BRC Asia claims cost savings over S$2.1 million settlement compensation to supplier

BRC Asia has announced that its replacement of a steel-supply contract with a cheaper deal amid sliding steel prices has enabled it to save at least S$25 per tonne – even after taking into account the S$2.1 million it had to pay to compensate the first supplier.

The businesstimesDec 5, 2023 09:34

Earnings Flash (SCHN) SCHNITZER STEEL INDUSTRIES Reports Q4 EPS $0.50, Vs. Street Est of $0.46

08:02 AM EDT, 10/24/2022 (MT Newswires) --

MT NewswiresOct 24, 2022 20:02

H2 Green Steel Secures $3.4 Billion Loans to Build Hydrogen-powered Steel Plant

07:53 AM EDT, 10/24/2022 (MT Newswires) -- Swedish start-up H2 Green Steel said Monday it secured 3.5 billion euros ($3.4 billion) in debt financing from several European lenders to support the constr

MT NewswiresOct 24, 2022 19:54

Leading European Financial Institutions Support H2 Green Steel's €3.5 Billion Debt Financing

STOCKHOLM, Oct. 24, 2022 /PRNewswire/ -- H2 Green Steel announces it has received support from leading European financial institutions for its €3.5 billion debt financing. The institutions intend to

PR NewswireOct 24, 2022 19:45

For the first three quarters of the year, 300797.SZ reported a net profit of 74.26 million yuan, up 5.79% from the same period last year.

Zhitong Financial and Economic APP News, Steel Research Nack (300797.SZ) released a report for the third quarter of 2022. In the first three quarters, the company achieved operating income of 523 million yuan, an increase of 9.02% over the same period last year, and a net profit of 74.26 million yuan belonging to shareholders of listed companies, an increase of 5.79% over the same period last year. Net profit belonging to shareholders of listed companies excluding non-recurring profits and losses was 48.06 million yuan, down 10.22% from the same period last year.

Zhitong FinanceOct 24, 2022 19:40

Lixing General Steel Ball Explores New Factory in Mexico

07:36 AM EDT, 10/24/2022 (MT Newswires) -- Jiangsu Lixing General Steel Ball (SHE:300421) is in talks to invest in a factory in Mexico to produce precision rolling elements, it said Monday. The Chines

MT NewswiresOct 24, 2022 19:38