steel market

News tagged with steel market on Mining Top News

General Steel Holdings to Present at Susquehanna Financial Group’s Second Annual Beijing Management Summit in Beijing

September 4th, 2008
General Steel Holdings to Present at Susquehanna Financial Group’s Second Annual Beijing Management Summit in Beijing

General Steel Holdings, Inc., one of China’s leading non-state owned steel products producers today announced that the Company will present at the Susquehanna Financial Group’s Second Annual Beijing Management Summit held at the Beijing Grand Hyatt Hotel. Mr. John Chen, CFO, Ms. Jing Ou-Yang, Investor Relations Manager, and Mr. Ross Warner, Director, are scheduled to [...]

Rising Prices of Iron Ore, Coke, Coal and Other Raw Materials Are the Main Factors to Push up Chinese Steel Prices in 2008

September 2nd, 2008
Rising Prices of Iron Ore, Coke, Coal and Other Raw Materials Are the Main Factors to Push up Chinese Steel Prices in 2008

Research and Markets has announced the addition of the “China’s Steel Industry Research Report 2007-2008″ report to their offering.
In 2007, China’s crude steel production was 487 million tons, up 15.63 percent year on year. The global crude steel production was 1.316 billion tons, up 8.2%. In terms of the rapid growth of Chinese steel production, [...]

NYMEX to Launch Domestic Hot Rolled Coil Steel Futures Contract

August 4th, 2008
NYMEX to Launch Domestic Hot Rolled Coil Steel Futures Contract

The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc., announced that it plans to introduce a futures contract based on prevailing market prices for hot-rolled steel coil in the U.S. Midwest region (U.S. Midwest domestic hot-rolled coil steel) early in the fourth quarter of 2008. The contract will be financially settled against [...]

ArcelorMittal Announces Acquisition of Concept Group

July 21st, 2008
ArcelorMittal Announces Acquisition of Concept Group

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”).
Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and [...]

ArcelorMittal Acquires Outstanding Shares in Rolanfer Recyclage S.A.

July 16th, 2008
ArcelorMittal Acquires Outstanding Shares in Rolanfer Recyclage S.A.

ArcelorMittal announces is has acquired the outstanding 60% of the shares in Rolanfer Recyclage S.A. (“Rolanfer”) which now gives it 100% control over the company.
Rolanfer is based in Yutz (France) near Thionville on the border with Luxembourg and operates a shredder at the port of Illange. Rolanfer specialises in the processing and recycling of scrap [...]

ArcelorMittal Acquires Astralloy

July 1st, 2008
ArcelorMittal Acquires Astralloy

ArcelorMittal, the world largest integrated metals and mining company, has acquired Astralloy Steel Products Inc. (“Astralloy”) a subsidiary of IMS International Metal Service. Astralloy operates three warehouses and employs 60 people in North America. Its 2007 revenues were USD 34 million.
About ArcelorMittal
ArcelorMittal is the world’s largest integrated metals and mining company, with over 310,000 employees [...]

ArcelorMittal Increases Shareholding in Macarthur Coal to 19.9%

June 30th, 2008
ArcelorMittal Increases Shareholding in Macarthur Coal to 19.9%

ArcelorMittal today announces that it has increased its stake in Macarthur Coal Limited (ASX: MCC - News) from 14.9% to 19.9%, following the acquisition of a further 5 % stake (10,607,830 shares) from Talbot Group Holdings.
The shares were purchased at $ AUD 20, bringing ArcelorMittal’s total investment in Macarthur Coal to $ AUD 843 million. [...]

ArcelorMittal Welcomes Allocation of Karampada Iron Ore Resource for Its Jharkhand Steel Plant

June 11th, 2008
ArcelorMittal Welcomes Allocation of Karampada Iron Ore Resource for Its Jharkhand Steel Plant

ArcelorMittal welcomes the allocation of a mining lease in respect of the Karampada iron ore deposit to the Company by the Governments of India and Jharkhand for its integrated steel plant to be based in Jharkhand.
The Karampada iron ore deposit is located in West Singhbhum district of Jharkhand with estimated reserves of 65 million tons [...]

ArcelorMittal Announces Acquisition of Canadian Metals Recycler Bakermet

June 9th, 2008
ArcelorMittal Announces Acquisition of Canadian Metals Recycler Bakermet

ArcelorMittal, the world’s largest and most global steel company, today announced that it has signed an agreement to acquire Bakermet, a market leader in the scrap metal recycling industry in Eastern Ontario, Canada.
Bakermet, which specializes in all types of ferrous and non-ferrous metal, processed approximately 130,000 short tons of ferrous and 40 million pounds of [...]

New Metals & Mining in Belgium Report

May 22nd, 2008
New Metals & Mining in Belgium Report

Research and Markets has announced the addition of “Metals & Mining in Belgium” to their offering.
Our Metals & Mining in Belgium industry profile is an essential resource for top-level data and analysis covering the metals & mining industry. It includes detailed data on market size and segmentation, plus textual and graphical analysis of the key [...]