STEEL

Two major players in the field of mining and steel production have decided to join forces in Brazil.On February 23rd, ArcelorMittal and Votorantim announced that they will merge operations in Brazil. The resulting company, which will have an estimated production of 5.6 million tons of crude long steel per year,…
The recently commissioned ferro-chrome plant of Tata Steel at Gopalpur Industrial Park in Ganjam district of Odisha, has achieved a major milestone with the first ever production of ferro-chrome on February 25, 2017, with compliance to all technical parameters. Chromite briquettes used for making ferro-chrome have been produced by the…
Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has extensively increased its presence inoffshore Egypt in 2016, booking several large orders. The total contract values from the ordersin 2016 across the scope of supply arein excess of 100 million Euros (107 million…
Nigeria and South Africa have concluded an agreement on mining sector cooperation, suggesting that Nigeria is taking the promotion of mining seriously. Abuja sees the sector as a key part of its diversification plan. It has toughened its stance on informal mining operations and is seeking to see the mothballed…
On behalf of Saarland’s steel industry, SHS Ventures, a venture capital company, has acquired a stake in Mapudo GmbH, an independent trading platform for steel traders based in Düsseldorf. The investment in the single digit million range has taken place along with two other investors, the NRW.Bank and HR Ventures,…
Page 1 of 2

Subscribe To Our Newsletter

Security Q:How many eyes has a typical person? (ex: 1)
Name:
Email: