Planned Baowu-Magang tie-up could overtake ArcelorMittal as world’s top producer A planned merger of China’s largest steelmaker and a domestic rival is set to create a group whose combined production exceeded that of the entire US steel industry last year, as Beijing pushes forward with efforts to
Read more →Washington, D.C. – Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,327,000 net tons (NT) of steel in March 2018, including 2,480,000 net tons (NT) of finished steel (up 34.2% and 23.0%, respectively,
Read more →The NextGen sale represents the 8th offgas system and the first NextGen system to be supplied by Tenova in the Japanese steel market. Tenova’s proprietary NextGen system is a hybrid/extractive offgas technology system that delivers fast analytical response times and the most complete spectrum of process analysis
Read more →China’s Jiangsu Shagang Co Ltd said on Monday it is expected to be the biggest shareholder of debt-strapped Dongbei Special Steel Group after a bankruptcy restructuring process. Owned by the Liaoning provincial government in the country’s “rustbelt” northeast, Dongbei Special Steel Group entered into the bankruptcy restructuring
Read more →By Maytaal Angel and Arnab Paul LONDON/BENGALURU (Reuters) – Tata Steel said on Tuesday it had agreed to sell its pipe mills in the north of England to UK-based metals and industrial group Liberty House for an undisclosed sum. The pipe mills in Hartlepool employ 140 people
Read more →It is a matter of great satisfaction that National Steel Policy 2017 prepared by steel ministry has been approved by the government for implementation. The earlier policy drafted in 2005 needed revision in view of the sweeping changes happening in the global and national economy impacting the
Read more →Global Oil Tempered Spring Steel Wire Market 2017 report presents the fresh industry data and forthcoming industry trends, allowing you to pinpoint the products and clients driving Revenue growth and profitability. The report – Global Oil Tempered Spring Steel Wire Market offers a comprehensive and executive-level overview,including
Read more →Timken Steel Corporation (NYSE: TMST) and AK Steel Holding Corporation (NYSE:AKS) are both basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, earnings, dividends, profitabiliy, risk and institutional ownership. Insider & Institutional
Read more →DecisionDatabases.com offers High Strength Steel Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2023. The global high strength steel market research report provides detailed information about the industry based on the volume (KT) and revenue (USD MN) for the
Read more →The stock of ALLOY STEEL INTERNATIONAL (OTCMKTS:AYSI) registered a decrease of 80% in short interest. AYSI’s total short interest was 200 shares in June as published by FINRA. Its down 80% from 1,000 shares, reported previously. The stock decreased 1.52% or $0.02 on June 28, reaching $1.3.
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