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British Steel opens Italian rail logistics site
Release time: 2017/04/07 14:47:00
The new facility will be used by British Steel to supply rail products to Italy’s state-owned infrastructure manager, Rete Ferroviaria Italiana(RFI).Peter Smith, British Steel’s managing director for rail, sai...
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EU imposes anti-dumping duties on Chinese steel products
Release time: 2017/04/07 14:36:00
The European Commission, or the European Union(EU)'s executive arm, said these products had been sold in Europe at heavily dumped prices.The new anti-dumping duties range between 18.1 percent and 35.9 percent an...
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US Steel Import Permits surged 24% in March: AISI
Release time: 2017/04/06 17:10:00
The import permit tonnage of finished steel totaled 2479000 net tons during March 2017, significantly higher by 19.2% when matched with the final imports total of 2080000 net tons in February this year. AISI ser...
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Jindal Steel and Power surges over 4% on highest ever production & sale...
Release time: 2017/04/06 17:07:00
The company registered production and sales of over 4.8 million tonne in the previous financial year ended March 31.Shares of the company opened at Rs 124.55 and touched an intraday high and low of Rs 130.45 and...
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US domestic Raw Steel production increases slightly to 1,692,000 net tons
Release time: 2017/04/05 16:42:00
According to AISI, domestic raw steel production was 1685000 net tons in the week ended April 1, 2016 while the capability utilization then was 72.1 percent.The current week production represents a 0.4 percent i...
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Nippon Steel plans to raise product prices by 5,000 yen/T in Apr-Sept
Release time: 2017/03/31 17:46:00
We have asked our customers to raise our products prices by about 20000 yen per tonne this financial year due to higher prices of coking coal and other costs, Kosei Shindo, president of Japan's biggest steelmake...
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ArcelorMittal investing in East Chicago after shrinking footprint
Release time: 2017/03/31 17:45:00
The Luxembourg-based steelmaker idled its No.1 aluminizing line, No.5 galvanizing line and 84-inch strip mill at Indiana Harbor in East Chicago.Those finishing lines were deemed“non-essential operations, along ...
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AISI comments on executive actions to revise power plant rules
Release time: 2017/03/30 18:41:00
Included in today’s White House Executive Order are directions for the Environmental Protection Agency(EPA)to review and revise regulations of greenhouse gas(GHG)emissions from electricity generating utilities....
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Steel capacity slash for long haul
Release time: 2017/03/30 18:26:00
Steel overcapacity has not been reversed fundamentally and the recent price rally could result in vulnerabilities, according to a statement released after a meeting held by the National Development and Reform Co...
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China still on long way to cut excess steel capacity
Release time: 2017/03/29 16:59:00
Steel overcapacity has not been reversed fundamentally and the recent price rally could result in vulnerabilities.According to a statement released after a meeting held by the National Development and Reform Com...
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Steel stocks fall ahead of govt decision on safeguard duties
Release time: 2017/03/28 15:04:00
According to a business weekly, the Ministry of International Trade and Industry(Miti)would make its final decision by April 10 on safeguard duties following complaints about the tax system that was unfavourable...
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Jindal Steel surges on fund raising plans
Release time: 2017/03/28 15:00:00
The board meeting has been scheduled on March 30.The stock of Jindal Steel and Power Limited opened flat in Tuesday’s trading session, and touched its intraday high of Rs 121.2 per share, up by Rs 4.75 per shar...
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