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Tag Archives: RUSSIA STEEL

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Russian, Indian Steel business environment remains challenging

The Instituto Aço Brasil (IABr) has reported that domestic finished steel sales in February totalled 1.48 million tons – down 15.6 percent, compared with last year’s figure. Nevertheless, the Brazilian steel industry remains upbeat over the general outlook for 2015, reported MEPS ...

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Russia’s Metalloinvest begins building $850 mln iron product plant

Russian iron ore producer Metalloinvest has begun construction of one of the world’s largest hot briquetted iron (HBI) plants, an estimated $850 million investment to strengthen its position in the European market for intermediate steelmaking ingredients.   HBI is a compacted form ...

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