Late in August, Malaysian Mycron Steel resumed commercial output of products from the cold-rolling mill after its upgrading, resulting in 44% increase of capacity – from ...

The Bahrain-based bank Gulf Finance House is said to have recently established the HadidMENA company, which will implement several earlier planned projects ...

In late August, Indonesia's state-owned PT Krakatau Steel has placed an order with Italy's Tenova S.p.A (including Tenova LOI Italimpianti and Tenova Pomini) to modernize its hot rolling mill jointly with ...

On September 1, Brazil’s Gerdau announced its plans to expand steelmaking and rolling capacity of its Peruvian facility - Empresa Siderurgica del Peru (Siderperu) – from 540,000tpy to 3mtpy by the year 2013. The project will include ...

Austria's steelmaker Voestalpine AG has awarded Siemens VAI (Austria) a contract for upgrading the hot rolling mill at the company's Linz location, with increasing ...

Austria's Voestalpine AG has placed an order with Siemens VAI (Austria) for supply of a slab conticaster of 1.4mtpy designed capacity to be installed at the company's Linz location ...

Flat products market of Eastern Europe is experiencing weak demand. Having high stocks, buyers are dominating the market and imposing their conditions, while sellers are trying hard to sell their volumes. Most of the CIS plants have not sold out September volumes yet, and some producers have ...

During the past two months, CIS flats producers and Middle Eastern consumers were “ignoring” each other: the former were trying to sell to more expensive markets, while the latter preferred purchases of cheaper material from India and China. But now the situation has ...

In Q1 of 2008-2009 fiscal year, India's Tata Steel increased crude steel production by 12.3% from 1.06mln to 1.19mln tonnes. The rise of its steel sales reached ...

In H1, 2008, Turkey's Erdemir Group increased shipments from its Erdemir and Isdemir by 9% and 23% y-o-y, respectively. Thus, in January-June Erdemir shipped ...

In late August, the largest Chinese steel producer Baoshan Iron & Steel (Baosteel) announced its prices for Q4, 2008. Quotations for CR coils have gone down by ...

Weak seasonal demand in global market for steel products has affected quotations of import heavy plate in ...

In early September, Steel Authority of India Limited (SAIL) is planning to start construction of a 180,000tpy meltshop at the Salem Steel Plant (SSP), specializing in production of flats from stainless and carbon steels ...