Over the past seven years, the production of gold bars in Iran has grown 14 times....
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China to set new record for steel production despite pandemic - Baowu Steel Group
Growing demand from the construction sector and government support for domestic consumption will lead to a record increase in annual steel...
China's largest steel producer to become even larger and number one in the world in terms of production
China Baowu Steel Group will take over China's largest stainless steel producer TISCO as part of the PRC government's capacity consolidation...
India plans to increase steel consumption at the expense of migrants
India's Metals Ministry has called on the state government to allocate land for the construction of new steel houses for incoming migrant workers....
Competition grows in Japanese steel market due to coronavirus
Nippon Steel cuts prices for I-beams, while Tokyo Steel has refused to raise prices for its products....
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...
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...
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...
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....
