Steel Times International News
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Progress resumes on Taiwanese steel plant
Taiwanese-owned Guang Lian Steel Vietnam has resumed construction on a multi-billion-dollar steel plant in the central province of Quang Ngai, Vietnam the company’s general director, Hsueh Hung Yi, said.
13 April 2010 -
Fortescue's third mine may cost almost $10bn
Iron ore producer Fortescue Metals Group has increased the production target at its planned third mine and put a $US8.9bn price tag on a two-stage operation.
13 April 2010 -
Arcelor plans rebar JV in Iraq
ArcelorMittal is set to build a steel mini mill with EAF in northern Iraq.
13 April 2010 -
Eurofer ‘outraged’ by iron ore prices
Steel trade group Eurofer has expressed its outrage over increased iron ore prices.
13 April 2010 -
DavyMarkham bought by Indian group
Heavy engineering group DavyMarkham has been acquired by India’s Hindustan Dorr Oliver (HDO), a subsidiary of IVRCL Infrastructures & Projects Ltd.
13 April 2010 -
Corus group pledges funds
UK Steel Enterprise, the Corus subsidiary that helps the economic regeneration of communities affected by changes in the steel industry, has announced an £8.3M package of support measures in the wake of the job losses on Teesside.
13 April 2010