Steel Times International News
-
Bluescope posts $126M profit
Australian producer Bluescope Steel reported a net profit of AU$126M (US$112M) for financial 2010, a turnaround of $192M ($171M) from the previous year's loss, on the back of a strong performance in Asia.
16 August 2010 -
Siemens VAI to construct vacuum decarburisation plant in China
Siemens VAI Metals Technologies is to installing a vacuum decarburisation plant at the Taiyuan Iron & Steel Co (Tisco) steel works.
12 August 2010 -
Universal Stainless posts growth
Universal Stainless & Alloy Products (USAP) posted a 42.7% gain in earnings in Q2 2010, citing strong market demand for steel.
10 August 2010 -
Forgemasters looks to 2011 for press project review
UK engineering company Sheffield Forgemasters will review its 15kt nuclear press project in early 2011.
10 August 2010 -
Outdated iron and steel companies given two months to improve
China's industry chiefs have warned more than 2000 companies to close obsolete production facilities within two months or face cuts in credit and a suspension of government approvals.
09 August 2010 -
Two jailed over Rio Tinto scandal
Two Chinese executives have been jailed for leaking steel industry secrets to the four former Rio Tinto executives imprisoned for bribery, reports Reuters.
06 August 2010
