Crude Steel Output Grows 1.2%

BRUSSELS (Yosefardi) – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 132 million tonnes (Mt) in April 2013, an increase of 1.2% compared to April 2012, mostly due to strong growth in China. China’s...

Timah Eyes Rp1 Trillion Profit

JAKARTA (Indonesia Today) – State tin producer PT Timah Tbk (TINS) expects its net profit to reach Rp1 trillion this year, jumps 132% from Rp431.6 billion in 2012, Bisnis Indonesia reported this morning. Akhmad Rosidi, Timah’s finance director, said the...

World Steel Production Down 1% in August

BRUSSELS (Indonesia Today) – World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 124 million tons (Mt) in August 2012, a decrease of -1.0% compared to August 2011. ?? China???s crude steel production for...