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Ezz Steel increases stake
Sat, 25 Apr 2015 03:47:00 +0100
Ezz Steel, the largest steel producer in the local market, will increase its holdings in its flat-steel subsidiary by nine per cent to 73 per cent by converting $255 million of loans that the latter owe it into equity. No cash will exit Ezz Steel.
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=368bd85c395f4401b2bd28b55aafb6b2&url=http://www.zawya.com/story/Ezz_Steel_increases_stake-ZAWYA20150425064445/&c=18Kt8269CXmADBr2aOX1ZsdpupbqtfpMiURHdTfhn18&mkt=en-gb


Only 1 pct of firms in China's Hebei met 2014 emission standards ...
Fri, 24 Apr 2015 19:56:00 +0100
Cities closer to Beijing, including the major steel-producing city of Tangshan, faced an even higher target of 33 percent. Hebei has promised to cut coal consumption by 40 million tonnes over the 2014-2017 period and steel capacity by 60 million tonnes.
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=b8921ae4e652469fa5e89a6f1827fb40&url=http://www.dailymail.co.uk/wires/reuters/article-3053422/Only-1-pct-firms-Chinas-Hebei-met-2014-emission-standards--Greenpeace.html&c=pRkaCSOQxF_WKX20017XDY-vnxnklc90RG-5nRxDW6o&mkt=en-gb


Brief-thyssenkrupp Sees Stable Growth In N.america - Reuters
Fri, 24 Apr 2015 15:35:25 +0100
ReutersApril 24 (Reuters) - ThyssenKrupp. * CEO says expects stable growth rate in North America, after 8 percent last year. * CEO says too early to talk about disposal of Brazilian steel business. * ThyssenKrupp says could handle a large acquisition today ...
http://www.reuters.com/article/2015/04/24/idUSL5N0XL3CX20150424


ArcelorMittal SA: ArcelorMittal announces the publication of first ...
Fri, 24 Apr 2015 14:07:48 +0100
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the ...
http://www.twst.com/update/107201-arcelormittal-sa-arcelormittal-announces-the-publication-of-first-quarter-2015-ebitda-sell-side-analyst-consensus-figures-on-corporatearcelormittalcom


Global Steel Production Outside of China Continues to Fare Very Poorly ...
Fri, 24 Apr 2015 14:04:50 +0100
Data released this week showed that global crude steel production totaled approximately 138.05 million tons in March. What is still not receiving enough attention, however, is that global steel production outside of China continues to fare very poorly ...
http://www.hellenicshippingnews.com/global-steel-production-outside-of-china-continues-to-fare-very-poorly/


Iran's quarterly crude steel output up 9.6% WSA - Hellenic Shipping ...
Fri, 24 Apr 2015 14:01:06 +0100
Iran produced 4.089 million tons of crude steel in the first quarter of 2015, a 9.6 percent rise from 3.729 million tons in the first quarter of 2014, the World Steel Association said in its latest report. The country's crude steel output stood at 1 ...
http://www.hellenicshippingnews.com/irans-quarterly-crude-steel-output-up-9-6-wsa/


Brazil's Vale Signs $2 Billion Financing Agreement With Korea Eximbank
Fri, 24 Apr 2015 11:30:00 +0100
The deal comes at a time when depressed prices for iron ore and other commodities are weighing on ... one of the world's top steel companies and a partner of Vale in Companhia Siderurgica do Pecem, a major steelmaking project in northeast Brazil.
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=5eaef44a4355453897aa8ef4bdfc9142&url=http://www.4-traders.com/VALE-SA-6492836/news/Brazils-Vale-Signs-2-Billion-Financing-Agreement-With-Korea-Eximbank-20254555/&c=VnJ-_qJj16qjldmLiRPrqlvOcs-hTQWvIB44fTfpF7U&mkt=en-gb


ArcelorMittal: New environment protection technology at the Steel ...
Fri, 24 Apr 2015 10:06:42 +0100
ArcelorMittal: New environment protection technology at the Steel Melting Shop. A sludge drying and retention station at the Steel Melting Shop, aimed at protecting the environment, reducing the consumption of raw materials and water was xxx
http://www.thediplomat.ro/articol.php?id%3D6148


Brazil's Vale 1Q Iron-Ore Output a Record - Wall Street Journal
Fri, 24 Apr 2015 09:23:43 +0100
The world's largest iron-ore producer, Vale churned out 77.4 million metric tons of the steelmaking material, up 4.5% from a year earlier. The figure includes 2.9 million tons of ore that Vale bought from third parties. Vale's iron-ore output was aided ...
http://www.wsj.com/articles/brazils-vale-1q-iron-ore-output-a-record-1429707551


Iron ore's shifting sands move again - Sydney Morning Herald
Fri, 24 Apr 2015 08:04:07 +0100
It was the week that challenged the conventional wisdom around the iron ore price collapse, and offered a glimmer of hope to small, struggling miners. A surprise fall in exports, a slowing of investment in new growth, and a spurt in the commodity price ...
http://www.smh.com.au/business/mining-and-resources/iron-ores-shifting-sands-move-again-as-price-soars-16-per-cent-20150424-1msadh.html


BHP breaks ranks on iron ore
Fri, 24 Apr 2015 07:08:36 +0100
A significant split occurred between Australia's iron ore giants this week when BHP Billiton said publicly that it was slowing down its expansion. It was only two sentences in a quarterly report, but was a major break from BHP and Rio Tinto's controversial narrative of unrelenting growth no matter the effect on prices - as long as you are making money. Highlighting how far iron ore prices have ...
http://au.finance.yahoo.com/news/bhp-breaks-ranks-iron-ore-053607280.html


China Metallurgical : MCC19 Contracts Panzhihua Steel Xichang Cold-Rolled ...
Fri, 24 Apr 2015 00:36:00 +0100
On April 10th, MCC19 signed the 2015 Panzhihua Steel Xichang Cold-Rolled and Heat-Rolled Area Yield Guarantee and Machine Maintenance Services contract with Panzhihua Steel (Group) Engineering Technology Co., Ltd. The site is located at Panzhihua Steel ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=1c0663626ab54c35b7e8d5ead583924b&url=http://www.4-traders.com/news/China-Metallurgical--MCC19-Contracts-Panzhihua-Steel-Xichang-Cold-Rolled-and-Heat-Rolled-Equipment--20250564/&c=rlmPSjaRMnTe3CG8oyeRoAIcel4ihoEtFY9pSL78GOs&mkt=en-gb


Iron ore extends rebound on improved supply outlook
Thu, 23 Apr 2015 20:05:50 +0100
The global iron ore glut is easing with CLSA forecasting no net growth in supply in 2015 and prices seen averaging $US55 a ton in the third quarter.
http://theage.com.au/business/markets/iron-ore-extends-rebound-on-improved-supply-outlook-20150423-1ms4tg.html


Chinas March Steel Exports Decline to Lowest Level in 8 Months
Thu, 23 Apr 2015 18:28:00 +0100
However, steel companies like US Steel (X) and ArcelorMittal (MT) have a reason to be happy about Chinas (FXI) March trade data. US Steel and Carpenter Technology (CRS) each form 3.25% of the SPDR S&P Metals and Mining ETF (XME). Exports decline The ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=0d5f80fb31d24a699cf30b396f2ba6f8&url=http%3a%2f%2ffinance.yahoo.com%2fnews%2fchina-march-steel-exports-decline-000627261.html&c=Inb2sVeUdhoG8UuaYEJt79r2pbJRLkewi1WG41qHf2Y&mkt=en-gb


Keep the fires burning
Thu, 23 Apr 2015 08:55:00 +0100
In odourless rooms overlooking each pit, workers use joysticks to manipulate gigantic German-made steel claws a bit like the ones in ... An explosion at one such plant in Fujian province earlier this month reinforced distrust of such facilities, despite ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=3b1dfcd6ee76440b95b3f70b0215b266&url=http://www.economist.com/news/china/21649540-waste-incinerators-rile-public-are-much-better-landfill-keep-fires-burning&c=e7OnnI2K12WcmpLaybwu8cEUj_EFUJaFd5rL97yZdF4&mkt=en-gb


Weak Russian rouble pushes Severstal's Q1 margin to record high ...
Thu, 23 Apr 2015 08:23:31 +0100
The Moscow Times - Reuters UKSeverstal, Russia's second largest steel producer, and other exporters have benefited from a 50-percent decline in the rouble against the dollar since mid-2014, as their costs fell in dollar terms. Severstal said its margin on earnings before interest ...
http://uk.reuters.com/article/2015/04/23/russia-severstal-idUKL5N0XK15720150423


Arcelormittal : Visit Us At Turkeybuild 2015
Thu, 23 Apr 2015 07:39:00 +0100
and an increased part of it is demanding for high added value flat steel for cladding, roofing, framing and interior applications. For the first time in 2015, ArcelorMittal will exhibit at Turkeybuild. In hall 2, on stand #124, visitors will be given the ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=0d5f80fb31d24a699cf30b396f2ba6f8&url=http%3a%2f%2fwww.4-traders.com%2fARCELORMITTAL-6333%2fnews%2fARCELORMITTAL--Visit-us-at-Turkeybuild-2015-20245664%2f&c=9cSa1OZsZgC7LJFw-VwzuDb1Z5bpjxm_X3fT8aCtOKE&mkt=en-gb


Asian stocks largely rise despite weak China PMI
Thu, 23 Apr 2015 01:08:00 +0100
Steelmakers and media-related stocks were among top gainers; Baotou Steel and Shanghai Oriental Pearl Group elevated 2.8 and 10 percent each. Equity markets in the world's second-biggest economy has soared about 80 percent over the past six months ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=948bc3ae920c4e8a9f0d90e14b2982bf&url=http://www.cnbc.com/id/102611841&c=MFtpRgXnqDR2ZB5dlJHbtNiU-sfxaELGgMJTF4enTjM&mkt=en-gb


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