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Tata Steel in Europe announces new Chief Commercial Officer
Mon, 11 Nov 2019 00:00:00 GMT
Karl Haider today (Monday 11 November) takes up the role of Chief Commercial Officer for Tata Steel in Europe to further strengthen the companys focus on

Global steel firm in talks with 3 states for $4 billion unit
Fri, 08 Nov 2019 00:00:00 GMT
Ballari district in Karnataka is the companys preferred location for the plant because the region has abundant deposits of high-grade iron ore, a key steel-making ingredient, and is home to steel, sponge iron and pellet units. The JSW Group has a steel mill of 12 MTPA capacity in the

SEAISI Press Release
Fri, 08 Nov 2019 00:00:00 GMT
ArcelorMittal expects Essar Steel court order in Novembe

Russia: Metalloinvest output down in January-September 2019
Thu, 07 Nov 2019 10:53:11 GMT
In January-September Metalloinvest produced 3.628 million tons of steel, down by 2.7% YoY. The decrease is explained with the capital repairs of the continuous casting machines Nos. 1 and 2 at Ural Stal and the trial operation of the flexible module furnace. Sales dropped by 1.1%, to 3.407 million tons. Semi-finished products accounted for

Difficult environment has adverse impact on Voestalpines results ...
Wed, 06 Nov 2019 05:11:00 GMT
For the voestalpine Group, the first half of the business year 2019/20 was defined by a substantial dampening of sentiment in its economic

Tata Steel reports consolidated financial results for the quarter ...
Wed, 06 Nov 2019 00:00:00 GMT
Tata Steel reports consolidated financial results for the quarter and half year ended September 30, 2019

SEAISI Press Release
Wed, 06 Nov 2019 00:00:00 GMT
ArcelorMittal increases longs offers across Europe: sources

Egypts Foremost Green Architect on How Climate Justice Can Solve ...
Wed, 06 Nov 2019 00:00:00 GMT
ECOnsults clients include coffeehouse chain Beanos, La Poire, Egyptian real estate giants Sodic and Orascom, EG Bank, Banque Misr, and Ezz Steel. We provide strategies and buildings that are

BHP approves $US44 million funding for Samarco restart
Tue, 05 Nov 2019 18:06:00 GMT
BHP is backing a restart of operations at the troubled Samarco Minerao iron ore joint venture (JV) with Vale in Brazil through a significant investment. The mining giant has approved $44 million

The first coil: 1700 hot strip mill has been commissioned after ...
Tue, 05 Nov 2019 14:04:20 GMT
Metinvest Group launches 1700 Mill (1700 HSM) in Mariupol at Ilyich Iron and Steel Works (Ilyich Steel) following its reconstruction. The launch event was attended by representatives of the countries consuming hot rolled coils. Virtually the whole mill was upgraded in the course of the revamp: equipment and technology were supplied by Primetals Technologies Austria. Metinvest Group invested USD 110 million in the

Brazil's Samarco expected to resume $4 billion debt restructuring ...
Tue, 05 Nov 2019 11:15:00 GMT
SAO PAULO Reuters - A Brazilian mining joint venture between Vale SA (VALE3.SA) and BHP Group Plc (BHPB.L), paralyzed after a fatal dam collapse, is soon expected to resume talks to restructure $4

Brazil's Samarco to resume $8 bln debt restructuring talks - ...
Tue, 05 Nov 2019 02:13:00 GMT
SAO PAULO, Nov 5 Reuters - A Brazilian mining joint venture between Vale SA and BHP Group Plc, paralyzed after a fatal dam collapse, is expected to resume talks to restructure $8.7 billion in

ArcelorMittal says it is calling off acquisition of Italy's Ilva
Tue, 05 Nov 2019 00:00:00 GMT
ArcelorMittal's decision sparked outrage across Italy, with trade unions blaming the steel giant and the ruling anti-establishment for pulling the rug out from under the deal which would have safeguarded thousands of

ArcelorMittal to hand Ilva plant back to Italian state over legal ...
Mon, 04 Nov 2019 08:47:43 GMT
ArcelorMittal said on Monday it was withdrawing from a deal to buy struggling Italian steelmaker Ilva after Rome reneged on a promise to give it immunity from prosecution over its heavily polluting plant. The decision represents a blow to Italy's ruling coalition, which had hoped to dissuade the steel giant from pulling out of the contract, and will raise questions about the country's reliability as a partner for foreign investors. ArcelorMittal reached a deal last year to buy Ilva, which is based in the southern city of Taranto and employs 8,000 workers in a region with one of the highest unemployment rates in

ArcelorMittal returns control of former Ilva to administrators
Mon, 04 Nov 2019 00:00:00 GMT
ArcelorMittal has told the Italian authorities that it will terminate the lease and the subsequent purchase of the Italian integrated steelmaker formerly known as Ilva, Kallanish learns from the company. As per the agreement signed at the end of October 2018, the company has the right to withdraw from the contract. This will effectively

Arcelor notifies Italy of Ilva exit
Mon, 04 Nov 2019 00:00:00 GMT
Luxembourg-based ArcelorMittal has today notified the Italian government of its intention to withdraw from the lease agreement for steelmaker Ilva, giving the extraordinary commissioners 30 days to take responsibility for the assets. The company began operating Ilva under a lease agreement that started on 31 October 2018 and is scheduled to finish in August

Iron ore prices to be quite a bit lower next year; steel to ...
Sun, 03 Nov 2019 14:56:00 GMT
Iron ore had a major year, in 2019, due to production disruptions at Brazils Vale and as a consequence of Australian cyclones that ... according to Citi research. MODERATE PROSPECTS FOR STEEL

BHP gives go-ahead to $44m works at Samarco
Sat, 02 Nov 2019 17:01:00 GMT
BHP has approved $44 million spending on works to enable the restart of its Samarco operations in Brazil, where 19 people died in a waste dam collapse four years ago. The worlds biggest mining group

Economic governance framework at the core of Zimbabwe's macro-economic ...
Fri, 01 Nov 2019 15:41:00 GMT
Deals to resuscitate parastatals are being compromised more by political decisions that take advantage of the lopsided economic governance framework. The Zimbabwe Iron and Steel Company (Zisco) deal

Economic governance framework at the core of Zimbabwe's macro-economic ...
Fri, 01 Nov 2019 14:54:00 GMT
The Zimbabwe Iron and Steel Company (Zisco) deal and that involving the National Railways of Zimbabwe (NRZ) are examples that immediately come to mind. How many years does it take to restart

Number of news reports: 20

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