Metallurgy news
-
AK Steel to buy Severstal's Dearborn steel plant for $ 700 millionAK Steel Corporation has signed a contract to acquire Severstal North America's integrated metallurgical production assets in Dearborn for approximately $ 700 million. The deal also includes a coke production unit and three joint ventures that specialize in the production of flat-rolled steel. The…
-
DaMing's stainless steel shipments up 31.8 percent in 1H 2014China's DaMing International's announced that its net shipments of stainless steel for the first half of this year were about 555,200 tons, an increase of 31.8 percent year on year. The company's stainless steel processing volume was about 867,200 tons, up 43.7 percent year on year. The company…
-
BHP Billiton Celebrates Another RecordBHP Billiton beat analysts' forecast to achieve annual production for its West Australian operations. BHP's iron ore production rose 20 percent to a record 225 million tonnes during fiscal 2014. The result is well above BHP's estimated production rate of 217 million tonnes. The record production…
-
Indonesia completes six-month export ban on unprocessed oresIndonesia ended a six-month period during which it was impossible to export unprocessed metal ores from the country. This happened thanks to the introduction of new policies designed to improve the return on shipping resources from Southeast Asia's largest economy, a spokesman for the country's…
-
World crude steel production declined 2.7 percent month-on-month in June 2014According to the latest statistics released by the World Steel Association, steel production from the 65 member countries was 137.122 million tonnes in June this year, up 3.1 percent from production in the same month the previous year. The total production of crude steel in the EU-28 countries…
-
ArcelorMittal continues to race for Italian steel company IlvaItalian Industry Minister Federica Guidi said ArcelorMittal is one of at least four or five companies interested in acquiring troubled Italian steel company Ilva. Federica Guidi said on the sidelines of the conference that "There are several international companies that have a particular interest…
-
Tissa and Sedgeman plan to set up an iron ore processing plant in the Solomon MinesTissa and Sedgeman are planning to design and build an iron ore processing plant at the Solomon Mines in Western Australia under a joint project with Fortescue Metals to provide AUS $ 64 million for the project. Logging equipment that was previously used on this site will be sent to Russia for sale…
-
Canadian billet manufacturer to build plant in OhioMatalco Inc, which has an aluminum billet mill in Ontario, is set to build its new $ 92 million smelter in Lordstown, Ohio. The construction of the new plant is scheduled to begin on September 17, 2014. It is reported that tempered glass of American production will be used for finishing the facades…
-
NLMK updated Q2 2014 dataNovolipetsk Metallurgical Plant reports that sales in the second quarter of 2014 remained at the high level of the previous quarter at 3.854 million tonnes, while production is expected to increase to 4 million tonnes in the third quarter. In the second quarter, rolled steel sales rose 11.9 percent…
-
The dynamics of the global metallurgy is influenced by structural changes in ChinaCyrus Mistry, chairman of the Tata Steel group, says supply and demand are shifting in the global steel industry due to structural changes in China, the world's largest steel producer. At the same time, the steel sector expects a lower level of prices for raw materials. This year, China has focused…
Pages
← previous
next →
