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ArcelorMittal, SAIL ink pact to set up steel plant in India
Fri, 22 May 2015 09:21:00 +0100
Steel Secretary Rakesh Singh said Increasing the availability ... in a similar manner to ArcelorMittal's partnership with Hunan Valin on our VAMA joint venture in China, is an exciting and powerful combination, Mittal said. The automotive sector ...

Look East policy yet to bear fruit
Fri, 22 May 2015 06:26:00 +0100
In August 2011,the ESSAR Group, an Indian investment company, entered into a deal with the government to resuscitate the virtually dead Zimbabwe Iron and Steel Company (ZISCO). In the same month the company was re-launched and renamed NewZim Private Limited.

Ukraine: steel output to reach 2.2 million tons in June 2015
Fri, 22 May 2015 06:23:11 +0100
Metallurgprom expects steel output in June on the level of 2.2 million tons, with pig iron at 2 million and rolled metal at 1.8 million tons. At present Alchevsk Iron and Steel Works, Donetsk Electrometallurgical Plant and Donetsk Iron and Steel Works are idle. As of May 1, 23 out of 30 blast furnaces, 7

Ukraine: Interpipe Steel output down in January-April 2015
Fri, 22 May 2015 06:20:15 +0100
In January-April Interpipe Steel produced 179 thousand tons of steel, down by 37.8% YoY. According to a company representative, in April it produced 45 thousand tons of steel. In the last few months Interpipe has been experiencing problems with scrap supplies. If the scrap shortages remain some 12 thousand employees might get fired. The company

AK Steel to pay $1.35M for alleged violations at plant
Fri, 22 May 2015 03:15:56 +0100
An Ohio-based steelmaker has agreed to pay $1.35 million to settle environmental violations at a Dearborn plant alleged by the federal government and state of Michigan. The agreement with AK Steel was announced Wednesday by the U.S. Justice Department, which says the violations of the Clean Air Act occurred under the previous owner of the plant.

Zhangjiajie ensures safety of world's longest glass-bottomed bridge
Fri, 22 May 2015 02:05:00 +0100
(ECNS) - Zhangjiajie, a scenic national park in Central China's Hunan province, says it's focused on safety ... can accommodate up to 800 people at one time, sources say, and no steel or concrete was used to create the surface of the structure.

Iron ore inquiry 'ridiculous' - Sydney Morning Herald
Fri, 22 May 2015 01:03:01 +0100
Some cabinet ministers scoffed at that link but when was asked on Thursday if he had been asked by Mrs Rinehart to scrap the probe Mr Abbott said: 'I have had various conversations with various people over months and months about our iron ore industry.

Improving Urban Transport for Revitalization of Chinas Northeast ...
Fri, 22 May 2015 01:02:00 +0100
In the first 30 years of the People's Republic, the Northeast, consisting of the three provinces of Heilongjiang, Jilin and Liaoning, was China's traditional industrial base with a number of key state-owned industries including oil, gas, iron and steel ...

Govt 'monstered' by mining sector as iron ore inquiry abandoned - ...
Fri, 22 May 2015 00:25:24 +0100
MICHAEL BRISSENDEN: Independent Senator Nick Xenophon says the Prime Minister and Treasurer have been 'monstered' by the mining sector. The comments came after the Government announced it had abandoned the idea of an iron ore inquiry.

Iron Ore Heading for Biggest Weekly Loss Since April on Supply
Thu, 21 May 2015 23:01:00 +0100
'It doesn't seem the surplus will be alleviated this year as supplies are still increasing,' Ren Xinlei, an analyst at Luzheng Futures in Jinan, China ... UBS Group AG estimates. China's steel industry is grappling with an economic slowdown ...

Labor says iron ore speculation 'damaging' - Sky News Australia
Thu, 21 May 2015 19:41:44 +0100
The prime minister is being urged to repair the damage after the federal government let speculation linger on the possibility of an iron ore inquiry. Treasurer Joe Hockey ruled out an inquiry into the industry for now, in a statement on Thursday ...

Research and Markets: Global Iron and Steel Chain Market to 2019 ...
Thu, 21 May 2015 17:55:32 +0100
This comprehensive publication enables readers the critical perspectives to be able to evaluate the world market for iron and steel chains. The market data covers the years 2008-2019. The major questions answered in this comprehensive publication include:.

11 Countries to Visit If You Love Spicy Food
Thu, 21 May 2015 15:23:00 +0100
Spicy food is not ubiquitously beloved across the vast regions of China, but in the provinces of Hunan, Sichuan, Yunnan, and Guizhou provinces, you'd better be prepared for some of the fieriest foods in the world. Steel yourself for steamed fish heads ...

Tata Steel Shares Slump on Q4 Loss of Rs 5,674 Crore
Thu, 21 May 2015 07:16:00 +0100
Tata Steel shares slumped nearly 5 per cent on Thursday after the company reported a consolidated loss of Rs 5,674 crore in the March quarter. India's biggest steel maker had reported a profit of Rs 1......

Dearborn steel plant to pay $1.35M fine to settle alleged violations ...
Thu, 21 May 2015 00:15:16 +0100
Detroit Free Press - f Dearborn Steel ...

BHP Billiton pays $25M to settle SEC anti-bribery complaint
Wed, 20 May 2015 19:37:21 +0100
AP - BHP Billiton has agreed to pay $25 million to settle Securities and Exchange Commission charges that it violated anti-bribery laws by failing to have a proper system in place to prevent the risk of bribery ...*

China Looks to Brazil for Increased Investment
Wed, 20 May 2015 16:25:00 +0100
Avoiding the Panama Canal A new road to Asia will open for Brasil, reducing distances and costs ... Reducing Transport Costs Li said Chinese construction and steel companies were ready to help Brazil overhaul its infrastructure and reduce transport ...

Saudi Arabia Steel Industry Outlook 2020 - Increasing Government ...
Wed, 20 May 2015 02:29:00 +0100
Steel Industry Analysis by Sector7. Steel Scrap Market Analysis8. Steel Pricing Analysis9. Regulatory Environment10. Competitive Landscape- Al-Tuwairqi Holding- Attieh Steel Ltd.- Pan Gulf Steel- Rajhi Steel- Saudi Iron and Steel Company (Hadeed)- Shaaban ...

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