07.03.2015

Romania's production of steel, rolled products and pipes dropped from 17.6 million tons after 1990 to 7.1 million tons last year. The number of employees in the steel industry went from 143,000 to more

05.19.2015

ArcelorMittal Galati, the largest steel plant in Romania, will continue to shed jobs for three to four years from now. This is a vital condition for the survival of the plant that had 27,000 employees more

05.13.2015

Steel plant ArcelorMittal Galati posted 3.59 billion lei (EUR805 million) revenue last year, 3.2% lower than in 2013 and RON480 million loss. The plant’s business was hurt by the drop in steel more

03.18.2015

ArcelorMittal group will invest EUR40 million at its Romanian steel plant in Galati in 2015, but the number of the plant's employees is likely to decrease by applying a new voluntary redundancy more

07.07.2014

Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, reported a turnover of nearly 45 million lei (EUR10.27 million) in the first six months, up 43% on the year, due to the more

06.03.2014

Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, put into operation a new production line at the end of April, part of an investment program of EUR5 million carried out more

04.25.2014

ArcelorMittal Galati, Romania’s largest steelmaker, controlled by Indian billionaire Lakshmi Mittal, halved its losses last year against 2012, when it reported a minus of 231 million lei (EUR53 more

01.14.2014

The construction materials market, which accounts for about one third of the construction sector, stood at some EUR3.2 billion last year, about the same as in 2012. more

09.26.2013

The power price increase by almost 38% in the years since the collapse of Lehman Brothers, according to Eurostat data, is hurting industrial consumers. more

09.26.2013

Indian industrial group African Industries plans to invest EUR200 million in a 500,000-ton steel plant in Oltenita (southern Romania), but first it wants to see the outcome of negotiations for the more

09.25.2013

Indian African Industries Group, the largest producer of rebar in West Africa, said it is interested in taking over Mechel’s former steel plants in Romania, which are currently insolvent. more

07.31.2013

Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, plans to expand business outside Romania and take over a local competitor, which would require investments of over EUR5 more

07.25.2013

Despite Romania needing infrastructure, roads, bridges, schools and hospitals, steel consumption has declined significantly in the past few years and continues to do so, according to industry more

04.24.2013

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) estimates it will reach sales of 160.1 million lei (EUR36.8 million) in 2013, 8% higher than the RON148 million posted last year. more

10.22.2012

Russian steel giant Mechel on Monday said it resumed production at its Romanian plant Ductil Steel Otelu Rosu, one of the five steel plants it owns in Romania. more

10.18.2012

Austrian steelmaker voestalpine Thursday said it abandoned its EUR5 billion investment in a steel production facility in the Black Sea region, which included Romania, due to the financial crisis. more

10.18.2012

Austrian steelmaker voestalpine has inaugurated in October its new EUR20 million steel center in Giurgiu, southern Romania, the company said in a statement. more

10.03.2012

The steel demand and price, an indicator of the progress of the economy, have reached the last four years’ lows and the largest producers of the world took steps to contain losses. more

09.21.2012

Russian mining and steel company Mechel will temporarily suspend production at its plant in Otelu Rosu, southwest Romania, the group told MEDIAFAX Friday, after Platts reported the factory's closure more

09.21.2012

Russian steel producer Mechel will shut down its Otelu Rosu billet plant in Romania in October for an indefinite period, a source at Mechel Romania told energy and metals portal Platts Thursday. more

06.26.2012

The management of TenarisSilcotub, the second largest company in Romania’s steel industry after ArcelorMittal Galati, says it is working at capacity because of the high demand in the energy sector more

06.21.2012

Oil pipe maker Tenaris has completed a $60 million investment in a production unit in Zalau, Salaj county, and will finish another project in Romania, worth $50 million. more

05.18.2012

Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy of Bruno more

12.15.2011

Russian steel giant Mechel Thursday said it has completed a EUR3.2 million investment in a new production line at its Ductil Steel Otelu Rosu plant, in western Romania. more

11.17.2011

The turnovers of three of the four steel companies owned by Russian group Mechel in Romania climbed by 72% in the first nine months of this year, to 2.1 billion lei (EUR0.48 million), but they posted more