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...
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...
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....
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...
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...
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...
Ukrainian Railways should focus on growing its cargo base, not tariffs – EBA The association also believes that changes are needed in the direction of cross-subsidizing passenger transportation at the expense of cargo transportation The European Business Association (EBA) bel...
Turkey imposes provisional anti-dumping duties on HRC from 4 countries The restrictions will apply to hot-rolled products produced in China, India, Japan and the Russian Federation Turkey has announced the preliminary results of an anti-dumping investigation into hot-ro...
Canadian steelmakers demand urgent action against Chinese dumping Canadian steel and aluminum producers point out that the United States and Mexico have already taken appropriate measures Canadian steel and aluminum producers are calling on the government to impose...
EU launches AD investigation on HRC from four countries including Vietnam The European Commission has announced that it has launched an antidumping investigation on imports of certain iron, non-alloy or other alloy hot rolled steel from Egypt, India, Japan and Vietnam. The ...
Tanzania to develop its first iron ore project, backed by Chinese investment Dr. Nicolaus Shombe, director general of Tanzania's state-owned National Development Corporation (NDC), has announced that NDC and China-based Fujian Hexingwang have signed an agreement to develop the...
China issues work plan to establish dual-control system for CO2 emissions China's State Council has issued a detailed work plan to establish a dual-control system for carbon emissions, signaling China's practical shift from energy consumption control to carbon emissions con...
