But she did not raise prices due to high stocks of metal products in warehouses and weak demand in foreign markets....
Asia
American security expert named the main problem in Korean metallurgy
An American safety expert joined the management of a steel mill to create a completely safe workplace, but faced a corporate hierarchy problem....
China starts building its own cruise ships
The cost of one such ocean giant in the Chinese version will be 20% less than its European counterpart....
Steel production in China fell to six-month low in September
Amid fighting pollution, the weekly utilization rate of blast furnaces at steel mills across the country at the end of September to its lowest level...
Turkey and the United States agree on a ceasefire in northeastern Syria
The suspension of the Turkish offensive in northern Syria will last 120 hours so that the Kurdish forces can withdraw from the area of operation...
Pre-tax profit of Egyptian Ezz Steel fell 81%
Egypt's largest steel company has been hit by falling steel prices and rising ore prices....
Tata Steel reports drop in sales in India
Tata Steel reported that overall economic activity in India has weakened further in the third quarter....
Vietnam introduces anti-dumping duties on Chinese aluminum products
The duties will be introduced on September 28 and will be valid for 5 years....
Nippon Steel's Kimitsu plant will be closed until the end of December
A steel mill that produces billets for major Japanese car companies lost a chimney on a blast furnace during a typhoon....
China toughens measures against environmental pollutants
Starting November 1, the city of Tangshan may fine the driver of an environmentally dirty car $ 1,400, and a negligent official covering a company...
China increased imports of nickel ore from Indonesia in August by almost a quarter
Indonesian imports totaled 1.61 million tons, up from 1.27 million tons a year earlier, but 8.4% less than in the previous month....
Nio, Tesla's Chinese rival, struggles to survive
Overall sales of electric vehicles in China, where half of the world's EVs are sold, began to decline after the government cut subsidies for...
India considers liquidation of the Ministry of Steel
According to the Minister of Oil, Natural Gas and Steel, there is no need for a separate ministry for the steel sector; more freedom should be given...
A Saudi Arabian company to build a metallurgical complex in Oman
Construction of a new complex project for the metallurgical industry, which will create about 500 jobs, will begin in the first quarter of 2020....
China Gold wants to buy $ 2 billion in new assets
China's state-owned China Gold International Resource Corp Ltd intends to invest up to $ 2 billion in assets in Canada, Latin America and Africa....
The profitability of Indian metallurgists will be reduced by 5 percent
The operating margin of the Indian steel sector will decline from 23% to 18% this year, according to the ICRA....
Philippines wants to capitalize on the nickel hunger
Philippine nickel producers are looking to capitalize on Indonesia's ban on nickel ore exports....
Iranian Steel Exports Increase 37% YoY
Iran aims to become the seventh largest steel producer in the world by 2025, targeting a total annual steel production of 55 million tonnes....
Nippon Steel Suspends Typhoon Damaged Melting Furnace at Kimitsu Plant
Japan's largest iron and steel company was hit by typhoon Faxai, which hit the islands on Monday morning....
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....