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McKinsey analysts in a recent report said that the early years of the new millennium were a profitable period for steelmakers, largely driven by the surging Chinese economy.

Posted By : Ratan Singh 4 hours 3 minutes ago
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Xinhua reported that China’s State-owned Assets Supervision and Administration Commission (SASAC) said that China's centrally administered state-owned enterprises (SOEs) achieved their annual steel and coal capacity...

Posted By : Nanda Koijam 4 hours 6 minutes ago
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Financial Express, citing bankers, reported that following a positive viability assessment report for Jindal Steel & Power (JSPL), lenders have sought the Reserve Bank of India’s (RBI) permission to allow them to...

Posted By : Nanda Koijam 4 hours 9 minutes ago
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Brazilian newspaper Valor Economico, citing unidentified sources, reported that Brazil’s antitrust watchdog Cade will press steelmakers ArcelorMittal SA and Votorantim Siderurgia SA for more asset sales before...

Posted By : Nanda Koijam 4 hours 11 minutes ago
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Reuters reported that the supervisory board of Austrian steelmaker Voestalpine will decide by the summer whether to extend its chief executive’s contract, the group said on Wednesday

Posted By : Nanda Koijam 4 hours 12 minutes ago
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US Secretary of Commerce Wilbur Ross announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of stainless steel flanges from the People’s Republic of China (China) and India

Posted By : Nanda Koijam 4 hours 14 minutes ago
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Tax News reported that US manufacturers are optimistic that President Trump could impose new tariffs on steel and aluminum imports within the next three months, following the conclusion of a long-running Commerce...

Posted By : Nanda Koijam 4 hours 17 minutes ago
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In response to the series of announcements made by Kobe Steel Ltd. regarding improper conduct related to materials used in vehicles, Toyota have urgently investigated the impact of this matter on Toyota and Lexus...

Posted By : Nanda Koijam 4 hours 24 minutes ago
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Reuters reported that shareholders led by activist investor Cevian have renewed calls for structural change at Thyssenkrupp, putting more pressure on Chief Executive Heinrich Hiesinger before the steelmaker’s annual...

Posted By : Nanda Koijam 4 hours 18 minutes ago
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Tribune reported that an environmental group is suing US Steel, alleging that one of the company’s northwestern Indiana plants has repeatedly violated its wastewater permit with illegal discharges.

Posted By : Nanda Koijam 4 hours 20 minutes ago
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