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Sweden-based SKF moves part of its production from South Korea to Mexico
Sweden-based global bearing company SKF [1] has recently made strategic adjustments to its production operations by relocating a portion of its automotive bearing manufacturing from its Busan facili...
dic. 21, 2023
0 2970
News


EUROFER: Recognition of net-zero steel technologies may boost European green market
In a significant move, the European Council has incorporated transformative industrial technologies, particularly those focused on decarbonizing energy-intensive sectors like steel, into the list of n...
dic. 21, 2023
0 2657
News


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...
dic. 12, 2023
0 2355
News


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 ...
dic. 12, 2023
0 2608
News


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...
dic. 12, 2023
0 3009
News


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...
dic. 12, 2023
0 3016
News


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 (...
dic. 12, 2023
0 3525
News


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] ,...
dic. 12, 2023
0 3293
News


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...
dic. 6, 2023
0 4188
News


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...
dic. 4, 2023
0 2947
News


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...
dic. 4, 2023
0 2943
News


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...
dic. 4, 2023
0 2725
News
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​  183 Nguyen Van Troi, Comuna 10, Distrito Phu Nhuan, Ciudad de Ho Chi Minh, Vietnam. ​
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