Steel Times International News
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China exports 94Mt of steel in 2014
China exported almost 94Mt of steel products in 2014, a rise of 50.5% over 2013, according to figures from China’s National Bureau of Statistics (NRB).
10 February 2015 -
Extended product portfolio improves Tata’s financial performance
The introduction of 22 new steel products has played a significant role in Tata Steel’s improved financial performance during FY15, according to the steelmaker’s recently released Q3 results and its figures for the first nine months of the period.
06 February 2015 -
Molybdenum production up…but usage slightly down
Figures released by the International Molybdenum Association (IMOA) show that global production of molybdenum increased to 150.3 million pounds for Q3 2014, up 5% from 149.9 million pounds in the previous quarter and 11% higher than in Q4 2013.
05 February 2015 -
EUROFER criticises China’s trade-distorting industrial policies
EUROFER has strongly criticised China for its foreign trade-distorting industrial policies, claiming that they are detrimental to the recovery of the European steel industry.
05 February 2015 -
POSCO to use Finex DRI process in Iran
South Korean steelmaker POSCO is planning to use the Finex DRI steelmaking technology developed in conjunction with Siemens VAI in projects in Iran, according to an online media report.
03 February 2015 -
ArcelorMittal buys Russian iron ore concentrate
Platts claims that Metalloinvest, a Russian mining company, will be supplying 2Mt of iron ore concentrate to the world’s biggest steelmaker, ArcelorMittal.
03 February 2015