WIRE FACTORY WILL BE UPDATED BY LIBERTY STEEL
Russula has been hired by Liberty Steel & Wire to renovate the two-strand wire plant in Peoria, Illinois, United States. The goal is to modernize the outdated and expensive to maintain drives and cont...
8月 12, 2022
0 3054


IN LATE JULY, THE PRODUCTION OF CHINA'S LARGEST STEEL FACTORIES DECREASED.
According to industrial statistics, the main steel mills in China reported a 7.25 percent decline in their average daily output of crude steel in late July compared to mid-July. As of the end of July,...
8月 12, 2022
0 2890
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