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Chinese steelmakers reduce September prices for flat rolled products
Baosteel cut prices for steel coil for September sales by $14/t China’s largest flat producers (Baosteel, Angang and Bengang) have reduced flat offer levels for September sales, which are expected to ...
Aug 14, 2024
0 1599
News


A bill to transform the steel industry was introduced in the United States
The Modern Steel Act provides for the construction of new steel mills in deindustrialized cities U.S. Democratic Congressman Ro Khanna has introduced a bill to revive the steel industry – the Modern S...
Aug 13, 2024
0 1630
News


US rig count increases week-on-week while Canadian rig count decreases
Baker Hughes has reported that for the week ending on August 9, 2024, the US rotary rig count increased by two to 588. The number of rigs drilling for gas decreased by one to 97, while the number of r...
Aug 13, 2024
0 1855
News


Ukraine’s law on industrial pollution puts additional pressure on enterprises during the war
Ukrainian business has a limited time to implement it The new law “On Integrated Prevention and Control of Industrial Pollution”, signed by the President of Ukraine in August, puts additional pressure...
Aug 13, 2024
0 1589
News


Steel output and sales of Vietnam rise in January-July
According to the Vietnam Steel Association (VSA), in July this year finished steel production in Vietnam totaled 2.53 million mt, increasing by 2.59 percent month on month and up by 5.2 percent year o...
Aug 13, 2024
0 1773
News


Canadian steel producers demand immediate action against Chinese imports
The Canadian Steel Producers Association and the Aluminium Association of Canada has released a joint statement regarding the real impact and ongoing threat of imports from China as well as Chinese ov...
Aug 13, 2024
0 1778
News


Mexican AHMSA recognizes the bankruptcy of the company due to insolvency
The Mexican steel giant Altos Hornos de México (AHMSA) acknowledged that in the coming days it will be declared bankrupt after failing to reach an agreement with its creditors in the bankruptcy proces...
Aug 13, 2024
0 1969
News


SEAISI: Construction recovers in some ASEAN countries, leading to increased longs imports
The South East Asia Iron and Steel Institute (SEAISI) has stated that long steel imports into the ASEAN-6 countries in 2023 amounted to 11.8 million mt, increasing by 10.4 percent year on year, due to...
Aug 12, 2024
0 1808
News


Kametstal begins reconstruction of key substation
The nodal substation is part of the «energy island» of the enterprise In July 2024, the Kametstal Iron and Steel Works began reconstruction of the Novodomenna substation using new European equipment....
Aug 12, 2024
0 2283
News


Czech-based Třinecké Železárny joins forces with ČEZ ESCO to decarbonize steelmaking
Czech Republic's largest steelmaker Třinecké Železárny has announced that it has signed an agreement with ČEZ ESCO, a domestic supplier of energy-saving and decarbonization solutions, to decarbonize i...
Aug 12, 2024
0 1858
News


Nippon Steel to invest in Thai subsidiaries to strengthen quality capabilities and competitiveness
Japanese steel producer Nippon Steel Corporation has announced that its Thailand-based subsidiaries G Steel Public Company Limited (G Steel) and G J Steel Public Company Limited (G J Steel) have decid...
Aug 12, 2024
0 1716
News


Rizhao Section Steel becomes wholly-owned subsidiary of Rizhao Steel Holding Group
The equity in Shandong Province-based Chinese steelmaker Rizhao Section Steel held by Shandong Province-based Chinese steelmaker Rizhao Steel Holding Group Co., Ltd has increased from 70 percent to 10...
Aug 12, 2024
0 2046
News
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​ 183 Nguyen Van Troi Street, Phu Nhuan Ward, Ho Chi Minh City, Vietnam.    
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