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Posco’s high manganese steel recognized as global standard
Release time: 2017/05/23 16:36:00
ASTM International is a nonprofit standards development company that develops and publishes technical standards for materials, products, systems and services.A listing with the ASTM means that Posco’s creation ...
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India becomes second largest steel producer in the world
Release time: 2017/05/23 16:28:00
India’s stainless steel production rose to 3.32 million tonne in 2016 showing an impressive growth of about 9% over 3 million tonne it produced in.National Steel Policy released by Ministry of Steel will also g...
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Tata Steel offers ￡550m to resolve long-running pensions row
Release time: 2017/05/17 17:07:00
Unions reacted cautiously to the announcement by the Indian-owned company that it would pump￡550m into the British Steel pension scheme–one of the UK’s largest, with liabilities of￡15bn and 130000 members.Th...
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Iran’s top steel firm adds to laurels with new stake
Release time: 2017/05/17 17:05:00
The purchase raised MSC’s stake in Mines and Metals Development Investment Co.(MMDIC)to 35.4%, making it the investment company's largest shareholder, media reports said on Saturday.The latest coup by MSC, whic...
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Vietnamese steel suffers slow growth
Release time: 2017/05/17 17:00:00
Steel prices continue their downward trend, making competition to maintain market shares more severe.The association will continue to analyse and provide information on the massive imports of long steel pipes an...
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China unveils detailed plan to cut overcapacity in steel, coal
Release time: 2017/05/15 17:11:00
By the end of June, all facilities producing inferior-quality steel bars will be dismantled and supply of steel will be increased to avoid wild fluctuations of steel price.According to the implementation plan fo...
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China's Apr steel exports at 6.49 mil mt, falls 14% from Mar, 29% on year
Release time: 2017/05/09 16:12:00
Over January-April, steel exports totaled 27.21 million mt, down 26% year on year, the data showed.The decline in April exports was within market expectations, as April shipments were mostly booked in February a...
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U.S. to impose anti-dumping tariffs on Taiwan steel makers
Release time: 2017/05/09 16:09:00
In a final ruling on May 5, the U.International Trade Commission(USITC)said steel makers in the eight countries had caused material damage to their U.China Steel Corp., the largest steel supplier in Taiwan, will...
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City economy weighs heavily on steel
Release time: 2017/05/09 16:07:00
And government jobs play an equally important role in the local economy and what happens in Sault Ste.Marie, city council was told Monday.He said the manufacturing industry is still the most important industry t...
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China questions EU ruling on Chinese hot-rolled coil
Release time: 2017/05/08 15:26:00
Ignoring the fact that Chinese commercial banks operated independently in accordance with market principles, the EC asserted their loans to the producers were preferential lending, said Wang Hejun.Head of the tr...
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Nippon Steel holds off profit target on price uncertainty
Release time: 2017/05/02 16:51:00
Revenue ticked down 5.6% to￥4.63tn, while operating profit dropped by nearly one-third from a year earlier.Results were affected by a less favourable sales mix, which stemmed from sluggish demand for steel prod...
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Indian steel production to remain high in 2017-18
Release time: 2017/04/28 16:49:00
Sharing its outlook for steel industry in the current year, the latest report by the agency said government allocation for infrastructure in the union budget 2017-18 is expected to act as driver for construction...
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