Steel
China’s aluminium output hits record, steel below one billion tonnes
[ad_1] CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year low, underscoring dramatically different prospects for the...
OCBC invests in low-carbon steel in Malaysia’s Sabah
[ad_1] The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon steel plant[SINGAPORE] OCBC’s mezzanine capital unit has...
Tata Steel calls for extension of import tariffs on some steel products to India
[ad_1] [NEW DELHI] India’s Tata Steel hopes the government will extend import tariffs on some steel products to guard against the threat of imports, particularly from China, chief executive TV...
Japan’s trading houses brace for more pain from China steel glut
[ad_1] The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six months[TOKYO] Japan’s major trading houses are facing...
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
[ad_1] The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market[TOKYO] Nippon Steel, Japan’s biggest steelmaker, said it expects to report...
EU plans tariffs of 25 to 50% on Chinese steel and related products, Handelsblatt reports
[ad_1] [FRANKFURT] The European Commission plans to impose tariffs of 25 to 50 per cent on Chinese steel and related products in the next few weeks, German business daily Handelsblatt...
US Steel approves US$300 million tranche of Nippon Steel spending
[ad_1] UNITED States Steel approved a US$300 million investment to upgrade some of its facilities, advancing part of an US$11 billion commitment by Nippon Steel after its takeover of the storied American...
China’s steel work plan vows to ban new capacity, promote demand
[ad_1] Beijing has been expected to lay out its plans for the world’s biggest steel industry since promising to cut output at its annual policy meeting in March[LONDON] China will...
‘Steel Ball Run JoJo’ Anime Unveiled for Netflix Japan 10th Anniversary Alongside Cannes Winner Yakusho Koji Comedy
[ad_1] The highly anticipated anime adaptation “Steel Ball Run JoJo’s Bizarre Adventure” is coming to Netflix worldwide as part of three series unveiled to mark the streaming platform’s 10th anniversary...
China’s Baosteel in discussions on steel investments from Asia to Africa
[ad_1] Beijing is also facing anti-dumping duties from a number of countries as they seek to keep out cheaper Chinese supplies after domestic use declined due to a prolonged property...