Steel Times International News
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JFE Steel in Indian acqiusition
JFE Steel Corporation has acquired 15% of India’s JSW Steel for INR 48bn ($1.02bn).
27 July 2010 -
Siemens receives EAF orders
Siemens VAI Metals Technologies has received orders to modernise EAF’s at both the Saudi Iron and Steel Company (Hadeed) and Finnish steel producer Outokumpu.
26 July 2010 -
Steel production up in June
World crude steel production in June was 119Mt - 18% higher than June 2009.
21 July 2010 -
Saudi steel production costs could rise
The cost of steel production may go up by 7% due to increased electricity costs, a Saudi Arabian company has warned.
20 July 2010 -
Kryviy Rih steelworks in Siemens order
Siemens VAI Metals Technologies has secured a contract from ArcelorMittal’s Kryviy Rih, Ukraine steelworks.
19 July 2010 -
Chinese steel companies to merge
Four steel companies in the northern Chinese city of Tianjin will merge as part of a central government plan to consolidate the sector.
15 July 2010