Relevant News

Shares of German steel giant thyssenkrupp plummet after net loss of 260 mln euros

Following the announcement, shares of thyssenkrupp were trading at under 12 euros last Thursday.

Tuesday, November 26, 2019

Malaysia Steel Works Posts Net Profit in Q3

Malaysia Steel Works Bhd’s net profit jumped 71.63% to MYR 10.08 for the third quarter ended Sept 30, 2019 from MYR 5.87 million year earlier.

Tuesday, November 26, 2019

Strong China housing data indicates support for construction steel

Stronger than expected floor space starts in China in October indicates demand for steel from the property construction sector could be stronger than anticipted in early 2020.

Tuesday, November 19, 2019

Tata Steel Europe set for restructuring, set to keep Port Talbot

Over the past three years, Tata Steel has been spending close to GBP120 million/year maintaining Port Talbot.

Tuesday, November 19, 2019

Turkish pipe exports to the US fall sharply due to Section 232

Exports to the US fell significantly in that period, amid the 25% Section 232 tariff.

Friday, November 15, 2019

SMB-Winning wins rights to Guinea's Simandou iron ore deposit

SMB, together with Singapore's Winning, won a tender to develop Simandou's blocks 1 and 2.

Thursday, November 14, 2019

ArcelorMittal Poland to idle Krakow blast furnace on November 23

ArcelorMittal Poland to idle Krakow blast furnace on November 23.

Thursday, November 14, 2019

US steel mill capacity utilization dips to 80.5%

US raw steel capacity utilization declined to 80.5% last week from 81.6% the previous week.

Thursday, November 14, 2019
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