Steel Times International News
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Moody's downgrades South Korean steelmaker POSCO
POSCO, the South Korean steelmaker, has been downgraded by Moodys Investors Service.
25 November 2013 -
ArcelorMittal to build compressed natural gas facility in South Africa
ArcelorMittal South Africa is planning to build an 800mW compressed natural gas plant at its Western Cape steel plant in a bid to reduce its electricity costs.
22 November 2013 -
Revamped converter for ThyssenKrupp
SMS Siemag has upgraded a converter unit for ThyssenKrupp Steel Europe in Duisburg-Bruckhausen, Germany.
22 November 2013 -
Export restrictions and punitive regulations jeopardize EU scrap recycling
The European Ferrous Recovery & Recycling Association (EFR) claims that export restrictions and high regulation costs on the EU scrap recycling industry will have a detrimental effect on employment, trade relations and the environment.
21 November 2013 -
Positive signs for Latin American steel
New mining projects and Chinese automotive demand will prove positive for the Latin American steel industry, according to Deloitte’s head of global metals, Nick Sowar, speaking at the Alacero conference in Lima, Peru.
21 November 2013 -
Russian steel giant urges production curtailment
Russian steel producer Severstal OAO has urged the global steel industry to cut production in order to ease problems of over capacity, according to a report in the Wall Street Journal.
21 November 2013