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...
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 (...
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] ,...
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...
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...
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...
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...
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...
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...
Barış Çiftçi: Global steel industry expected to grow in coming period In a recent assessment at the 18th SteelOrbis Steel Conference, themed "New Horizons in Steel Markets," Dr. Barış Çiftçi, the Director of Industry Analysis at the World Steel Association [1] (worlds...
Hoa Sen Group was honored as TOP 25 Leading consumer goods and industrial companies (Forbes Vietnam) *With a brand value of at USD 44 million by Forbes Vietnam, Hoa Sen Group was honored in TOP 25 leading consumer goods and industrial companies in 2023.* On October 17, 2023, at the 2023 Brand Confere...
Vietnamese National Brand – Opportunity for the Construction Materials industry *In a recent report by KB Securities Vietnam Joint Stock Company (KBSV), it is expected that domestic steel demand may begin to remain positive from the beginning of 2024 thanks to relatively low inte...
