Nigeria to pay $496 million to settle claims over steel plants
Mining News Pro - Nigeria has agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Ltd following the termination of a contract to upgrade the country’s steel plants, the presidency said on Saturday.
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Visit: 707
New monthly production record in Chadormalu steel plant
Mining News Pro - Chadormalu Mining and Industrial Company recorded a new monthly production in December 2021.
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Visit: 730
Blast destroys roof at Russia’s NLMK steel plant, injures worker
Mining News Pro - A blast at a plant of Russia’s steelmaker NLMK destroyed the roof of its coal storage facility and caused a brief fire late on Sunday, the Russian emergency ministry and the company said.
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Visit: 487
South Korean Steel Majors Inspect RINL’s Vizag Unit taking a Step Ahead in Setting up Steel Plant in India
Mining News Pro - In September last month, the Indian steel ministry had initiated talks with Japanese and Korean steel companies for setting up a 5-mtpa steel plant through a joint venture with state-run Rashtriya Ispat Nigam (RINL) in Vizag (Visakhapatnam).
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Visit: 1708
Liberty House Enters into a Deal with Arcelor Mittal to Buy its Four Steel Plants in Europe
Mining News Pro - As per the latest reports, steel and mining major ArcelorMittal on Friday said it has entered into a pact to with British-owned metal producer Liberty house to sell four of its European steel plants.
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Visit: 971
Indian Steel Majors Gear up to Set up Steel Plants in Odisha after Approvals from the State Government
Mining News Pro - Mineral-rich Odisha is aspiring to become a manufacturing hub in India with downstream metal industries and is likely to have an incremental steel capacity of 56 MnT per annum (MTPA) in the next few years, taking its overall production level to more than 100 MTPA by 2030.
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Visit: 1104
Inauguration of 4 mineral projects in Semnan province / Shahrood steel plant with a capacity of 300 thousand tons of billet and 1,190,476 dollars of capital ready for exploitation
Mining News Pro - The head of the organization, industry, mining and trade of Semnan province said that at the same time as the government week, six industrial and mining projects will be utilized in the province, which will be four mineral deposits.
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Visit: 1128
Russia’s MMK Postpones Relaunch of its Steel Plant amid Uncertainty in Global Trade
Mining News Pro - After about four years of slump in global steel demand which has led to closure and bankruptcy of many steel companies worldwide, the same had started showing signs of revival since the latter half of 2017.
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Visit: 2836
Chinese Firm to Set up a New Stainless Steel Plant in Guangdong Province
Mining News Pro - A Chinese steel company, ‘Zhejiang Yongjin Metal Technology Co. Ltd (ZYMTCL)’ has recently announced its plans to invest RMB 1.81 billion (USD 276 million) to build a precision stainless steel processing project in the south of the country in Yangjiang city of Guangdong province.
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Visit: 1062
Chinese Firm Eyes Setting up of a Steel Plant in Philippines
Mining News Pro - According to industry reports, Chinese conglomerate Panhua Group has signed an agreement with the Philippine Economic Zone Authority (PEZA) to put up a USD 3.5-billion integrated steel plant in the Philippines.
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Visit: 1158
With the clearance of equipment from Bandar Abbas customs and entering the site:
The installation of Sefid Dasht steel plant was started
Mining News - CEO of Sefid Dasht Steel company of Chaharmahal and Bakhtiari announced: Due to the arrival of the equipment of the Sefid Dasht steelmaking project to site, the installation of the plant equipment started.
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Visit: 1147