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Sputnik reported that scientists from Tomsk Polytechnic University have improved the alloying process, allowing not only the wear-resistance of materials to be increased, but also giving them some qualitatively new...
Chinese state owned Baowu Steel Group inked an agreement with Magang (Group) Holding Co Ltd to secure a 51% stake in the latter. Mr Chen Derong, chairman of Baowu said the partnership was a continuation of the long-term...
JSW Steel Ltd informed BSE that it has repaid debt of INR 1,148.59 crore to take a release of 5.07 crore of its pledged shares, representing about 2.09% of its share capital. The debt was repaid by three promoter...
For the first time in over 50 years of cooperation, Primetals Technologies and Tata Steel Europe have commissioned a Level 2 system for a continuous caster completely online. In mid-July 2019, the newsystem from...
WA reported that Australia’s largest steel company BlueScope in 2013 elevated Mr Jason Ellis, the son of former BHP chairman Mr Jerry Ellishim from a regional divisional manager in Thailand to one of the most senior...
TASR reported that labour unionists delivered a petition signed by employees of US Steel Kosice to Prime Minister Peter Pellegrini urging the Government to take action to help save steel industry jobs in both Slovakia...
The trend toward connected, self-driving, shared and electric vehicles is quickly moving from concepts to commercial viability. Self-driving vehicles will introduce a new kind of freedom both for the driver and its...
VNA reported that escalating trade tensions and rising protectionism have caused a formidable pressure on Vietnamese steel sector. The Vietnam Steel Association has said local steel producers faced difficulties in the...
Mr Paolo Rocca, Tenaris Chairman & CEO, participated in the first Saudi Iron & Steel Conference in Riyadh.
Toyota Tsusho America and Modumetal have announced an agreement of a non-binding MoU for the establishment of a joint venture to deploy Modumetal’s patented nanolaminated alloy product NanoGalv, which can be used for...
SSAB, LKAB and Vattenfall, the owners behind the HYBRIT initiative, will participate in the Climate Week NYC and UN Climate Action Summit in New York.
WDBJ7 reported that Banker Steel Company announced the completion of the structural steel for the One Vanderbilt project in New York. The steel used in One Vanderbilt was fabricated in the Virginia and New Jersey plants...
O’Neal Industries Inc recently announced the acquisition of the assets of G&L Manufacturing, headquartered in Cookeville, Tennessee with a second facility in Denver, Colorado.
Lebedinsky GOK part of Metalloinvest has passed a recertification audit of its occupational health and safety management system in line with the new ISO 45001:2018 standard.
Leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel Metalloinvest announced the opening of a new credit line for pre-export financing with a club of...
Severstal’s Cherepovets Steel Mill has implemented an environmental investment project aimed at improving the quality of wastewater worth about 15 million rubles.
Economic Times reported that Indian steel industry captains have called on the government to exercise caution while finalizing the multilateral trade agreement India’s Regional Comprehensive Economic Partnership. Mr...
Ratings agency ICRA said that the domestic steel consumption growth is expected to decelerate to around 5%-6% in FY2020 as compared to 7.9% in FY2019, on the back of an unprecedented slowdown in economic activity, as...
The Hindu Business Line reported that JSW Steel has cut its capital expenditure plans in the US by 60% to USD 400 million due to weak demand and a slowing economy. Mr Seshagiri Rao, Joint Managing Director, JSW Steel,...
POSCO announced that it will actively target the super alloy stainless steel market to make sulfur scrubbers ahead of next year, when tighter sulfur oxide emissions guidelines on ships come into effect. Through...
United States Steel Corporation has provided third quarter 2019 guidance. It said “We expect third quarter 2019 adjusted EBITDA to be approximately USD 115 million, which excludes approximately USD 53 million of...
Texas US based steel manufacturing, processing, and distribution company Friedman Industries Incorporated announced today the appointment of Mr Michael J Taylor as President and Chief Executive Officer of the Company,...
Emirates Steel CEO Mr Saeed Ghumran Al Remeithi said that GCC steel producers should shift their focus towards the manufacturing industry as the manufacturing base will continue to grow in the coming years.
PJSC Severstal has embarked on an active phase of work under the Step up program of the World Steel Association, which aims to reduce its impact on the environment and climate. This project will allow the Cherepovets...
Steel Dynamics Inc has provided third quarter 2019 earnings guidance in the range of USD 0.66 to USD 0.70 per diluted share.
| USD | Value | DoD | WoW | MoM | QoQ | YoY |
|---|---|---|---|---|---|---|
| USD | 1.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
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| BRL | 4.168 | 0.057 | 0.087 | 0.183 | 0.312 | 0.036 |
| CAD | 1.327 | -0.003 | 0.012 | 0.002 | -0.002 | 0.035 |
| CNY | 7.087 | -0.016 | -0.024 | 0.023 | 0.172 | 0.238 |
| EUR | 0.904 | -0.002 | 0.000 | 0.011 | 0.022 | 0.049 |
| GBP | 0.796 | -0.001 | -0.013 | -0.032 | 0.010 | 0.036 |
| INR | 70.837 | -0.418 | -0.904 | -0.262 | 1.417 | -1.248 |
| JPY | 107.867 | -0.022 | 0.088 | 2.415 | -0.608 | -4.288 |
| RUB | 64.030 | -0.337 | -1.346 | -1.415 | -0.522 | -2.740 |
| ZAR | 14.766 | 0.042 | 0.146 | -0.497 | 0.102 | 0.109 |
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