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Iran’s steel exports up 67pcIran exported 2 million tonnes of steel and steel products in the four months from March 20 displaying a 67 per cent growth compared to the figure of 1.2 million tonnes for the same period in 2015, said a report. Iran also exporte More… |
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Indian steel firm sends first shipment of rails to IranIndia-based Jindal Steel and Power Limited (JSPL), a leading steel manufacturer, has dispatched the first lot of rail to Iran from its Raigarh facility, said a report. JSPL won a contract to supply 150,000 tonnes of rails to Iran More… |
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G20 officials vow to tackle steel, industrial overcapacityThe world's top economies will work to tackle excess production capacity in steel and some other industries, including government subsidies that have distorted markets, G20 finance officials said on Saturday. In a draft statem More… |
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China’s crude steel output advances despite trade tensionsChina’s crude steel output climbed in May as the world’s biggest producer continues to churn out supply in defiance of complaints that it’s swamping the world market, said a Bloomberg report. Output rose to 70.5 More… |
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Steel industry calls on G7 to protect it from ChinaTwelve global steel associations urged the Group of Seven advanced economies, which meet in Japan this week, to prevent cheap Chinese steel distorting world markets and inflicting further pain on producers. Steelmakers have been h More… |
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Iran produces 5.5m tonnes steel in Q1Iran produced more than 5.5 million tonnes of steel in the first four months of 2016, according to data released by the World Steel Association (WSA). Iran's steel output from January to April 2016 indicated a 1.5 per cent gro More… |
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NanoSteel delivers advanced automotive steel to GMUS-based NanoSteel, a leader in nanostructured steel materials, has announced the delivery of its first advanced high strength steel (AHSS) to General Motors for initial testing. NanoSteel is an advanced materials company speciali More… |
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Steel producers fail to reach deal; US blames ChinaChina and other major steel-producing countries failed to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting US criticism of Beijing's approach and an angry response from Chinese off More… |
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Global steel demand sees declineThe World Steel Association recently cut its forecast for 2016 global steel consumption, but expects to see a return to growth in 2017, a report said. The finished steel consumption this year is likely to reach 1,488 million metri More… |
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Thousands of German steelworkers protest to defend jobsTens of thousands of German steelworkers took to the streets on Monday, demanding more action against the dumping of cheap Chinese imports and greater job protection amid uncertainty over the future of Thyssenkrupp's steel business. More… |
