Steel Times International News
-
Qatar Steel setting up 1.1Mt/y plant
Qatar Steel is setting up a 1.1Mt/y plant at Mesaieed, Qatar to boost its production in response to rising steel demand in the local market and in the GCC (Gulf Cooperation Council) region.
09 March 2011 -
Investment in China’s steel industry 6% in 2010
According to the Chinese National Bureau of Statistics, fixed-asset investment accomplished by the country’s iron and steelmakers and steel processing sector in 2010 amounted to RMB 346.50bn ($52.7bn), up just 6.1% over 2009.
04 March 2011 -
China’s iron ore import hit historic high in January
According to China’s Customs Administration, iron ore import reached 68.97Mt in January – an all time monthly high.
04 March 2011 -
Taiyuan Steel’s Yuanjiacun Mine close to approval
What will become China’s largest iron ore mine is expected to gain final regulatory approval later this month.
04 March 2011 -
Wuhan buys shares in two Canadian mines
Wuhan Steel Group recently signed deals with two iron ore mines in Canada aimed at securing iron ore supplies.
04 March 2011 -
Severstal sees losses drop 44% in 2010
Russian steelmaker Severstal, which also has plants in North America and Italy, reported revenue up 41.5% to $13573M in FY 2010 (FY 2009: $9594M) for the Group and EBITDA up 105.3% to $3263M (FY 2009: $1589M).
03 March 2011
