Steel Times International News
-
Chinese coke may hit 450Mt in 2012
Growth of China’s coke production is expected to slow down to 5% in 2012 from the 11.8% in 2011 due to factors such as decreasing crude steel output growth, rising coke production cost, and increasing losses for coking companies in the period 2011-2015 (the12th Five Year Plan).
15 February 2012 -
SAIL and Kobe Steel form JV for ITmk3 study
Indian state owned SAIL and Kobe Steel of Japan have agreed to establish a joint venture company to carry out a detailed feasibility study to build an ITmk3 ironmaking plant in India.
15 February 2012 -
SAIL Posco jv considers Finex at Bokaro
The Steel Authority of India Ltd (Sail) and South Korean steel major Posco have signed a MoU to commence a feasibility study to establish a joint venture company for the production of cold rolled non grain oriented electrical steel.
15 February 2012 -
Essar Steel completes 10mt/y expansion
The Essar Steel complex at Hazira, Gujarat, West India has more than doubled its capacity to 10Mt/y from its earlier 4Mt/y capacity.
15 February 2012 -
Chinese output up 8.9% in 2011
China’s crude steel output increased 8.9% year-on-year to 683.27Mt in 2011, a reduction of 0.4% compared with the growth rate of 2010, according to the latest data provided by the National Development and Reform Commission (NDRC), the country’s top economic planner.
14 February 2012 -
Anshan Steel to launch service centres in India & Brazil
Anshan Iron and Steel Group Corp (Angang) and the South Korea-based LG International have recently signed a letter of intent to set up steel products processing centres’ in India and Brazil.
14 February 2012
