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Fall in Chinese steel exports in August indicates continued growth in domestic demand

Chinese exports were expected to pick up slightly during the remainder of 2019, as continued increases in steel supply could start outpacing demand...

Exchange prices for ore in China went up again

The market for metallurgical raw materials in China is experiencing increased volatility amid the ongoing trade war with the United States, new...

Chinese SIASUN introduced new robots

SIASUN presented its mechanical masterpieces at the International Robot Conference 2019. During the World Robot Conference 2019 (WRC 2019) held in...

Prices for stainless steel in China rose sharply

The announcement of the Indonesian government to postpone the ban on the export of unprocessed nickel triggered a significant increase in the price...

Hyundai Steel launches steel literacy program for youth

The company said that this way children can better understand how steel products can improve safety in the world around them....

Platts: Strong growth in Chinese metallurgy will continue

However, the announced investment in China's infrastructure is still insufficient to significantly increase steel demand....

Saudi Arabia creates new Ministry of Industry and Mineral Resources

The ministry must ensure that mining revenues increase to $ 69.3 billion, or three times the current level....

Rising raw material prices are eating up profits for Chinese steel producers

Chinese steel mills reported lower profits in the first seven months of this year due to higher raw material prices....

Toyota Group opens car battery recycling plant in Thailand

The Chachengsau plant will be able to quickly diagnose 10,000 units per year and process 20,000 units per year....

Coated Steel Prices In India Continue To Fall Due To Liquidity Crisis

Moody 's revised outlook for Indian steelmakers to negative due to problems in the automotive industry and rising costs....

Moody's: Profitability of Asian steel producers will decrease by 15 percent

Weak end-user demand for steel and rising raw material costs cloud the outlook for the metals industry in Asia....

Economic downturn: steel consumption in India will be the lowest in three years

Economists, financial leaders, industry leaders and Indian media question the effectiveness of government measures to stimulate domestic demand in...

China's steel capacity to peak at 1.2 billion tonnes in 2019

Expansion of steel production capacity in China will peak in 2019, after which it is planned to decline....

China Steel Corporation has reached the limit of its ability to absorb rising costs

However, given the market situation, Taiwan's largest metallurgical company raised prices for only two types of rolled metal - galvanized steel and...

Steel consumption growth in India slows down

The growth in demand for steel was not supported by the car manufacturers in India, and economic factors also played a negative role....

CISA: Steel prices are still stable, but may fall by the end of the year

Metallurgical enterprises in China must carefully analyze the situation with demand, deliberately control production and maintain a stable market,...

Indian metallurgists predict difficult times

India's steel sector will weaken in FY20 due to the dual impact of lower prices and higher raw material costs....

Indian auto market records biggest sales drop in 19 years in July

SIAM reported that passenger car sales in July were also their worst since December 2000, when the segment declined 39.86 percent....

Three floors at the same time: new South Korean technology for the construction of reinforced concrete structures

The new technology can also cut construction costs by up to 15 percent and reduce carbon emissions by more than 1.5 percent....

The historic downturn in China's auto market continues

Statistics released on Monday August 12 show that car shipments to China continued to decline in July, increasing the historical market downturn....

Tata Steel cuts capex by almost 30% due to lower demand

Tata Steel is revising its capital expenditures (investments) for 2019-2020, taking into account the prevailing market conditions and lower cash...

Indonesia to become Asia's electric vehicle manufacturing hub

Indonesia intends to stimulate the development of the electromobility industry at the state level....

Kobe Steel said it fully felt the impact of the US-China trade war

The Japanese iron and steel company fell 13 percent after publishing its quarterly report for April-June 2019. Kobe Steel shares have dropped 24...

Tata Group Transfers India to Electric Vehicles

Tata Motors and Tata Power have teamed up to install 300 electric vehicle charging stations in 5 major cities in India....

India may impose anti-dumping duties on steel from Brazil, China and Germany

The DGTR Department of Commerce Investigation Unit has recommended the duty following the completion of an investigation into the alleged dumping of...

Vietnam cuts costs on steel imports due to falling prices

Vietnam increased steel imports in tonnage, but paid less in the first seven months of 2019...

China's steel manufacturing PMI declines in July

Chinese industry experts believe that falling demand for steel in China will recover in the third quarter, but prices for rolled steel will remain...

US anti-dumping duties increase pressure on Korean steel companies

South Korean oil and gas pipe producers may face serious financial problems amid global trade uncertainty and rising raw material prices....

Foton Zhilan builds light electric truck plant in central China

Chinese New Energy Vehicle (NEV) manufacturer Foton Zhilan is building a NEV light truck plant in Shangqiu, Henan province in central China....

China's steel sector profits shrink inexorably

Weak demand for steel in the middle of summer is a common phenomenon in the Chinese economy, but today metallurgists are under pressure from...

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