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Dynamic enterprise

Smart manufacturing, logistics to help Baosteel maintain steady output

Ever since the outbreak, Baosteel has been trying to strike a balance between epidemic prevention and stable production.

Tuesday, February 25, 2020

SAI Group Plans to Hike Rebar Capacity to 1.2 Million Tonnes in 3-5 Years

PTI reported that Kolkata based SAI Group is planning to invest INR 1,000 crore over the next 3-5 years in West Bengal for its steel business.

Monday, February 24, 2020

Jingye to axe 10pc of British Steel Workforce

The Telegraph reported that British Steel bidder Jingye is set to axe 400 jobs at the embattled firm's Scunthorpe plant as it closes in on a takeover.

Thursday, February 20, 2020

thyssenkrupp Reports Weak Quarterly Results

In a difficult economic environment, thyssenkrupp’s sales were virtually stable at EUR 9.7 billion in the first three months of the current fiscal year 2019/2020.

Monday, February 17, 2020

Brazililian steelmaker Usiminas' shipments fall 2% in 2019: company

The company's iron ore production in 2019 reached 7.38 million mt, up 31% from 2018.

Monday, February 17, 2020

Baowu Steel set to buy majority stake in peer

China Baowu Steel Group, the nation's largest steelmaker, is approaching its target of becoming a global industry leader with an annual output of 100 million metric tons as it intends to acquire a controlling stake in Chongqing Iron and Steel Co Ltd.

Thursday, January 2, 2020

Baowu Steel Group seeks to become global market leader

China Baowu Steel Group, the nation's largest steelmaker, is seeking to strike a balance between solid growth and sustainable development through supply-side structural reform.

Wednesday, December 18, 2019

Elkem : receives NOK 50 million in project support

[Ferro-Alloys.com ]Together with several partners, Elkem has been awarded funding for six projects from The Research Council of Norway in the application round 2019.

Tuesday, December 17, 2019