Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced ...Wed, 30 Aug 2023 20:06:59 GMTFortescue Metals Group Limited ( ASX:FMG ) is reducing its dividend from last year's comparable payment to $1.00 on
https://finance.yahoo.com/news/fortescue-metals-groups-asx-fmg-200659648.html?.tsrc=rss
Major steel, mining projects worth $2 billion underwayThu, 24 Aug 2023 00:00:00 GMTA total of 22 steel and mining projects with a total investment of two billion dollars are currently being implemented across the country, Mohammadali Aziz-Mohammadi, the head of Iran International Engineering Company (IRITEC) has said. The projects have started over the last few years, he said, adding that a part of the necessary funding has been allocated. Some 700 million euros and 100 trillion rials (about $204.5 million) of the funding is yet to be provided, he added. The projects
https://www.hellenicshippingnews.com/major-steel-mining-projects-worth-2-billion-underway/
Bahrain Steel to supply iron ore pellets for giant Saudi projectTue, 22 Aug 2023 00:00:00 GMTFoulath subsidiary, Bahrain Steel, a leading producer and global supplier of high-grade iron-ore pellets, has partnered with multinational conglomerate Essar Group to supply iron ore pellets to the Green Steel Arabia (GSA) project. The Letter of Intent (LoI) signing ceremony was held in Jubail, KSA. As per the LoI, Bahrain Steel will deliver 4 million tonnes of DR-grade pellets per annum to Essar Group. Essar is looking at investing about $4.5 billion to set up an integrated steel plant in
https://www.hellenicshippingnews.com/bahrain-steel-to-supply-iron-ore-pellets-for-giant-saudi-project/
Japan, UAE to build low-carbon iron supply chainWed, 19 Jul 2023 00:00:00 GMTJapans Itochu 8001.T said on Tuesday it has teamed up with JFE Steel Corp, Emirates Steel Arkan EMSTEEL.AD and Abu Dhabi Ports Group ADPORTS.AD for a low-carbon iron supply chain, as Japan and the United Arab Emirates are pursuing green goals. The memorandum of understanding to build the supply chain was signed during Japan Prime Minister Fumio Kishidas visit to the UAE where the project area will be located, Itochu said. The countries have agreed to cooperate on technology and climate
https://www.hellenicshippingnews.com/japan-uae-to-build-low-carbon-iron-supply-chain/
EU sets China/Turkey bulb flats provisional dutiesFri, 14 Jul 2023 00:00:00 GMTThe European Commission has announced the imposition of provisional anti-dumping duties on the import of steel bulb flat bars from China and Turkey. This follows an investigation that was opened at the end of last year, following a complaint lodged by Spains Laminados Losal. Chinese-origin imports will be subject to an anti-dumping duty of
https://eurometal.net/eu-sets-china-turkey-bulb-flats-provisional-duties/
Firm Turkish rebar exporters face resistance to their offers ...Fri, 09 Jun 2023 00:00:00 GMTTurkish rebar exporters faced resistance from buyers to their offers and no new bookings were reported on the day June 8. As lira-denominated rebar offers paced upwards in response to fast Turkish lira depreciation, the export offers in US dollars remained stable. The Turkish currency neared 23.4/$1 on June 8, which was another daily
https://eurometal.net/firm-turkish-rebar-exporters-face-resistance-to-their-offers-from-buyers-holding-market-activity-in-deadlock/
Turkish Kocaer invests in geothermal power for green steel productionWed, 17 May 2023 00:00:00 GMTTurkish merchant bar and steel sections producer Kocaer Steel has invested in a geothermal power plant in Horsunlu, Aydin, in accordance with its sustainable growth strategy, the company said May 16. To strengthen our position as a leading green steel production company in our industry, we aim to diversify our clean energy production resources
https://eurometal.net/turkish-kocaer-invests-in-geothermal-power-for-green-steel-production/
Beltrame advances steel production restart in RomaniaFri, 12 May 2023 00:00:00 GMTItalys Beltrame Group is re-launching crude steelmaking at its Donalam plant in Romania, formerly COS Targoviste, the groups chief commercial officer, Enrico Fornelli, confirmed toKallanishon the sidelines of this weeks Made in Steel tradeshow in Milan. Beltrame acquired the mill last year and relaunched rebar production in June, using feedstock sourced from other parts
https://eurometal.net/beltrame-advances-steel-production-restart-in-romania/
Turkish mills prepare China HRC anti-dumping petitionFri, 28 Apr 2023 00:00:00 GMTIstanbul, 27 April (Argus) Turkish hot-rolled coil (HRC) producers are preparing to submit a petition for an anti-dumping investigation on Chinese HRC, Colakoglu chief executive Ugur Dalbeler told Argus on the sidelines of a EUROMETAL and YISAD steel conference in Istanbul today. Turkeys HRC imports from China have surged since the start of
https://eurometal.net/turkish-mills-prepare-china-hrc-anti-dumping-petition/
Turkey's 1Q steel capacity utilisation plummetsFri, 28 Apr 2023 00:00:00 GMTIstanbul, 28 April (Argus) Turkish steelmaking capacity utilisation dropped dramatically to 54pc in the first quarter, compared to 70pc in the same period of 2022, according to Turkish steel producers association TCUD. The decrease was mainly as a result of the earthquakes that hit southern Turkey in early February, which saw producer Isdemir,
https://eurometal.net/turkeys-1q-steel-capacity-utilisation-plummets/
Emirates Steel negotiates thyssenkrupp stake acquisition: reportsFri, 28 Apr 2023 00:00:00 GMTAbu Dhabi-based steelmaker Emirates Steel Arkan (ESA) is in talks to acquire a stake in German conglomerate thyssenkrupp AGs steel unit, with a formal bid expected in months, Bloomberg reports. No concrete developments are expected until after Miguel ngel Lpez Borrego takes over from the outgoing Martina Merz as thyssenkrupp chief executive on 1 June. ESA
https://eurometal.net/emirates-steel-negotiates-thyssenkrupp-stake-acquisition-reports/
Trinecke Zelezarny appoints new chief executiveWed, 12 Apr 2023 00:00:00 GMTRoman Heide has become chief executive and chairman of Trinecke Zelezarny (TZ), replacing Jan Czudek who headed the company for 11 years, Kallanish learns from the Czech steelmaker. Czudek, who also served on the management board for 23 years, will continue to serve on the supervisory board for some of the firms subsidiaries. We
https://eurometal.net/trinecke-zelezarny-appoints-new-chief-executive/
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