Oman’s Jindal Shadeed inaugurated its 1.5 million tpy hot briquette iron (HBI) plant on May 30
31 May 2011
India's Serious Fraud Investigation Office (SFIO), under the administrative control of India’s ministry of corporate affairs, has recommended prosecution of Vedanta Resources group company Sesa Goa, alleging that the company has indulged in under-invoicing and over-invoicing of exports and imports.
27 May 2011
Kobe Steel and four other Japanese investors have reached an agreement with the Venezualan government to offload their stake in Complejo Siderúrgico de Guayana, C.A. (Comsigua) to state-owned Corporación Venezolana de Guayana
26 May 2011
Midrex is targeting China as the next big market for its coal-based MXCOL direct reduction technology amid an expansion of mini-mills in the country and tighter environmental standards
25 May 2011
Kobe Steel plans to start construction of its iron nugget plant in Vietnam in 2012 instead of 2011 after switching location to more appropriate land
22 May 2011
CIS-origin basic pig iron delivered into European ports was steady this week, with distributors and producers expecting prices to hold at current levels or increase over the next two weeks. While sentiment was strong, many said the market was fairly quiet and that there was little or no increase in demand.
18 May 2011
Venezuelan hot briquetted iron (HBI) output and sales slumped nearly 30% last year to 1.99 million tonnes from 2.83 million tonnes in 2009, according to the International Iron Metallics Asson (IIMA). Two plants of Metalloinvest’s JSC Lebedinsky GOK in Russia produced and sold more than 2.2 million tonnes of HBI in 2010, up from around 2.16 million tonnes the previous year, the association said.
13 May 2011
Indian steel manufacturer Varun Industries will invest Rs18.2 billion ($407 million) in a new pig iron plant in Karnataka over the next five years, the company said on Tuesday.
10 May 2011
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09 May 2011
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09 May 2011