Steel Times International News
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China cuts ore imports
The former consecutive rise in both volume and costs of China’s iron ore imports ended in January when China purchased 59.32Mt of concentrates from abroad, which was 4.79Mt less than in December 2011, and a record low since June 2010.
01 March 2012 -
China resents EU for anti-subsidy probe
China’s steel industry expressed its resentment of the European Union’s decision to launch an anti-subsidy investigation into Chinese organic-coated steel exports, an official with the Ministry of Commerce said Feb 23.
01 March 2012 -
China's steel companies diversify into non-steel activities
The majority of steel makers in China have extended their business into non-steel sectors in face of capacity surplus pressures in the steel industry as they find that excessive production capacity cannot guarantee high profit margins.
01 March 2012 -
NMDC orders sinter plant
The National Mineral Development Corp Ltd (NMDC), an Indian government-owned mining company headquartered in Hyderabad, placed an order with a consortium headed by Siemens VAI Metals Technologies for the supply of a sinter plant on a full turn-key basis.
01 March 2012 -
Conference returns to Paris
The former ATS French Steel Association conference is returning to Paris in December.
28 February 2012 -
Seminar on Indian Steel
Crude Steel production in India is expected to increase from the current 70 million tonnes (Mt) to around 100-110Mt by 2013. A further increase to 180-200Mt by 2020-2025 is foreseen.
21 February 2012