Author Archives: talib

Malaysia: Chinese-Malaysian JV starts billet production in Teluk Kalung

  ArgusMedia – Malaysian steel producer Hiap Teck Venture and its Chinese partner Shougang have started billet production at their Eastern Steel joint-venture plant in Malaysia. The mill will initially produce 700,000 t/yr of semi-finished casting products such as billets and slabs, rising to 1.5mn t/yr when the first phase ...

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US Steel Corp. to cut production

U.S. Steel Corp., headquartered in Pittsburgh, has announced plans to temporarily adjust operations at its Lone Star Tubular Operations in Lone Star, Texas, and at its Fairfield Tubular Operations in Fairfield, Alabama. The company’s Fairfield Works plant, the primary flat-roll supplier of rounds to its Fairfield Tubular Operations, also will ...

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Inauguration of Teluk Rubiah Maritime Terminal : Vale

  According to Vale,With a capacity of handling 30 million metric tons of iron ore per year, TRMT will serve as a strategic distribution hub to the customers in Asia. Until November, TRMT had already unloaded eight Valemaxes and loaded nine Capesizes and one Panamax successfully. On 7th November 2014, ...

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Ezz Steel signs $US 236 million long-term financing agreement

  In a bid to restructure its debt, Egypt’s biggest steel maker, Ezz Steel, had agreed to a long-term financing contract with the National Bank of Egypt and Arab African International Bank in a deal valued at $236 million, it emerged late on Monday. The credit line will be refunded ...

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