China’s Jiangsu Shagang Co Ltd said on Monday it is expected to be the biggest shareholder of debt-strapped Dongbei Special Steel Group after a bankruptcy restructuring process. Owned by the Liaoning provincial government in the country’s “rustbelt” northeast, Dongbei Special Steel Group entered into the bankruptcy restructuring
Read more →By Maytaal Angel and Arnab Paul LONDON/BENGALURU (Reuters) – Tata Steel said on Tuesday it had agreed to sell its pipe mills in the north of England to UK-based metals and industrial group Liberty House for an undisclosed sum. The pipe mills in Hartlepool employ 140 people
Read more →It is a matter of great satisfaction that National Steel Policy 2017 prepared by steel ministry has been approved by the government for implementation. The earlier policy drafted in 2005 needed revision in view of the sweeping changes happening in the global and national economy impacting the
Read more →Global Oil Tempered Spring Steel Wire Market 2017 report presents the fresh industry data and forthcoming industry trends, allowing you to pinpoint the products and clients driving Revenue growth and profitability. The report – Global Oil Tempered Spring Steel Wire Market offers a comprehensive and executive-level overview,including
Read more →Timken Steel Corporation (NYSE: TMST) and AK Steel Holding Corporation (NYSE:AKS) are both basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, earnings, dividends, profitabiliy, risk and institutional ownership. Insider & Institutional
Read more →DecisionDatabases.com offers High Strength Steel Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2023. The global high strength steel market research report provides detailed information about the industry based on the volume (KT) and revenue (USD MN) for the
Read more →The stock of ALLOY STEEL INTERNATIONAL (OTCMKTS:AYSI) registered a decrease of 80% in short interest. AYSI’s total short interest was 200 shares in June as published by FINRA. Its down 80% from 1,000 shares, reported previously. The stock decreased 1.52% or $0.02 on June 28, reaching $1.3.
Read more →Shares of Prima Alloy Steel Universal Tbk (PRAS.JK) have recently come under renewed examination. The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in
Read more →The commerce ministry’s investigation arm – Directorate General of Anti-dumping and Allied Duties (DGAD) – is probing alleged dumping of ‘colour coated /prepainted flat products of alloy or non-alloy steel’ from China and the EU. The finance ministry has given more time till September 28 to the
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