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Kindergartens opened in the shops of POSCO metallurgical plants

POSCO has established “Workplace Child Care Centers” to create a work-family balance and tackle South Korea's low birth rate....

Japanese automakers cut global sales in June by 21.3%

Production at Japanese automakers fell 26.1% year-on-year to 1.65 million units last month, while there was a 62% decline in May....

Moody 's: steel consumption in India will decrease by 10%

Indian steelmakers will have to sell more aggressively in export markets as domestic demand will be weak....

China plans to abandon SWIFT payment system

Chinese bankers are concerned about the unpredictability of further development of relations between Beijing and Washington and are developing plans...

Nissan plans to cut production by 30% until the end of December

Almost fifteen thousand people had come from Barcelona to Madrid to protest against the closure of the Nissan plant in the country. The workers...

Nippon Steel and JFE Steel plans to produce fuel gases from metallurgical

the Largest steel mills of Japan is aimed at processing carbon dioxide released during the production of steel, for the production of synthetic...

Washington refused to negotiate with China and anti-Chinese imposes new sanctions

In the opinion of the President of the United States Donald trump, after the recent measures by Beijing, Hong Kong is no longer able to compete...

For the first time in the history of Toyota bought Chinese steel for their cars

In Japan stated that this is a historic deal that marks the emergence of China in the League of manufacturers of high quality steel and portend a...

South Korea will spend 95 billion dollars on green projects

in addition, the plan has ambitious targets for zero emissions of greenhouse gases by 2050, as well as the desire to end funding foreign coal-fired...

Japan refused to Finance coal projects in neighboring countries

Thus, the country "Rising sun" is going to encourage their neighbors to switch to cleaner energy sources....

Indian suppliers of hot-rolled steel to suspend the offer to China

Despite another round of virtual meetings between India and China on boundary question, trade relations between the countries remain strained....

Japan will close two-thirds of coal-fired power plants

To the end of this decade Japan will be eliminated 110 coal-fired power plants under programs to reduce emissions of greenhouse gases....

The Ministry of information of Myanmar reported on 114 victims of the landslide at the mine

According to the representative of the emergency services, the cost of the prolonged seasonal rains, the rock fell from the cliff with a height of...

Korean steel company POSCO stimulate the birth rate among employees

POSCO in Korea for the first time creates "a system of remote communication for parents" to encourage fertility and to increase support for child...

Iron ore prices in China are preparing to drop below $ 100 per ton

the Chinese summer is typically a period of low steel demand, as torrential rains and heat hinder the construction....

China promises to continue the program to reduce outdated steel production capacity and coal

in addition, in Beijing intend to continue started 5 years ago reforms in the steel industry aimed at stimulating demand from steel consuming...

Sales of carbon steel in Japan in April reached a 51-year low

Japan is one of the world's largest consumer and producer of steel. In April, sales of ordinary steel in the country "Rising Sun" has fallen to the...

Tokyo Steel sixth time since the beginning of the month increased the procurement prices for scrap

the First five attempts were not successful – suppliers of scrap continue to hold raw materials in the expectation of further price increases....

Mitsubishi consolidates Japanese shipbuilding

Mitsubishi Heavy announced negotiations for the acquisition of the business of the ship, Mitsui E&S....

The South Korean Prosecutor's office demands to arrest the Vice-President of Samsung Group

the Prosecution of law enforcement officers based on the alleged violation of the Law of South Korea's capital markets during the merger of Samsung...

POSCO creates artificial reefs from steel slag in sea of Japan

while many domestic industrial holdings often simply dump waste into a pile, thus polluting the environment, advanced foreign companies use them to...

In South Korea, with the spread of the virus fighting industrial robots

Robots armed with disinfectants and artificial intelligence, South Korea is increasingly used by large corporations and small businesses....

Volkswagen investing 2 billion euros in a Chinese EV

the Chinese Ministry of industry said in December that the country should strive to ensure that one in four of all vehicles sold in 2025, were either...

Nissan will cut 20 thousand jobs worldwide

as part of a business restructuring is also considered the elimination of the Datsun brand....

Analysts predict a sharp reduction in the supply of scrap metal from Japan

the country is the largest supplier of ferrous scrap in Asia. As a result, the recovery of the steel industry in some countries may be at risk....

Japan has slipped into recession, is preparing for a severe recession in postwar history

According to analysts polled by Reuters in the current quarter, the Japanese economy will shrink by a record 22.0% in annual terms....

Taiwanese chipmaker TSMC brings production in the United States

the administration of President Donald trump managed to poach one of the largest Asian manufacturers of semiconductors in the United States....

The index of steel prices in China rose in April compared with March, but fell compared with the same period last year

Chinese spotovye prices on the steel market growing, but still behind the same period last year (APPG)....

Toyota forecasts a drop in annual profit by 80%

the Largest Japanese automaker says its sales will fall much lower than at the height of the global financial crisis in 2008....

Copper prices reached 8-week high on growing demand in China

copper Prices are likely to be limited risk of a second wave of infections COVID-19 in China and other regions, which again will limit the production...

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