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Global insight
Korea's POSCO Inks MOU on Electric Vehicle Business with Japan's Honda
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POSCO Group Chairman Choi Jung-woo and Honda President Toshihiro Mibe signed a comprehensive memorandum of understanding (MOU) on the EV business at the POSCO Center in the Gangnam district of Seoul on April 11, which POSCO Group announced on April 12. |
Shengtak New Material Co., Ltd: In the first quarter, the sales volume of stainless steel products increased by 53.03% year-on-year
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Shengtak New Material Co., Ltd: In the first quarter, the sales volume of stainless steel products increased by 53.03% year-on-year. |
VSA: Steel demand in Vietnam will grow by 1-2% year on year in 2023
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VSA: Steel demand in Vietnam will grow by 1-2% year on year in 2023 |
The deep sea mining debate is “gone” — it’s happening, says The Metals Company CEO
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Despite opposition from environmental groups, the CEO of The Metals Company (TMC) which has exclusive access to the Nori Clarion-Clipperton Zone (CCZ) polymetallic project, located 4,000 metres deep in the northeastern Pacific Ocean and ranked as the world’s ... |
New UK Government regulations to boost uptake of British-made steel in public projects
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The UK Government has announced updated regulations as part of the Public Procurement Notice (PPN) for steel that require reporting on the origin of steel in public projects. |
AISI: US Steel Imports Down 13.5% In February vs. January
A key steel product with a significant import increase in February compared to January was line pipe (up 35%). |
Cliffs raises HRC to $1,300/st
The company also raised its minimum hot rolled coil (HRC) price to $1,300/st. |
US rebar: Prices flat
US and imported rebar prices were mostly flat this week. |
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