Steel Times International News
-
Baosteel to Buy 25% Stake in Russian Mechel Mining for USD1.25bn
Baosteel Group is reportedly in talks with Russia’s coal and steel group Mechel over buying a 25% stake in Mechel’s mining sector for possibly US$1.25bn.
01 May 2013 -
Chinese exports up 19% in Q1
China exported 14.43Mt of rolled steel products in Q1 2013, an increase of 18.8% on the 12.14Mt exported in the same period 2012. Exports are being driven by the sluggish local market rather than external demand.
01 May 2013 -
Emirates Steel expansion awaits gas allocation
Emirates Steel's third expansion will be built in the new Khalifa Industrial Zone (Kizad), and will be the second tenant of the new hub near Abu Dhabi.
01 May 2013 -
Ansteel’s Australian or JV starts
The iron ore mining joint venture between China’s Anshan Steel and Australia’s Gindalbie Metals Ltd started operating on 9 April.
01 May 2013 -
Wusteel’s IO Project in Liberia to Start Operation in H1
Wuhan Iron and Steel Group (Wusteel) announced that its iron ore mining project in Liberia, West African is expected to come on stream in the first half of this year.
01 May 2013 -
ArcelorMittal Usibor®-AS patent case to be reviewed in US court
In defense of its patent rights, ArcelorMittal filed complaints before the District Court of Delaware on April 16 to demonstrate that AK Steel, Severstal North America (SNA) and SNA’s coating partner, Wheeling-Nisshin, have infringed upon its Usibor® aluminum silicon coated products patent (Usibor®-AS) by selling steel grades protected under the Usibor®-AS patent to automakers and their supply chains.
24 April 2013
