Steel Times International News
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Forgemasters looks to 2011 for press project review
UK engineering company Sheffield Forgemasters will review its 15kt nuclear press project in early 2011.
10 August 2010 -
Outdated iron and steel companies given two months to improve
China's industry chiefs have warned more than 2000 companies to close obsolete production facilities within two months or face cuts in credit and a suspension of government approvals.
09 August 2010 -
Two jailed over Rio Tinto scandal
Two Chinese executives have been jailed for leaking steel industry secrets to the four former Rio Tinto executives imprisoned for bribery, reports Reuters.
06 August 2010 -
Rio Tinto records record H1 profits
Rio Tinto's profits for the January to June period have reached a record first-half high for the firm, fuelled by Chinese demand for its iron ore.
05 August 2010 -
Rio to invest $790M for Pilbara expansion
Mining giant Rio Tinto is planning to invest a further $US790 million to expand its iron ore operations in Western Australia's Pilbara region.
04 August 2010 -
Chinese steel firms facing H2 profit decline
Profits at China’s large-scale steel companies in June fell 37.8% from a year ago due to higher raw material costs and declining product prices, the country’s steel association said.
02 August 2010
