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Minerals Technologies Inc. reported diluted earnings per share of $1.28, excluding special items, for the second quarter ended July 1, 2018.
ArcelorMittal Temirtau, a Kazakh unit, will suspend the export of hot-rolled steel coils to Iran due to the re-imposition of U.S. sanctions.
India is planning to impose “safeguards” on steel imports if the volumes coming into the country increase beyond a certain level.
China’s steel mills churned out record amounts of the construction material in June as producers rushed to cash in on hefty margins, even as a trade spat between Beijing and Washington intensified.
Essar Group said it has commissioned the country's largest iron ore handling complex at Vizag port which was built at a cost of Rs 830 crore.
Ministry of Energy, Industry and Mineral Resources in Saudi Arabia announced the completion of the adjusted mining investment system that allows investors and public sector to benefit.
Tata Chemicals has completed the acquisition of the silica business of Allied Silica for Rs. 123 crore and now to focus on producing vale-added silica products.
Reliance Industries Ltd is investing in setting up India's first carbon fibre manufacturing unit to cater to aerospace and defence needs.
With an investment of more than Rs 18,800 crore, the new Bhilai plant will enhance the production capacity of 7.5 MTPA, which is highest among all steel plants of SAIL.
Enabling expansion into new geographic markets, Ningbo Jintian Copper (Group) Co. Ltd. has signed
contracts with Southwire Company, LLC of Carrollton, Georgia, USA.
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