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Turkey to break record in steel production
Release time: 2017/11/30 16:35:00
We foresee a record in steel production by exceeding 36 million tons by the end of this year, Fuat Tosyali told Anadolu Agency.Turkey’s crude steel production rose 13.3 percent on an annual basis in the first 1...
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Chinese steel giant to invest 2.13 bln USD in mega Bangladesh-China pro...
Release time: 2017/11/30 15:39:00
Two Memorandum of understandings(MoUs)were signed in Bangladesh capital Dhaka on Wednesday between Bangladesh Economic Zones Authority(BEZA), Chinese Yunnan Yongle Overseas Investment Co.Limited and Bangladeshi ...
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Shanghai steel hits six-week high on upbeat 2018 outlook
Release time: 2017/11/29 17:52:00
Prices in the world’s largest steel consuming country will continue to remain strong in 2018 with supply and production becoming more balanced, an official from the China Iron and Steel Association(CISA)said la...
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The 2017 steel rebound: Will it continue?
Release time: 2017/11/29 17:51:00
Nucor’s earnings through the first nine months of this year were the highest for the same time period of every year since.The company’s net earnings of$268.5 million in the third quarter were down from$323.0 m...
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Falcon Steel America to open large factory in Conroe
Release time: 2017/11/29 17:49:00
The Fort Worth area steel maker said Tuesday it acquired a 226000-square-foot facility on 25 acres at 3575 Pollok Drive.The company expects to hire 150 local workers, including welders, fitters, machine operator...
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ThyssenKrupp kicks off talks with union on steel merger
Release time: 2017/11/27 17:23:00
The de-escalation came after 8000 steel workers protested on Wednesday, the day the Essen-based company announced improved annual results and a record order book, demanding guarantees to preserve jobs and produc...
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Sanjeev Gupta's Tata Steel takeover 'disappointment'
Release time: 2017/11/27 17:18:00
The BBC One Wales programme, Man of Steel, followed Sanjeev Gupta, for more than a year as he bought up parts of an industry in crisis.Mr Gupta told of the disappointment when he realised he had lost Port Talbot...
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Top 5 steel companies in bankruptcy process face Rs 2.09 lakh crore claims
Release time: 2017/11/27 17:05:00
Claims from nine companies referred to Insolvency&Bankruptcy Code(IBC)that have so far made the information public have crossed Rs 3.25 lakh crore, data show.The nine firms, which have made public information ab...
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Nucor to Build New Steel Mill in Missouri
Release time: 2017/11/23 15:59:00
Missouri Gov.Eric Greitens on Tuesday announced the company is investing at least$250 million on the micro-mill.Greitens'administration says more than 250 new jobs will be created once it's built.Supporters of t...
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Japan’s JFE to bid for Bhushan Steel
Release time: 2017/11/23 15:49:00
Under the plans, JFE would set up a special purpose vehicle with the two partners to manage the assets.JFE would hold a majority stake in the vehicle, while JSW Steel would operate Bhushan Steel’s plants, said ...
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Birmingham to partner with U.S. Steel on high-tech industrial park
Release time: 2017/11/22 17:02:00
Steel will deed 24 acres near the site over to the city for the relocation of the Southern Museum of Flight.The city's investment will pay for the construction of a partial road and grading of the property, acco...
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Iran’s Steel Output Up 21%
Release time: 2017/11/22 17:01:00
According to WSA, Iran’s steel output in October grew by 24.2% year-on-year to hit an estimated 1.98 million tons.Following China were Japan with 87.23 million tons, India with 84.12 million tons, the United St...
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