Kobe Steel scandal exposes fault line in 'Made in Japan' program
  Release time: 2017/10/18 17:14:00
But that reputation has been eroded during recent years.Professor Thomas Clarke, a corporate governance expert at the University of Technology in Sydney, stressed that Japan runs the risk it will"lose out as oth...

Kobe says 500 firms affected in steel scandal
  Release time: 2017/10/16 16:44:00
Earlier this week, Kobe admitted falsifying quality data on some of its products for up to a decade.Airbus said it did not buy products directly from Kobe Steel, but that it was investigating its supply chain.An...

Steel sector grows 24 per cent
  Release time: 2017/10/16 16:43:00
Association data showed that from January to September, steel output was 15.4 million tonnes, posting a 24.2 per cent year-on-year increase.Steel consumption also rose by 20.5 per cent from the same period last ...

Global Steel Demand Growth to Slow in 2018 After Strong 2017-Worldsteel
  Release time: 2017/10/16 16:42:00
The risks to the global economy...have to some extent abated.It added, however:"In 2018 we expect growth to moderate, mainly due to slower growth in China.".Global steel demand will reach 1.648 billion tonnes ne...

Green Light Given to Korean Steel Industry
  Release time: 2017/10/12 17:32:00
According to FN Guide, a financial information provider, on October 10, POSCO is expected to post 1.111 trillion won(US$990 million)in operating profit in the third quarter of this year and 1.204 trillion won(US...

Pula Steel goes under
  Release time: 2017/10/12 17:29:00
The court’s decision followed an application by the liquidator of BCL, Nigel Dixon-Warren to place the company under provisional liquidation as the shareholders of Pula Steel had failed to inject fresh funds in...

Australian miners hit by China steel output cuts
  Release time: 2017/10/12 17:27:00
Sydney-listed mining groups were taking a hit in Thursday trade as a drive to limit steel production in China during the winter continued to undermine demand for iron ore.Shares in miner BHP Billiton were down a...

Kobe Steel admits it falsified data on aluminium and copper parts
  Release time: 2017/10/09 17:34:00
The company said the issue affected shipments from four domestic factories to about 200 customers in the year to August.End users included the troubled Mitsubishi Regional Jet.The scandal is a blow to Japan’s t...

U.S. Steel remains nation's 2nd largest steelmaker
  Release time: 2017/10/09 17:33:00
Market Realist, an independent investment research firm, reported that Nucor shipped 6.8 million tons of steel in the second quarter, a 4.5-percent increase.Steel accounted for 67 percent of the total steel prod...

China steel rallies as market eyes winter cuts, iron ore up slightly
  Release time: 2017/10/09 17:32:00
Chinese authorities have ordered heavily air-polluting industries including steel to curb output and cut emissions during the four-month winter heating period that typically begins on Nov.If all 28 Chinese citie...

China's capacity cuts lead to healthier industries: Ministry
  Release time: 2017/09/27 18:21:00
In 2016, China slashed 290 million metric tons of coal capacity and 65 million tons of capacity for iron and steel, Jia said.From January to June this year, 110 million tons of coal production capacity was reduc...

Winning hearts as well as projects
  Release time: 2017/09/25 23:31:00
Now, barely 18 months later, the company is well and truly over its brush with mortality.The output of Smederevo, which has since been renamed HBIS Group Serbia Iron&Steel(or simply HBIS Serbia), increased by mo...