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Europe 'negligent' over Chinese steel dumping: US boss The head of US Steel has accused Britain and the wider European Union of negligence over China dumping cheep steel on world markets.
11 апреля 2016
Photo © RIA Novosti ArcelorMittal Temirtau and local labor authorites locked in battle over wages cuts Kazakhstan Labor Inspection has prohibited ArcelorMittal Temirtau to cut wages and the company plans to file a protest.
14 августа 2015
©Reuters ArcelorMittal Temirtau cuts wages by 25% ArcelorMittal Temirtau, a steel giant in Kazakhstan, is cutting wages of all its employees by 25 percent starting from August 1.
31 июля 2015
©REUTERS Kazakhstan to return 4.1 billion tenge of VAT payments to ArcelorMittal Temirtau The Taxation Department of Karaganda Oblast has began a check to confirm the outstanding debt of Kazakhstan tax authorities to ArcelorMittal Temirtau.
13 февраля 2015
Photo © Kazinform Attract transnational corporations to build new processing plants: Nazarbayev President of Kazakhstan Nursultan Nazarbayev has instructed Kazakh officials to attract large transnational corporations during a nationwide teleconference dedicated to the Day of Industrialization.
06 января 2015
©Reuters/Rebecca Cook Russian steelmaker Severstal announces sale of US plants Russia's steel giant Severstal announced on Monday the sale of its North American plants to US companies for a total of $2.3 billion (1.7 billion euros).
22 июля 2014
Photo courtesy of wikipedia.org Hong Kong steel firm pays $470 mn for 5-star Paris hotel A Hong Kong steel investment firm said it has agreed to pay almost $470 million for the five-star Paris Marriott Hotel Champs-Elysees, as it targets Chinese tourists' desire for luxury travel.
18 июня 2014
©Reuters/Adnan Abidi Global world steel use set to grow 3.1 pct this year Global steel use is expected to grow 3.1 percent this year, up from two percent last year and to expand 3.3 percent in 2014.
08 октября 2013
China to deal 'appropriately' with EU steel challenge China said it will deal "appropriately" with the European Union's decision to challenge it at the World Trade Organisation after Beijing slapped duties on some steel products, in the latest salvo in the row between the two sides.
14 июня 2013
©REUTERS China steel industry says profits plunge The combined profits of China's major steelmakers crashed by more than 98 percent in 2012 as growth in the economy of the world's largest steel producer slowed.
01 февраля 2013
©RIA Novosti Cutting over 400 jobs in Pavlodar linked to suspension of export to Iran Pavlodar oblast authorities have linked firing of over 400 employees of the steel plant with suspension of export of goods to Iran.
07 декабря 2012
Photo courtesy of grani.ru Pavlodar steel plant to cut over 400 jobs The company explained that the cuts were a forced measure caused by decreasing demand for their products and shrinking production volumes.
29 ноября 2012
ArcelorMittal warns France over pressure on Florange Steel giant ArcelorMittal warned the French government Friday that efforts to force it to sell all of its Florange plant, rather than just the parts it wants to close, threaten the company's presence in France.
25 ноября 2012
Nippon Steel & Sumitomo Metal Corp Chairman and CEO Shoji Muneoka. ©REUTERS/Kim Kyung Hoon World's 2nd largest steel firm born in Japan Japan's Nippon Steel and rival Sumitomo Metal Industries formally merged on Monday, creating the world's second largest steelmaker amid intensifying global competition.
02 октября 2012
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