Press Releases
10 October 2017
The "Global Steel Rebars Market 2017-2021" report has been added to Research and Markets' offering. The report forecasts the global steel rebars market to grow at a CAGR of 6.83% during the period 2017-2021. The report, Global Steel Rebars Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a d
Read more...Graphite electrodes are used in a range of industries, and the steel industry is exposed via electric arc steel production and secondary steelmaking. Electrode prices have skyrocketed due to a shortage of needle coke, which is driving increases in electric arc furnace (EAF) conversion costs. Likewise, the cost of secondary steelmaking is rising, though to a lesser degree. While falling steel prices are expected to drive scrap prices lower, higher conversation costs will compound the
Read more...Steel Dynamics, Inc. one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release third quarter 2017 financial results after market close on Wednesday, October 18, 2017. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Thursday, October 19, 2017 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Financial Officer.
Read more...Global procurement market intelligence advisory firm, SpendEdge, has announced the release of their 'Stainless Steel Procurement Research Report.' The insights and data in this report provide an exclusive analysis of the supply market, factors influencing purchasing decisions, pricing models, key supplier landscape, procurement best practices, and a comprehensive analysis of the supplier capability matrix for the metals and mining industry. This report breaks down the data and analysi
Read more...4 October 2017
TimkenSteel and the United Steelworkers (USW) Local 1123 have reached a tentative agreement for a new four-year contract and, in the coming week, will finalize documentation of a formal agreement for presentation and ratification by the represented workforce. The date of the vote will be set and announced by the union. "We have reached an agreement that ensures our employees continue to earn some of the best wages in the region and in the steel industry nationally," said B
Read more...Ferroalloys are generally known as the alloys of iron metal in which one or more chemical additives are added into molten iron for steelmaking. Ferroalloys serves important function in the overall process of steelmaking by enhancing the general properties of iron metal. Steel making is one of the primary consumer of ferro alloys and consumes a significant part of the total ferroalloys produced around the globe. Ferroalloys can be divided into two major categories: bulk ferroalloys and noble f
Read more...Cleveland-Cliffs Inc. announced today that it has acquired United States Steel Corporation’s 15 percent equity interest in the Tilden Mining Company for $105 million in cash. Cliffs previously owned an 85 percent interest in the joint venture and now has 100 percent ownership of the mine. The transaction closed on September 29, 2017. With the closing of this transaction, Cliffs has added 1.2 million long tons of annual pellet production capacity and 55 million long tons of pro
Read more...29 September 2017
The report that is written on the titled Iron Powder Market 2017 covers all the aspects of the global market study. This report has an estimation about the Iron Powder Market size in terms of value (US$). The report contains the broad segmentation of the market. The report provides the information about the Iron Powder Market and also forecasts its position in the coming years. The global Iron Powder market is valued at XX million USD in 2016 and is expected to reach XX million USD
Read more...29 September 2017
Ternium S.A. today announced two new investment programs that will further develop its industrial system to better serve its customers. The company plans to install a new hot rolling mill at its Pesquería industrial center in Mexico, and to build a new steel reinforcing bar manufacturing facility in northern Colombia. The new state-of-the-art hot rolling mill in Mexico will target the growing industrial and commercial markets, improving customer service and reducing lead-time
Read more...28 September 2017
This CRU Insight is the second in a series of five that look at China's capacity reduction programme and its key implications. In this paper we examine the impact of improving capacity utilisation on domestic steel prices. Prices and margins improve, but why? Part of the answer lies in changes in marginal cost of production. This relationship is independent of any change in steelmaking raw materials costs, and any other input cost for that matter. When capacity utilisa
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