Tata Steel announced quarterly profit in the quarter ended 31 December due to the increasing demand of its steel products in Europe, which is the company’s largest market.
Tata Steel Ltd (TISC.NS) posted a smaller-than-expected third quarter profit on Tuesday partly due to high costs in its main European market which squeezed margins.
AK Steel AKS +5.09% said today that the company's Middletown (OH) Works coke plant has received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute (ACCCI), a leading industry trade organization.
Reuters reported that a trade union has demanded Japan's largest steelmaker, Nippon Steel & Sumitomo Metal Corporation hike basic wages for the first time in 14 years and share the profits generated by the government's Abenomics stimulus policies.
[Ferro-Alloys.com] Spain’s output of crude steel in 2013 was up by 1.5% year-on-year, totaled at 13.8 million tons, but the figure is similar to the level back to 1997.
Ferro-alloys.com] National Development and Reform Commission (NDRC) released 2013 iron & steel industry running report recently. According to the report, profit of steel industry was RMB 258.8 billion (USD43.1 billion) in 2013,
[Ferro-alloys.com]It is reported that Bolivian government is evaluating a Chinese company’s proposal to build up a new steel plant in Mutún, eastern Bolivia.