Steel Times International News
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BHP Billiton hopes to win Chinese on price
Australian based BHP Billiton has seen demand for its iron ore flagging, in particular from China where the company predicts the slow-down in growth to 7-8% continuing possibly for the next 10 years
19 November 2012 -
John J Ferriola Nucor CEO from January 1
Nucor’s CEO, Daniel R DiMicco will step down from the post at the end of the year after more than 12 years in the post.
19 November 2012 -
Ceylon Steel to set up ‘steel village’
The Ceylon Steel Corporation Ltd (CSCL) will set up the country’s first ever ‘Steel Village’ at Athurugiriya creating a number of employment and entrepreneurial opportunities for the people in the country, the company’s Business Development Manager Sanath Niroshan said.
19 November 2012 -
September crude steel unchanged from 2011
World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 124Mt in September 2012, recording no change compared to September 2011.
13 November 2012 -
Eurofer warns against EC proposal to withhold 900M CO2 certificates
“Artificially increasing the carbon price by withholding or removing allowances from the emissions trading system will undermine the competitiveness of European industries and increase the energy bill for consumers even more,” says Eurofer Director General Gordon Moffat. “This is counterproductive in times when the EU is struggling to get out of the worst economic crisis since the Second World War.”
13 November 2012 -
MMK increases investment in Turkish minimill
MMK-Metalurji A.Ş. is a new generation ecologically friendly minimill with a production capacity of 2.3Mt/y of various high-margin flat steel rolled products. It is located in Iskenderun, southern Turkey.
13 November 2012