Steel Times International News
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EU steel market : some tailwind at last
EUROFER’s Q4-2013 Economic & Steel Market Outlook provides further evidence of the economic recovery in the EU gaining traction in the months ahead.
30 October 2013 -
Tata Steel Long Products (UK) threaten 470 more jobs cuts
Tata Steel's Long Products business announces restructuring proposals on 29 October to help strengthen its competitiveness. The proposed changes affect predominately management and administrative functions at sites in UK at Scunthorpe, Teesside and Workington and could lead to the loss of around 500 jobs.
30 October 2013 -
Kobe Steel H1 result flatline
Japan’s economy continued on track to recovery in the first half of fiscal 2013 (April 1 - September 30, 2013). On the back of monetary, fiscal and other economic measures, export industries began to pick up owing to a correction in the yen, which remained high until last year.
30 October 2013 -
Vietnam steel market remains stagnant
Steel sales are yet to recover on the local market, despite domestic steel producers' efforts to boost consumption coinciding with the start of the building season, according to the Vietnam Steel Association (VSA).
30 October 2013 -
Long Luck plans $36M billet & rod mill
Thai longs product producer Long Luck Steel Group plans to open a steel billet mill to open mid 2014 in a US$36M investment.
30 October 2013 -
Oman-Singapore specialty steel jv inaugurated
The inauguration of Gulf Specialty Steel Industries Plant (GSSI) was recently celebrated at Sohar Industrial Estate in Oman.
30 October 2013
