Steel Times International News
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Byelorussian Steelworks makes equipment order
Siemens VAI Metals Technologies has received an order from Byelorussian Steelworks (BMZ) to equip the factory in Zhlobin with secondary metallurgical plants and a new six-strand continuous billet casting plant.
12 December 2011 -
SMS group expects higher order intake than last year
After the dramatic downturn in 2009, order intake by the SMS group recovered well in business year 2010, and in the current year 2011 it is forecast to reach €3.4bn.
07 December 2011 -
Siemens’ Competence Centre for met plant in Shanghai
“Backed by solid collaboration within the global network of Siemens, the Metals Technology business in China has developed its own solutions for local markets and export business,” said Werner Auer, CEO of Siemens Metals Technologies, at the inauguration of its new engineering and production centre in the Minhang District, Shanghai, China.
07 December 2011 -
EU steel price rises expected in Q1 2012
Prices for carbon steel products will increase early next year, predict MEPS (International) Ltd, the UK based steel market analysts.
07 December 2011 -
CRU Launches Met Coal Long Term Outlook
Following a year when coal prices have soared after the Queensland floods and then declined more recently amidst worsening sentiment in the global economy, CRU have introduced a new launch ‘2012 Metallurgical Coal Long Term Outlook’.
07 December 2011 -
Qatar Steel signs $250M loan agreement
Qatar Steel, a wholly owned subsidiary of Industries Qatar (IQ), has signed a subordinated loan facility agreement for a medium-term loan facility of $250M (QR912.5M), with a syndicate of two banks; the International Bank of Qatar (IBQ) and the Union National Bank (UNB).
07 December 2011
