Relevant News
China coal giant cuts coal production guidance to 500 mln tonnes by 2025
Jinneng Holding, has reduced its coal production guidance figure for 2025 to 500 million tonnes from the previous 600 million tonnes. |
Australia forecasts lower iron ore prices over rest of 2021
Domestic efforts to curb China’s total steel output are likely to begin soon. |
US Steel Shipments in May Up 46% YoY
The American Iron and Steel Institute reported that for the month of May 2021, US steel mills shipped 7,987,038 net tons |
EU CBAM to Impact South Korean Steel Makers
Business Korea reported that South Korean steel industry is likely to be most affected by the European Union’s Carbon Border Adjustment Mechanism. |
Baowu Steel Group Plans CNY 50 Billion Carbon Neutral Fund
China Baowu Steel Group has signed an agreement with partners to set up a carbon neutral fund, targeting a total investment of CNY 50 billion |
South Korean Shipbuilders to Face Earnings Shock in Q2
South Korean Shipbuilders to Face Earnings Shock in Q2 |
Hyundai Steel Nickel Steel Plates for LNG Cryogenic Tanks in Ships
Korea IT Times reported that Hyundai Steel will set up a production system for 9% Ni steel plates that can withstand cryogenic temperatures. |
BIS Standards Wreak Havoc in Metal Packaging Industry in India
India’s tin can making industry association Metal Container Manufacturers |

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