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ArcelorMittal Brazil to idle BF No 3 in Tubarao

The unit's BF No 2 has been idle since July 2019, due to market conditions. The Tubarão complex's total capacity amounts to about 7.5 million tonne per year.

Wednesday, April 1, 2020

US Steel Takes Action in Response to COVID-19 Impacts

United States Steel Corporation announced a series of aggressive and meaningful actions to provide greater certainty on the company’s response to impacts from the coronavirus COVID-19 and the sudden, significant changes in global oil and gas markets.

Wednesday, April 1, 2020

Chongqing Iron & Steel (Group) saw a decrease of 48.22% on profit

Chongqing Iron & Steel (Group) saw a decrease of 48.22% on profit.

Wednesday, April 1, 2020

SAIL Vision 2030 Outline 49.6 Million Tonne Capacity

Financial Express reported that Steel Authority of India has proposed to expand its capacity to 49.6 million tonnes per annum in its Vision 2030 programme.

Wednesday, April 1, 2020

Demand for metals melts away forcing a rethink on smelting

Metals majors are staring at production cutbacks following the 21-day lockdown in the wake of the Covid-19 outbreak that has sharply shrunk demand.

Tuesday, March 31, 2020

Vietnamese construction sector struggling because of COVID-19 epidemic

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.

Tuesday, March 31, 2020

Coronavirus: Steel ministry asks PSUs not to cut production

Coronavirus: Steel ministry asks PSUs not to cut production.

Tuesday, March 31, 2020

German conglomerate Thyssenkrupp to scrap 3,000 steel jobs

German conglomerate Thyssenkrupp to scrap 3,000 steel jobs.

Tuesday, March 31, 2020