Steel Times International News
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Latin America trade deficit for finished steel 4.9Mt in 5-months
Finished steel apparent use in Latin America was 28Mt between January-May 2013, similar to the same period of 2012. Finished steel production reached 23Mt 1% less than January/ May 2012.
23 July 2013 -
Severstal reports good half year sales
OAO Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announced its Q2 2013 and H1 2013 operational results, the highlights of which are as follows:
22 July 2013 -
Vietnam producers hit by low demand and high imports
Up to seven of the Vietnam Steel Corporation's (VnSteel) 13 members are operating at a loss, the corporation's General Director Le Phu Hung has revealed.
22 July 2013 -
Tenova acquires Technometal
Tenova has completed the acquisition of Technometal GmbH, a German company based in Duisburg specialising in making equipment for secondary metallurgy treatments.
21 July 2013 -
voestalpine awards contract for HBI plant in Texas
Such is the impact of low gas prices in USA following the exploitation of shale gas plays coupled with the pending cost penalties for CO2 emissions in Europe, that Austrian steelmaker voestalpine is to build a DRI plant in Texas to produce hot briquetted iron (HBI) to ship across the Atlantic and up the Danube as part of the charge for its blast furnaces in Linz and Donawitz.
21 July 2013 -
ArcelorMittal offer better plan for Liège
As a result of months of intense negotiations with the Walloon government and other stakeholders, ArcelorMittal has improved its industrial plan which was first announced on January 24, 2013.
20 July 2013
