Steel Times International News
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Outotec makes staff layoffs
Finnish steelmaker Outotec is to make more than 100 of its employees redundant.
20 May 2010 -
Nippon Steel to source more iron ore
Nippon Steel Corp, Japan’s largest steelmaker, is to pursue investments in iron ore and coal mines, joining rivals in a bid to curb costs and secure supplies of key steelmaking ingredients.
20 May 2010 -
Rautaruukki predicts brighter year, despite loss
Rautaruukki Corporation reported Q1 sales of €505M.
20 May 2010 -
Furnace delivers first coil
A horizontal annealing furnace is set to deliver its first coil.
20 May 2010 -
Arab production rise
Major Arab crude steel producers had a rise of 21.28% in their Q1 2010 output compared to the same period of 2009.
20 May 2010 -
Saudi Arabia lifts import duty on steel
Saudi Arabia has lifted the import duty on steel rebar to alleviate a shortage in the Kingdom as prices rise for rebar feedstock.
20 May 2010
