Steel industry production - output, capacity, investment.

Industry News: Steel Production

Business headlines and reports - steel output

China zinc output falls 1.5 % in 2017 - Antaike
Sun, 14 Jan 2018 23:13:00 GMT
December output fell by 25,000 tonnes from November to 402,000 tonnes on the back of environmental checks in Hunan province and seasonal maintenance at smelters elsewhere. Market is confused about post-winter consumption outlook in China but historically ...

Redcliff to spend $300 000 on Zisco Road rehab
Sun, 14 Jan 2018 18:07:00 GMT
It is also our busiest road, he said. The rehabilitation project is part of measures being put in place to improve service delivery ahead of the resumption of production at the giant steel works, Zisco. Government has since reached a deal with a Chinese ...

Reform will be nation's watchword this year
Sat, 13 Jan 2018 17:43:00 GMT
When he addressed the BRICS Business Summit in Xiamen, Fujian province, in September ... Last year, China achieved its target of slashing steel production capacity by around 50 million metric tons and reducing coal production capacity by at least 150 ...

Nucor (NUE) Stock Rating Upgraded by Zacks Investment Research
Fri, 12 Jan 2018 23:29:50 GMT
Zacks Investment Research currently has $76.00 price objective on the basic materials company's stock. According to Zacks, Nucor remains committed to expand its production capabilities and grow its business through strategic acquisitions.

Local entities respond to Kirby layoffs
Fri, 12 Jan 2018 19:09:55 GMT
Dozens are now out of work following a Starkville manufacturer shifting its production operations to another state, but several local leaders and workforce development officials are confident the transition for affected employees will be made easier by opportunities already available in the region. Kirby Building Systems, which operates under the Nucor Corporation brand at the former Gulf States plant on Airport Road, announced roughly 100 employees would be let go on Wednesday after the parent company decided to move production to Portland, Tennessee.

Iran sees iron ore and steel production rises year on year
Fri, 12 Jan 2018 11:02:00 GMT
Mineral companies affiliated with Iranian state mines and metals holding company Imidro produced 27.9 million mt of iron ... reflecting a 15% on-the-year increase. Crude steel output also showed a sharp increase. Around 12.77 million mt of crude steel ...

Starkville manufacturer lays off 100 with production shift
Wed, 10 Jan 2018 23:13:35 GMT
The parent company of a Starkville-based metal building manufacturer announced on Wednesday it will be shifting production operations to another state, putting roughly 100 employees out of work. Kirby Building Systems - a Nucor Corporation subsidiary that operates at the former Gulf States property off Airport Road - has been under the Nucor brand since 2007.

Chinese aluminium markets reform gains
Mon, 08 Jan 2018 22:50:00 GMT
At the beginning of this year, the Chinese environmental authority said it would cut 30% of operational aluminium smelting and alumina refining capacity in two municipalities and 26 cities in Shandong, Henan, Shanxi and Hebei provinces as part of a plan to ...

Australia paints dire picture of iron ore prices in 2018 forecasting ...
Mon, 08 Jan 2018 08:28:00 GMT
Ageing steel plants are likely to be either shuttered or modernised, resulting in lower demand, all in the face of rising production from both Australia and Brazil.

Resources export earnings to dip after $214b record in 2017-18
Sun, 07 Jan 2018 05:55:00 GMT
Continued moderation in Chinese steel production, coupled with increased supplies from both Australia and Brazil, are expected to weigh further on iron ore prices over the next two years, he said. Coal prices both thermal and metallurgical are ...

Chinas steel futures slip amid tepid winter demand
Fri, 05 Jan 2018 19:46:00 GMT
The top steelmaking city of Tangshan, however, was put on a second-level pollution alert effective starting on Thursday. Steel mills that use wet process desulphurizing were ordered to cut sintering and shaft furnace production by 50 percent. The most ...

China's steel futures fall as snow to curtail construction demand
Thu, 04 Jan 2018 18:49:00 GMT
China's biggest steel-making city of Tangshan issued a second-level pollution alert effective starting on 8 a.m. on Thursday, the city government said. Steel mills were ordered to cut some sintering and shaft furnace production. Other sectors, including ...

Number of news reports: 12

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