Steel Times International News
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China steel mills to contribute 60% of output
China's top 10 steel mills will be able to contribute 60% of the country's total steel output according to the country’s 12th Five-Year Plan.
27 January 2011 -
Indonesia's Krakatau eyes coking coal supply deals
Indonesia’s Krakatau is in talks with Borneo Lumbung Energi and Marunda Graha Mineral to help feed coking coal demand that it sees at 2.65Mt/y by 2014.
26 January 2011 -
World crude steel output increases 15% in 2010
World crude steel production reached 1414 million metric tonnes (Mt) for the year 2010, according to the World Steel Association which represents 170 steel producers account for 85% of world steel output. This is an increase of 15% compared to 2009 and is a new record for global crude steel production.21 January 2011 -
Gerdau's Consteel revamp
Gerdau Ameristeel contracted Tenova Core to provide a revamp of its Consteel system at the Charlotte, North Carolina plant.
21 January 2011 -
Increasing hope for Teesside UK restart
Sahaviriya Steel Industries (SSI), Thailand's largest hot-rolled steel producer, is progressing with its proposed purchase of UK based Teesside Cast Products (TCP) from Tata Steel.20 January 2011 -
Chinese majors earnings rise
China’s large and medium steel-making companies saw earnings rise for four months in a row in late 2010, after a profit squeeze during the May-July period.
20 January 2011