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Relevant News

China`s Steel Firms must Evolve or Perish

China's steel firms must change if they want to avoid more hard times, said Zhu Jimin, head of the China Iron and Steel Association (CISA) on Dec 7th.

Tuesday, December 9, 2014

Chinese Coal Tax Reform to Ease Burden on Producers, Environment

China, the world' s leading coal producer and consumer, is to levy resource tax on coal on the basis of sales instead of production from Dec. 1, in a move to shore up the dim industry and improve the deteriorating environment.

Monday, December 1, 2014

Free Trade Deal Opens Possibilities for Greater Chinese Investment in Australian Rare Earths Sector

China and Australia, after years of negotiations, have reached a free trade agreement (FTA) after the G20 meeting in Brisbane on the occasion of the visit to Australia by Chinese President Xi Jinping. The FTA further strengthens already deep economic relations...

Thursday, November 20, 2014

US Sets Dumping Duty Rates on Chinese Steel Rod Imports

After ruling the products were being sold below cost in the US market, US Commerce Department on Thursday set final dumping and subsidy rates on imported steel wire rod from China, paving the way for Washington to impose punitive duties on the products in the ...

Tuesday, November 18, 2014

South Korean’s Posco to invest $20 Million in New Plant in India

South Korean’s officer revealed that the country’s steel giant Posco will invest US$20 million in India to establish a new steel plant.

Monday, November 17, 2014

Australia to Impose Anti-Dumping duty on Quenched and Tempered Steel

Australia has announced to impose anti-dumping duty for quenched and tempered steel imported from Finland, Japan and Sweden.

Monday, November 17, 2014

ArcelorMittal SA seeks duties on Chinese steel

ArcelorMittal South Africa is seeking duties on steel imports from China as the continent’s largest producer tries to return to profitability after posting three straight years of losses.

Thursday, October 30, 2014

Worldsteel:World Crude Steel Production Statistics in September 2014 Slightly Decreasing

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 134 million tonnes (Mt) in September 2014, a slight decrease of -0.1% compared to September 2013.

Friday, October 24, 2014