BlueScope Steel Announces Strong Full Year Results
[Steelonthenet.com] Melbourne, Australia; 18 Aug 2008 - At its annual results presentation in Sydney today, BlueScope Steel announced a reported Net Profit After Tax (NPAT) for FY08 of USD596 million and underlying NPAT of USD816 million (an increase of 27%). This result delivers underlying earnings per share of USD1.10 and....
http://www.bluescopesteel.com/index.cfm?objec...

Rio Tinto invests USD 500 million for regional power upgrade in the Pilbara
[Steelonthenet.com] London, UK; 15 Jul 2008 - Rio Tinto has announced an investment of over USD 500 million in cleaner, more sustainable power generation to support its expansion of iron ore mining capacity in Western Australia. It will build generation and transmission infrastructure near Karratha worth USD 503 million (US....
http://www.riotinto.com/media/5157_7912.asp.

NLMK signs contract to build new power plant
[Steelonthenet.com] Lipetsk, Russia; 04 Jul 2008 - Within the framework of NLMK's Phase 2 Technical Upgrading Programme, the company has signed a contract to build a new 150 MW Power Plant at its main production site in Lipetsk. Commissioning additional power facilities will allow NLMK to increase its Lipetsk production sit....
http://www.nlmksteel.com/StandardPage____1079...

ISSF: Global stainless steel production recovers in first quarter
[Steelonthenet.com] Brussels, Belgium; 02 Jul 2008 - According to preliminary figures released today, global stainless steel production was 7.4 million metric tons (mmt) in the first quarter of 2008. The figures, published by the International Stainless Steel Forum (ISSF), show that stainless steel production increased by 6....
http://www.worldstainless.org/News/Media+rele...

Living Steel Announces Finalists for 3rd International Architecture Competition
[Steelonthenet.com] Turin, Italy; 02 Jul 2008 - Living Steel today announced winners for its 3rd International Architecture Competition for Sustainable Housing, which presented architects with the task of creating energy efficient, single-family, detached housing that minimises climate change emissions and can withstand tem....
http://www.livingsteel.org/latest-news/living...

Novolipetsk Steel to Acquire John Maneely Company for USD 3.53 billion
[Steelonthenet.com] Moscow, Russia and Washington, USA; 13 Aug 2008 - Novolipetsk Steel, the leading Russian steel producer, has signed a definitive agreement to acquire U.S. steel pipe and tube manufacturer John Maneely Company (JMC) from a shareholder group including global private equity firm The Carlyle Group and the Ze....
http://www.nlmksteel.com/StandardPage____1087...

IISI: June 2008 Crude Steel Production
[Steelonthenet.com] Brussels, Belgium; 18 Jul 2008 - World crude steel production for the 66 countries reporting to the International Iron and Steel Institute (IISI) was 118.8 million metric tons (mmt) in June. This is 5.9% higher than the same month last year. Total world crude steel production was 696 mmt in the first hal....
http://www.worldsteel.org/index.php?action=ne...

Metalloinvest Holding gets USD 1.3 bln syndicated loan
[Steelonthenet.com] Moscow, Russia; 18 Jul 2008 - Metalloinvest Holding (represented by JSC Lebedinsky mining and processing plant and JSC Oskol electrometallurgical plant) gets $1.3 billion syndicated loan with the possibility to increase it to $2 billion. The credit period is 60 months; the loan pays a margin of 2 percent....
http://metinvest.com/eng/newspage.aspx?id=96.

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