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China promises to continue the program to reduce outdated steel production capacity and coal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

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...

China will extend anti-dumping duties on steel pipe from the United States and the European Union

the Decision on the extension and improvement of anti-dumping duties adopted at the request of the Chinese steel pipe sector, said the Ministry....

Tesla lowers Model prices 3 China 10%, to obtain subsidies from Beijing

This decline – for the second year: earlier in February, the price of the basic version of the Chinese Model 3 was reduced by 9%....

Japan registers record steel exports for the third month in a row

Japan's third-largest steel producer in the world by the end of 2019. The sharp rise in exports and imports evidence of serious problems with...

Profit of the largest manufacturer of steel in China fell by 43.6 percent

Chinese steel makers expect a further decline in revenues due to weak demand and high iron ore prices....

Nissan cuts car production in Japan

The automaker has ceased production at its Tochigi plant, north of Tokyo, from early April and plans to suspend production until the end of May....

Prices for cold-rolled sheet in China fell to $ 70 to three-year lows

prices of cold-rolled steel in China have become so low that many producers or reduce production or stop the rolling mills to operate at a loss....

Platts: steel Market of China will not be able to recover until the second half of the year

Vspyshka coronavirus struck the main consumer of steel in China's construction industry so much that no announced incentives will not be able to...

ISA: the Demand for steel in India will decrease by 7.7% due to coronavirus

Prolonged quarantine will have a significant impact on the consumption of steel in construction, automotive and railway sectors in India, which are...

The largest steel company in Japan can stop another blast furnace

Nippon Steel already stopped two blast furnaces due to the sharp drop in steel demand and considering the possibility of stopping the third....

ArcelorMittal and Nippon Steel will provide power to their employees for the duration of the quarantine in India

Joint venture ArcelorMittal and Nippon Steel AM / India NS< / span> adopted a package of support for employees at the time of total quarantine....

Saudi Arabia will use steel domestic manufacturers for domestic projects

national Committee for steel industry (NCSI) said that it will help domestic steel plants to better realize its productive potential....

Tesla increased its sales in China by 261% during the outbreak of coronavirus

the shares of the American automaker grow again, reflecting the pandemic of the February drop by 20%...

Japan called virus crisis "the biggest since the second world war"

the size of the stimulus package for the Japanese economy will be about 108 trillion yen, while government will spend more than 6 trillion yen in...

Syria has restarted a steel plant in Hama

In the Syrian province of Hama resumes largest steel plant in the country, as the demand for the products of the manufacturer is growing a...

Iran plans to lift the quarantine for companies with "low-risk" on April 11,

the Iranian President said that economic activities with low risk will resume from 11 April, amid rising deaths from coronavirus....

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