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Turkey’s CVS Technologies to upgrade South African steelmaking mill
Turkish plantmaker CVS Technologies will upgrade the existing meltshop and rolling mill of South African steelmaker Cape Town Iron and Steel Company.
China's average daily crude steel output up 3.8 percent in early April
In early April (Apr. 1-10) this year, the average aggregate daily crude steel output in China was approx. 2.152 million mt, up 3.8% from late March.
NBS: China’s new house prices continue to rise in March
In March this year, of 70 major Chinese cities surveyed, 69 cities saw higher new house prices, while just one city saw lower prices, y-o-y.
Non-residential building investments drop in Q1 in Canada
Investment in non-residential building construction was down 0.6 percent from the previous quarter to $12.9 billion in the first quarter.
SDI reports lower Q1 income than previous quarter, year
Steel Dynamics, Inc. announced Wednesday first quarter net income of $39 million, or $0.17 per diluted share, on net sales of $1.8 billion.