Steel Times International News
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UK first as foundry adopts new technology
Sheffield Forgemasters is the first UK foundry to adopt a state-of-the-art mould and core coating technology, further improving its high-integrity castings and creating greater efficiencies.
12 February 2013 -
Thailand acts against cheap Chinese steel
The government of Thailand is to apply a temporary safeguard on imported hot-rolled steel flat products following complaints by local domestic producers regarding cheap imports, mainly from China.
12 February 2013 -
China unveils merger targets to upgrade steel industry
The Chinese government has set targets to increase the number of mergers in nine industrial sectors to reshuffle its industrial structure and enhance big enterprises’ global competitiveness.
06 February 2013 -
Global stainless steel output at a new record high in 2012
Official figures for worldwide crude stainless steel output in 2012 are estimated to have recorded another all-time high figure of 34.6Mt, 2.6% higher than the previous peak, which was achieved in 2011.
06 February 2013 -
China expects mildly better 2013
China’s demand for steel products is expected to grow at similar pace as it did in 2012, according to CISA, which added that the country’s economic situation will improve over last year. Fueled by quickening economic growth, demand for steel products will increase accordingly.
06 February 2013 -
Chinese steel companies unveil widely varying profit in 2012
A number of publicly listed Chinese steel companies took the lead in reporting their annual results for 2012, and all of them seemed to their widely varying profits or loss well grounded.
06 February 2013