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Nanjing Iron & Steel to sell 12.4 mln shares in Jiangsu-based e-commerce firm for 18.2 mln yuan

Friday, 20 Oct 2017

Oct 20(Reuters) - Nanjing Iron & Steel Co Ltd <600282.SS> ::Says it plans to sell 12.4 million shares in Jiangsu-based e-commerce firm for 18.2 million yuan .Says it will hold 63.7 percent stake in Jiangsu-based e-commerce firm after the transaction.

Hwang Kum Steel & Technology unit Interconstech to merge with Hightechservice

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Hwang Kum Steel & Technology Co Ltd <032560.KS> : :Says its unit Interconstech Co Ltd plans to merge with Hightechservice.,Co Ltd with merger ratio of 1:0 .Says Interconstech Co Ltd will survive and Hightechservice.,Co Ltd will be dissolved after merger .Expected merger effective date is Dec. 22 .

Russia's TMK says shipped 1.0 mln T of steel pipe in Q3

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Russia's TMK ::Says shipped 1.0 million tonnes of steel pipe in Q3, up 5 percent q/q, due to higher demand for welded pipe;.Says consumption of oil country tubular goods (OCTG) and seamless industrial pipe to remain high in Russia in Q4;.Says the Russian pipe market is forecast to remain flat in 2017;.TMK expects its American division to significantly improve its financial results for the second half 2017;.TMK anticipates continued strong demand for industrial pipe in the European market, which will continue to support higher prices..


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