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U.S. Steel Corp. completed its acquisition of the remaining 50.1% of Big River Steel Corp.’s shares
U.S. Steel Corp. recently bought the remaining 50.1% of Big River Steel. The acquisition cost $774 million, while U.S. Steel spent about $700 million when it acquired a 49.9% stake in Big River Steel in November 2019. |
India's JSW Steel to reach 23mn t/yr capacity in March
Indian steelmaker JSW Steel aims to complete 5mn t/yr of expansion projects by the end of March, increasing its crude steelmaking capacity to 23mn t/yr. |
Jinduicheng Molybdenum Co.,LTD Net profit of 173 million in 2020 decreased by 69.55% Market prices for molybdenum products continue to fall
Recently, Jinduicheng Molybdenum Co.,LTD issued 2020 performance announcement, the announcement showed that January-December 2020 operating income of 7.6271756 billion yuan, 16.66% lower than the same period last year; |
Masteel Group expects an annual net profit in 2020 about 1.979 billion yuan
The net profit attributable to shareholders of listed companies after deducting non recurring profit and loss is about 1.418 billion yuan |
Baogang shares: proposed establishment of 6 wholly owned subsidiaries
On the evening of January 28, Baotou Iron and Steel Co., Ltd. announced that in order to reform the market sales model and mobilize the enthusiasm of the sales system and personnel, the company plans to set up a total of 6 wholly owned subsidiaries in North Ch... |
Relying on Taishan Iron and Steel to cultivate the stainless steel industry ecological circle
Recently, Jinan has clearly put forward the deployment of “promoting the industrial cluster development of fine steel and advanced materials”, and has made clear the requirements of “relying on Taishan Iron and Steel and cultivating steel industry ecologica... |
Commencement of the first section of the OBI ferronickel project in Indonesia
According to China Metallurgical International, China Metallurgical International construction of the first section of the Indonesian OBI ferronickel project has officially started on January 25. |
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