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International Steels was founded by Amir Sultan Chinoy in 2007 as a joint-venture between International Industries Limited, Sumitomo Corporation, and JFE Steel. [6] [3] Its plant was commissioned in 2010 at a cost of $162 million and it had a capacity to produce 280,000 tons per annum of cold rolled coil from hot rolled coil, including 150,000 tons per annum of galvanized steel. [7]
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
The first index to track commodity futures prices was the Dow Jones futures index which started being listed in 1933 (backfilled to 1924). [1] The next such index was the CRB ("Commodity Research Bureau") Index, which began in 1958. Due to its construction both of these were not useful as an investment index.
The selection of the proper index to use depends on the industry in which it is applied. For example, while CE, M&S or IC Index are typically employed for chemical process industries, the ENR (Engineering News-Record) construction index is used for general industrial construction and takes in account the prices for fixed amounts of structural steel, cement, lumber and labor.
The line accepted coils up to 60" at a rate of 90 net tons an hour. The line was 553 feet long. Slitters Number 1 slitter This line had a maximum coil width of 44" and 70" in diameter. Slitting width was 2.001" minimum, 42.5" maximum. Built by Wean in 1948. Number 2 slitter 60" maximum coil width, 72" diameter. 5" minimum, 55" maximum slitting ...
The Libyan Iron and Steel Company (Lisco) is one of the largest iron and steelmaking companies operating in North Africa. Based in Misrata , it is subsidized and owned by the Libyan government. Lisco's foundation stone was officially laid on 18 September 1979.
Tornio Works produces hot rolled and cold rolled coils and sheets cut from coil, with an annual output of one million tonnes. The site consists of ferrochrome smelting, two steel-melting shops, a hot rolling mill and two cold rolling mills. The steel works were built in 1975–1976.