Korean auto part and seamless tube producer to invest $50 million in Zacatecas, Mexico Two South Korea-based companies, MR Infra Auto [1] and TRIS Tubes [2] , have announced a joint investment of $50 million in the state of Zacatecas, located in the north-central region of the countr...
Fives Group to supply galvanizing line to Ternium's Mexican plant Fives Group [1] , a machinery industry company headquartered in France, has revealed its plans to create and provide an exceptionally advanced galvanizing line for the Pesquería plant owned by Terniu...
CSN to start steel product production in São Paulo CSN [1] , the Brazilian company known for its steel and iron ore production, is set to initiate manufacturing of metallic packaging in Taubaté, a city situated in the southeastern state of São Paulo. ...
Vietnam's steel imports up 13.7 percent in July from June In July, the data released by Vietnam's General Department of Customs [1] reveals that the country's steel imports witnessed a significant rise, reaching 1,089,429 metric tons, marking a 13.7 percen...
Finished steel imports to Mexico surge up 51 percent in June Mexico experienced a substantial surge in imports of finished steel products, recording a remarkable 51.2 percent year-over-year increase in June, reaching a total of 1.19 million metric tons (mt). Th...
JSW Steel Sees 18% Rise In Consolidated Crude Steel Output In July In its regulatory disclosure on Thursday, August 10, JSW Steel Limited [1] of India announced a notable achievement in its consolidated crude steel production, reaching 2.04 million metric tons in J...
Brazilian pig iron exports increase in July According to customs data, Brazilian pig iron exports surged to 379,000 metric tons in July, significantly surpassing the 247,500 metric tons recorded in June. In July, the primary destinations for th...
Hyundai Steel reports higher net profit for Q2 amid increased sales volumes Hyundai Steel (Hyundai) [1] , the South Korean steelmaker, has released its financial results for the second quarter of this year. During this period, the company achieved a net profit of KRW 293.5 bi...
South Africa's H1 Base Metal Export Value Surges by 14.5% Based on data released by the South African Revenue Service (SARS) [1] , South Africa's exports of base metals and articles thereof in June this year reached a total value of ZAR 19.78 billion ($1.10...
US steel exports up 20.2 percent in June Based on preliminary census data from the US Department of Commerce, US monthly steel imports witnessed a significant increase in June 2023, rising by 20.2 percent compared to May, reaching a total of...
US cold finished bar exports up 5.2 percent in May Based on the export data from the US Department of Commerce [1] , US exports of cold finished bar in May 2023 amounted to 12,488 metric tons (mt), showing an increase of 5.2 percent from the previous...
US raw steel production up 1.5 percent week-on-week As of the week ending on July 22, 2023, the None [1] American Iron and Steel Institute (AISI) reported that US domestic raw steel production reached 1,741,000 net tons, with a capability utilization ...
