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Relevant News

South Korea Steelmakers File AD petition Against Chinese H-beams

It's reported that Hyundai Steel and Dongkuk Steel in South Korean have submitted an anti-dumping petition on May 30 against Chinese H-beam, claiming they are selling to Korea at a price of 20% lower than in China.

Thursday, June 12, 2014

JSW Steel to acquire Welspun Maxsteel

India's JSW Steel has announced to acquire Welspun Maxsteel for about US$185.6 million.

Wednesday, June 11, 2014

Tata Steel, NSSMC’s joint venture mill starts to run

It is reported that Tata Steel and Nippon Steel & Sumitomo Metal Corp (NSSMC)’s joint venture mill in India have started commercial production.

Wednesday, June 11, 2014

Bank of China Goes Tough on Iron Ore Credits

Bank of China- the largest provider of import credits for iron ore in the country has issued fresh set of guidelines, making life miserable for ore importers in the country. This follows the tough government regulations on imports of iron ore as collateral for...

Wednesday, June 11, 2014

China Steel, Iron Ore Futures Near Record Lows on Demand View

Chinese steel and iron ore futures fell on Tuesday to near the lowest levels for most-active contracts on worries over slow demand for steel in the world's top consumer that has prompted big producers to curb output.

Wednesday, June 11, 2014

Climate Change Spurs Carbon Credit Trading

Global collaboration on climate change has entered a new stage as challenges brought by global warming have become increasingly urgent, said Xie Zhenhua, vice-chairman of China's National Development and Reform Commission on Monday.

Tuesday, June 24, 2014

JSW Steel, India's Largest Steelmaking Firm by Capacity, will Raise at Least R5,600 Crore by way of Debt in Fiscal 2015

JSW Steel, India's Largest Steelmaking Firm by Capacity, will Raise at Least R5,600 Crore by way of Debt in Fiscal 2015

Tuesday, June 10, 2014

CEO: Russia's MMK to Increase Steel Output by 6% in 2014

CEO: Russia's MMK to Increase Steel Output by 6% in 2014

Monday, June 9, 2014