|
|
Metal Industrial related news
 News |
|
|
China Steel Corp (CSC,
中鋼)
yesterday announced that it would lower domestic
steel prices for July and August deliveries by 4.19
percent per tonne from next month’s levels to
reflect weak demand by its downstream customers, but
said it expected prices to stabilize next quarter.[Full Text] |
Brazilian miner Vale
(NYSE: VALE) will continue to look for partners to
operate its steelmaking projects, which will add
some 20Mt/y to the country's total steel output by
2015, sales and strategy director
José Carlos Martins said in a press
conference in
São Paulo on
Friday (Feb 25) .[Full Text] |
|
Taiwan’s China Steel and China’s Baosteel are planning to invest
jointly in overseas iron ore mines. The move is a
rare example of companies from Taiwan and mainland
China co-operating overseas, which in the past has
been largely restricted to offshore oil drilling.
The alliance, which the Taiwanese company confirmed
on Wednesday, will be a first for cross-Strait steel
industry co-operation.[Full Text] |
Rio Tinto has conceded that regulatory
obstacles are mounting against its ambitious plans
to merge its Australian iron ore operations with
those of
BHP Billiton, its competitor. [Full Text] |
Washington, D.C. -Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of June totaled 1,955,000 net tons (NT). [Full Text] |
Steel Authority of India Ltd. is in talks with Posco and ArcelorMittal to build two plants in eastern India after land acquisition delays stymied individual proposals from the global steelmakers.. [Full Text] |
|
News
News
