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Imperial Metals reports an increase in copper and gold production
Imperial Metals reported an increase in quarterly copper and gold production, with its Mount Polley and Red Chris mines in British Columbia up in the three months ended June. The TSX-listed company's production for the second quarter was 11.18 million pounds of copper...
HRC steel: seasonal slowdown keeps prices stable
On 24 July, domestic hot-rolled coil prices in Europe remained unchanged due to a seasonal slowdown. The number of offers remained limited, as most mills remained idle in the market due to full order books or the effects of planned maintenance. The market is very...
Ukraine’s Metinvest will build a steel plant in Italy
Ukraine's Metinvest intends to build a new steel plant in Italy. In fact, an official of the group recently confirmed news of plans to build a plant in this country or in Bulgaria. "Many have spoken about the fact that we are considering the possibility of building a...
Tata Steel’s first quarter profit plummets as expenses rise and prices fall
India's Tata Steel reported a staggering 92 per cent slump in quarterly profits, due to falling alloy prices and expenses related to a pension plan in the UK. Consolidated net profit was 6.34 billion rupees ($77.5 million) for the three months to 30 June, while total...