Tag «Steel»

Steel remains the best solution based on a number of criteria, including sustainability: Mr Lakshmi Mittal, Chairman and CEO ArcelorMittal – Speech delivered at Steel Success Strategies XXIX

New York, 17 June 2014 Good morning everyone. I am delighted to be here with all of you today. I missed last year’s event, so it’s good to be back. Today I want to speak to you about two main points: one about the material and the second about the general economic health. I have …

Siemens invests in environmental specialist LanzaTech

• Investment complements existing collaboration in development and marketing of environmental solutions for steel industry The Venture Capital unit of Siemens Financial Services and central venture capital organization of Siemens (SFS VC) is investing in LanzaTech, a US-based technology leader in the biological generation of fuels and basic chemicals from industrial waste gases. The Siemens …

Index of Core Eight

The Eight Core Industries have a combined weight of 37.90 % in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 168.2 in January, 2014, which was 1.6 % higher compared to the index of January, 2013. Coal Coal production (weight: 4.38 %) declined by 0.7 % in January, 2014 …

EU Action Plan for Steel: “The real emergency in terms of policy is the energy and climate policy in Europe”

The Commission meets 14 member states and the CEOs of the EU’s largest steelmakers European Commission Vice-President Antonio Tajani and the Commissioner for Employment, László Andor, have convened a High Level Group on the future of the European steel industry, meeting tomorrow, 4 December, in Brussels. The 14 largest steel producing EU member states, the …

Chinese Companies Sign MoUs for Procuring 338 Million USD Products from Indian Companies. Commerce Department Organize B2B Matchmaking Companies to Promote Indian Exports

In a structured process of procurement of Indian products15 MoUs between Indian and Chinese companies, worth value of 338 million USD were signed today. The products regarding which procurement MoUs were signed include zinc concentrates & copper concentrates, cotton yarn, frozen fish/ linter, cotton & cotton yarn, menthol, castor oil &guar gum, acrylic tow, Indian …

Production and Consumption of Steel

The Minister of Steel, Shri Beni Prasad Verma has said that data on production for sale, real consumption and stock of total finished steel (alloy + non-alloy) during the last three years and the current year is given below:-   Year Total Finished Steel (alloy + non-alloy)   (million tonnes or mt) Production for sale Real Consumption …

Steel on Stilts? – Chawm Ganguly

The Rupee is on a free fall. And naturally, in its wake, it has dealt a body blow to all industries dependent on imports. Take metallurgical coke for instance. This vital raw material for those producing steel through the blast furnace route is rising, reflecting the Rupee-Dollar dichotomies.  While the merchant coking coal companies are …

EVRAZ Q2 2013 PRODUCTION REPORT

EVRAZ plc (LSE: EVR) today releases its operational results for the second quarter of 2013. Q2 2013 OPERATIONAL HIGHLIGHTS:   Consolidated crude steel production was flat in Q2 2013 vs. Q1 2013 and the Company’s key steelmaking facilities in Russia and North America continued operating at high utilisation rates Output of steel products increased by …