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...
Asia
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...
China to increase scrap metal imports, but unlikely to exceed 1 million tons - analysts
In 2021, China revised the quality standards for the scrap sector, requiring that the scrap content of impurities not exceed 0.3-1% for three...
Tokyo Steel raises prices for long rolled steel
Japan's largest metallurgical company, whose prices are closely monitored by Chinese competitors, has again raised prices for construction metal...
China will accelerate the modernization of its state-owned enterprises
In 2020, China launched a three-year SOE reform action plan as part of its ongoing efforts to transform SOEs into competitive and modern business...
Nuclear will play a bigger role in the renewable energy mix
In China, nuclear energy will become an important means of stimulating the country's "green" development...
China to promote green transformation of development model - report
Chinese Prime Minister Li Keqiang presented the report on Sunday at the opening of the National People's Congress as part of the "Two...
South Korean metalworkers union plans strikes in April-July
The Korean Metal Workers' Union (KMWU) is planning strikes in April-July in response to the government's labor reforms affecting the...
Steel production in China rose in the first decade of January
In the first 10 days of January 2023, 1.93 million tons of steel were smelted in China, which is half a percent more than in the first ten days of...
China's crude steel production in 2022 falls for the second year in a row
Chinese steel production is forecast to recover between the end of February and March. However, the recovery in steel demand this spring is likely to...
Taiwan bans stainless steel exports to Russia and Belarus
Taiwan was one of the leading suppliers of stainless steel in Russia. According to the estimates of the Spetsstal Association, its share in stainless...
Coal production in Shanxi province increased by 8.9% in January-November 2022
Northern China's Shanxi Province, the country's largest coal-producing region, saw a steady increase in coal production in the first 11...
Nissan Switches to Low-CO₂ Japanese Steel and Green Aluminum
Kobenable steel, claimed by Japanese manufacturer Kobe Steel to significantly reduce CO2 emissions from the blast furnace process, will be used in...
China's luxury car sales rise sharply
Despite the negative impact of the COVID-19 epidemic, the luxury car market has remained highly resilient....
POSCO resumes production at typhoon-affected steel plant in Pohang
To minimize the impact of the typhoon on its business, POSCO increased production at its steel plant in Gwangyang, 423 kilometers southwest of Seoul,...
China publishes guidance on expanding domestic demand
Efforts will be made to comprehensively stimulate consumption and accelerate the improvement of its quality, optimize the investment structure and...
China centralizes iron ore purchases
Beijing expects that the state-owned China Mineral Resources Group will gradually increase its share in purchases, and eventually the country's...
The South Korean government "ordered" the striking truckers to return to work at steel plants
A second strike in less than six months has hampered the supply of goods from cars to fuel, costing the country 3.5 trillion won (about $2.66...
India expands RoDTEP export incentive scheme to steel and iron
The inclusion of iron and steel products in the RoDTEP scheme follows India's removal of export duties on steel products last month....
Chinese steel exports up 28.2% - customs data
In November, Chinese steel shipments abroad rose by almost eight percent compared to October due to an unexpected decline in domestic demand for...
The abolition of export duty in India may reduce the price of Turkish steel
The Indian steel industry, which is a major steel supplier to Turkey and Ankara's competitor in major export markets, seeks to increase its...
The United States imposed a ban on the import and sale of equipment from Huawei, ZTE and a number of other Chinese companies
...
India plans measures to stimulate domestic steel exports
Indian steelmakers saw a sharp drop in profits in July-September as prices fell due to a slowdown in global demand, and export duties on some steel...
JSPL steel mill manager stoned to death
Motiram Pal was found dead on Monday morning. The police are considering the version of intentional murder. Since Pal was the logistics manager for...
China to halve ferroalloy production due to weak demand
Indian exporters of ferroalloys are preparing to take advantage of the reduction in production in China, which will receive additional opportunities...
POSCO Holdings and LG Energy Solution to jointly produce secondary batteries
POSCO Holdings and LG Energy Solution have strengthened cooperation in the production of secondary batteries. Both companies promised to expand...
