Steel Times International News
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EAF steel-plant for BMM Ispat
The Indian steelmaker BMM Ispat Ltd has ordered the core systems for an electrical steel plant from Siemens VAI Metals Technologies, including an electric arc furnace specially designed for combined charging of hot metal from the blast furnace and direct-reduced iron.
24 July 2012 -
Tata Steel's capacity to grow to 33.5Mt by 2014
Tata Steel Group's plant capacity will grow to 33.5Mt/y by 2014 following the 2.9Mt/y expansion of the Jamshedpur plant and commissioning of the first phase of the 3Mt/y steelplant in Odisha, said Chairman Ratan Tata.
24 July 2012 -
Latin American steel market H1 2012
In the period January-May 2012 Latin American steel consumption grew 13% compared to the same period 2011, driven mainly by Mexico (+16%), Colombia (+11%) and Brazil (+10%). Domestic output, however, fell leading to an increase of imports of 86% to 5.2Mt.
24 July 2012 -
June crude steel output stalls y-o-y
World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 128Mt in June 2012, a decrease of -0.1% compared to June 2011.
23 July 2012 -
Weak confidence, cash & credit issues backfire on EU steel demand
Eurofer’s Q3-2012 steel market outlook signals that market fundamentals may remain depressed longer than expected. Only from Q2 2013 onwards is EU steel demand forecast to improve again.
18 July 2012 -
US Steel exports grow 8.2% in May 2012
Exports of steel from the USA increased 14.9% in the first five months of 2012 compared to the same period of 2011.
18 July 2012
