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Value of Canadian building permits up 2.3 percent in October
In a promising economic development, Statistics Canada reports a 2.3% surge in the total value of building permits in Canada for the month of October, reaching $11.2 billion. This growth was predomina...
Dec 12, 2023
0 2355


US plates in coil imports up 25.7 percent in October
The latest figures from the US Department of Commerce [1] 's final census data report a substantial 25.7% increase in US imports of plates in coil for the month of October 2023. The data showcases a ...
Dec 12, 2023
0 2608


Oman-based Vulcan Green Steel orders DRI plant from Danieli and Tenova
In a significant move towards sustainable steel production, Vulcan Green Steel [1] , an Oman-based entity affiliated with the renowned Jindal Steel Group in India, has recently placed an order with I...
Dec 12, 2023
0 3009


Nippon Steel to acquire more global coal and iron ore assets
In a recent interview with Reuters, Takahiro Mori, the executive vice president of Nippon Steel Corporation [1] , the world's fourth-largest steelmaker, revealed the company's ongoing efforts to acqu...
Dec 12, 2023
0 3016


China's regulator approves Baowu Group's acquisition of Shangang
In a pivotal development for the Chinese steel industry, the State Administration for Market Regulation has officially granted approval for Baowu Group's acquisition of Shandong Iron and Steel Group (...
Dec 12, 2023
0 3525


Nippon Steel to continue supplying OCTG to Brunei's crude oil and natural gas producer
In a significant development, Nippon Steel Corporation, in collaboration with Sumitomo Corporation, has finalized an extended contract with Brunei Shell Petroleum Company Sendirian Berhad (BSP) [1] ,...
Dec 12, 2023
0 3293


Hoa Sen Group: Promoted to next level, reached the Top 10 Largest private enterprises in Vietnam in 2023
*On November 17, Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietnamNet announced the VNR500 Ranking – Top 500 largest enterprises in Vietnam in 2023. Accordingly, Hoa Se...
Dec 6, 2023
0 4188


Turkey's Borusan Group ends partnership with Salzgitter Mannesmann
Turkey's leading industrial player, Borusan Birleşik Boru Fabrikaları Sanayi ve Ticaret A.Ş. [1] , has recently announced a significant strategic shift by acquiring the remaining 23 percent sharehold...
Dec 4, 2023
0 2947


US Steel to idle Granite City mill indefinitely
In response to the need to align capacity with its order book, US Steel has made the decision to indefinitely idle the blast furnace at its Granite City mill in Illinois, impacting up to 1,000 workers...
Dec 4, 2023
0 2943


Turkey's Çelik Halat ve Tel Sanayii plans to build solar power plant in Malatya
In a significant development, Turkey's Ministry of Environment and Urbanization has initiated the environmental impact assessment (EIA) review for Çelik Halat ve Tel Sanayii Inc. [1] 's proposed sola...
Dec 4, 2023
0 2725


Deacero to build fifth mini mill in Mexico
Grupo Deacero [1] , Mexico's leading metal scrap recycler and steel producer, is set to bolster its capabilities with the construction of a fifth mini steel mill in Ramos Arizpe, Coahuila, as reported...
Dec 4, 2023
0 2857


India-based JSPL subsidiary breaks ground for green steel mill in Oman
In a significant development, Vulcan Steel [1] , an investment entity affiliated with Naveen Jindal, the key promoter of India's Jindal Steel and Power Limited (JSPL), recently conducted a groundbrea...
Dec 4, 2023
0 3169
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