Steel Times International News
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Rio Tinto in $1bn iron ore investment
Mining giant Rio Tinto is to invest more than $1bn at its iron ore operations in Australia and Canada.
09 February 2011 -
ArcelorMittal posts net loss of $780M
ArcelorMittal posted a net loss of $780M in Q4 2010 due to higher raw material prices and the cost of spinning off its stainless steel unit.
08 February 2011 -
Posco plans to build a cold rolling complex in India
Korean steelmaker, Posco plans to build a 1.8Mt/y capacity cold rolling complex in India to meet the increasing demand for high quality steel for the automobile industry thereby replacing imports for these grades.
07 February 2011 -
EU manufacturing rebound solidly entrenched
Eurofer’s Q1 2011 steel market outlook signals that despite slowing growth in the 2nd half of last year, the EU economy is on track for further recovery in 2011-2012.
07 February 2011 -
UK Steel President warns of layered costs
Addressing the biennial Forum of UK Steel in London on 27 January, the President, Mr Tarlock Singh, warned that the Russian, Ukrainian and Chinese steelmakers would end up as the beneficiaries of the many steel intensive infrastructure projects proposed in UK if the UK government insists on layering on more and more costs to UK’s steelmakers.
04 February 2011 -
Forgemasters cast hollow ingot for nuclear power
Sheffield Forgemasters has concluded successful casting trials of a pioneering hollow steel ingot to help capitalise on key power generation sectors including civil nuclear.
04 February 2011
