the downward Trend in sales will continue in the first quarter of this year, the outbreak of the coronavirus in China....
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Association of ferrous metallurgy of China said on critically low stocks of raw materials in the factories
steel industry of China have reserves of raw materials for five days. Railways and motor transport are working intermittently due to the coronavirus....
Chinese steelmakers remained without Mongolian coke due to coronavirus
Mongolia until March 3, stopped all exports of coal to China due to the spread of the coronavirus. It can take place in the Russian Federation....
Nissan suspends production in Japan due to the Chinese coronavirus
At the plant Nissan stopped the parts that are made in China....
Stock exchange steel prices in China rose slightly on optimism of bidders
Construction companies of China and fabricators gradually resume production after extended in connection with the coronavirus holidays....
South Korea's Hyundai Motor resumed production after a partial lifting of the quarantine in China
Hyundai Motor Co. was forced to suspend production of cars in South Korea a week ago due to the lack of components that come from within the fashion...
Volkswagen has extended a quarantine in the Chinese factories until 17 February
Automakers stopped their businesses in China in connection with the epidemic of coronavirus....
Shanghai authorities will help Tesla to resume production of cars in the epidemic of the coronavirus
the American automaker will resume Assembly line this Monday, February 10, with the full support of the government of Shanghai....
Toyota has extended the quarantine at its factories in China until 17 February
due to the outbreak of coronavirus automaker Toyota will continue to stop their factories in China for another two weeks....
Toyota raised its annual profit forecast, not taking into account the impact of coronavirus
Toyota plans to sell in 2020 to 10.73 million vehicles and to about $ 23 billion operating profit....
The largest South Korean steel company POSCO expects steel prices
the Company plans to double investments in the development of its metallurgical facilities in order to "meet market changes."...
Indian state-owned steel company SAIL has increased sales by 35%
In January 2020, SAIL registered a record sales growth of 35% to 1,659 million tons....
Apple, Starbucks and McDonald's be closing its retail network in China until February 10
Many companies encourage their employees in China to work from home and to stop unnecessary travel in the first week of February due to the outbreak...
Car production in China could be reduced by 15% due to coronavirus
the Decline in car production may result in a reduction in demand for steel and components, which will lead to slower economic growth in the country...
Ford Motor and Toyota Motor have stopped their conveyors in China until February 10
Automotive industry in China is stopped before the end of the first decade of February to limit the spread of coronavirus among the population. This...
NLMK will build in India a plant for the production of transformer steel
the Plant will allow the group of Vladimir Lisina to expand its presence in the country where the company has a service center and to increase the...
China will increase imports from the United States based on "market principles"
"the First phase" of a trade transaction between China and the United States provides for an increase in U.S. imports to $ 200 billion in...
Volkswagen will buy 20% of Chinese battery manufacturer Guoxuan High-tech Co
After the package purchase, Volkswagen will become the second largest shareholder of the manufacturer of the batteries after Zhuhai Guoxuan Trading...
The Chinese economy in 2019 showed the weakest growth over the last 29 years
the Second largest economy struggles with rising debt, a cooling of domestic demand and the negative effects from trade war with the United States....
China pledged to buy billions of dollars worth of American steel
As part of the "Phase One" trade deal with the United States, China has pledged to increase purchases of iron and steel, as well as rare...
Toyota invests $ 400 million in flying car company
The company intends to provide "freedom of movement and pleasure of travel to customers everywhere, on earth, and now in the sky."...
Malaysia Airlines suspends the reception of Boeing 737 MAX
Malaysian Airlines lost two aircraft in a row in 2014, has suspended the acceptance of 25 Boeing 737 MAX....
Opens in Tehran second Iranian national festival
Minister of industry and trade of Iran said that the country will continue to increase steelmaking capacity in accordance with the original plan...
Iran increased its steel exports in December at 91%
For the first nine months of the current Iranian calendar year (March 21, 2019) from Iran exported over 5.2 million tons of steel....
USA slapped sanctions on steel industry of Iran
Iran seeks to become the seventh largest steel producer in the world by 2025, with plans to reach a total annual output of steel production to 55...
Future Nissan is a big question, says Carlos Ghosn
In 2019, the Nissan's profits fell by 70%, followed by mass layoffs at its factories around the world....
Washington and Beijing will sign the first phase of trade agreements next week
China's Vice Premier Liu-Hye will sign a renewed trade agreement with the United States in Washington next week during a working visit....
The largest metallurgical company of China Baowu may have become the world's largest
Baowu in 2019 joined their productive assets two major Chinese company Maanshan Steel and Chongqing Steel's total capacity of about 30 million tons...
Germany stated that threatening Iraq with sanctions is "not very useful"
Germany is ready to continue to assist Iraq, "if it is requested, and the situation allows," said Minister of foreign Affairs of Germany,...
Nevedomaya the largest company on the planet, Saudi Aramco has fallen in price almost on 2%
the Kuwaiti and the Saudi action sharply decreases during the evening sale on Sunday after a us drone strike in Baghdad, which killed a military...
