US President Joe Biden and his Indonesian counterpart Joko Widodo will cooperate in areas such as green energy, critical minerals and semiconductors...
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117 fighters and reconnaissance aircraft are being scrapped in Kazakhstan
According to the terms of the tender, fighter jets must be disposed of by cutting on the territory of the Republic of Kazakhstan....
Taiwan steel mills set carbon surcharge from 2024
Taiwan is set to introduce a carbon tax on January 1, 2024, but the country's environment ministry has yet to announce the exact tariff....
Value added in China's non-ferrous metals industry grew by 6.2% in January-September
Chinese metallurgists increased production of non-ferrous metals to 55.02 million tons, up 6.8% year-on-year....
The Chinese steel lobby intends to seek the reversal of new EU environmental initiatives
China steel association CISA says the EU carbon tax is a new trade barrier and calls for further negotiations....
JSW Steel and ArcelorMittal target mines and steel business in eastern India
The price of a profitable business remains the subject of negotiations, but the negotiations themselves indicate the interest of major players in...
China Adopts Plan to Support Stable Growth in Mechanical Engineering at More Than 3%
The plan is mainly focused on 11 sectors of the Chinese industrial sector, including machine tools, agricultural machinery and construction machinery....
Coal production in China showed steady growth in January-July 2023
From January to July, China produced 2.67 billion tons of raw coal....
China overtakes Japan in car exports
The People's Republic of China in the first half of this year became the world's largest supplier of new cars to the world market....
China's car production continues to fall
Approximately 2.39 million vehicles were sold in China in July this year, down 1.4% from the same period last year, according to data from the China...
China iron ore imports up 6.9% in first seven months of 2023
Since the beginning of the year, China has imported a total of 669 million tons of iron ore, up 6.9% year-on-year....
China Steel raises prices for key products
Taiwan's largest metallurgical company announced that the steel market has reached the bottom of the price and the beginning of the recovery of...
India imposes restrictions on the import of gold jewelry
India has restricted imports of pure gold jewelry in an effort to stop illegal, untaxed imports, according to a government notice....
Hyundai Steel to open carbon-neutral steel laboratory by 2023
The purpose of the laboratory will be research on the use of hydrogen for steel production; the company aims to achieve zero CO2 emissions by 2050....
German concern thyssenkrupp will build military submarines in India
By signing a letter of intent, thyssenkrupp Marine Systems is laying the groundwork for a possible collaboration with Mazagon Dock Shipbuilders...
Technological progress achieved in China's hydrogen energy industry - experts
Hydrogen energy is one of the best ways to achieve carbon peak and carbon neutrality, and the advent of the hydrogen internal combustion engine opens...
Indian steel demand to grow by 7.5% in fiscal year 2023-24: ISA
Steel demand will be boosted by investment in infrastructure, renewable energy, mining, and the steel sector through a manufacturing-related stimulus...
ArcelorMittal Temirtau increased the production of flat products
Over the past 10 years, the ArcelorMittal Temirtau metallurgical plant has for the first time reached the maximum output of the first grade: both in...
New Volvo design center opens in Shanghai
The opening of a design center in Shanghai and three new car assembly plants in other cities will strengthen the company's strategic investment and...
China is rapidly building up bank gold reserves
The People's Republic of China has been actively buying up gold for its reserves since the end of last year, and in the last two months alone, it has...
Tesla's Shanghai gigafactory delivered more than 75,000 vehicles in April
Established in 2019, Tesla's Shanghai gigafactory is the first of its kind outside the US....
China continues to lead the global shipbuilding market
The number of new orders accepted by Chinese shipyards in the first quarter of 2023 was 53% higher compared to the same period last year and amounted...
Vietnam sees strong growth in steel demand in second half of year
Vietnam's National Assembly approved a 350 trillion VND ($14.9 billion) aid package for economic recovery for 2022-2023, which should lead to a sharp...
Indonesia blocks export of metals and invites investors to process them
Indonesia was invited by the G7 to join the meeting in Sapporo as the chair of the Association of Southeast Asian Nations or ASEAN. The G7 leaders...
China's huge steel capacity hampers the steel market, analysts expect more cuts
China will soon commission more than 200 million tons per year of new liquid steel smelting capacity through swaps. The NDRC is asking major Chinese...
India's steel output rises, exports halve in fiscal year 2022-23
India became a net exporter of steel in March after being a net importer for five straight months. Exports have been growing steadily since the...
China's lithium-ion battery sector showed growth in January-February 2023
In January-February of this year, the volume of exports of lithium-ion batteries from China exceeded $10 billion in value terms....
India's Tata Steel reaches production level of 20 million tons of steel per year
Indian manufacturing output rose 4.3% year-over-year as factory debottlenecked and ramped up production at Neelachal Ispat Nigam Limited at...
Converter production is being modernized at ArcelorMittal Temirtau
The project to modernize the converter shop at ArcelorMittal Temirtau was launched back in 2019. One of the world leaders, an Austrian engineering...
