German conglomerate Thyssenkrupp’s industrial solutions business will make India a supplier to its international markets, eyeing the country as a “major pillar” of its global strategy that is currently chasing…
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Nickel price stands on $13,000, Yusco & Tang Eng orders surge
According to two main stainless steel manufacturers in Taiwan, Tang Eng Iron Works Co., Ltd. and Yieh United Steel Corp. (Yusco) both expected to increase the stainless steel price because…
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Q2 2019 and 6M 2019 NLMK Group Trading update
NLMK Group (LSE: NLMK, MOEX: NLMK), a vertically integrated steel company, has published its Q2 2019 and 6M 2019 operating results. Read more at Q2 2019 and 6M 2019 NLMK Group…
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Tata Steel, JSW draw water sustainability strategies
With several cities facing water crisis, companies such as Tata SteelNSE 2,36% and JSW are focusing on sustainability of water, a critical resource for steel majors apart from iron-ore and…
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Thor™115 installed in the most efficient European power plant
Tenaris has been recently awarded a contract by AC Boilers, the largest Italian boilers manufacturer, to supply Thor™115 steel pipes to be used in the construction of the heat recovery…
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US determines preliminary AD duty rate on CTL plate imports from 4 countries
According to the preliminary determination made by the US Department of Commerce (USDOC) on Thursday (July 11th), the producers and exporters in Belgium, France, Italy and South Korea sold their…
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Severstal increases EAF output, prefers domestic sales
Severstal’s hot metal output fell -3% on-quarter in the second quarter to 2.3 million tonnes due to maintenance at blast furnaces nos.1, 4 and 5. However, crude steel production was…
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MMK completes modernisation of small-grade wire mill 170
In the Magnitogorsk Iron and Steel Works (MMK) long products shop, the overhaul of the two-thread fine-wire mill 170 was completed. Repair works on the unit were carried out simultaneously…
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Australia revises AD duty range on South African steel wire rope imports
After the anti-circumvention investigation, the Australian Anti-Dumping Commission revised the definition of anti-dumping duties on steel wire rope from South African. It was pointed out that South Africa exporters were…
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Indian HRC position cargoes dent Vietnam’s import market
Indian-origin hot rolled coil is currently the most competitive import source in Vietnam. The low priced cargoes are attributed to Chinese and international traders releasing position cargoes. Read more at Indian…
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