Tuesday 1 September 2015
 
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Steel

India steelmakers mull price cuts after China devaluation

India's JSW Steel and Kalyani Steels are considering cutting some steel product prices to preserve market share, worried Chinese exports will become even cheaper due to a weaker yuan, company executives told Reuters. India - t

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Excess capacity, price flux key challenges to steel

While excess capacity and price volatility are among the key challenges faced by the steel industry, digital is shaping the future of metals in a complex business environment, said the managing director of Accenture metals. John L

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Excess capacity, price flux key challenges to steel

While excess capacity and price volatility are among the key challenges faced by the steel industry, digital is shaping the future of metals in a complex business environment, said the managing director of Accenture metals. John L

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Iran plans to more than double steel production by 2025

Iran plans to more than double its steel production by 2025 and boost its exports once international sanctions are lifted, said a report. The country also has $29 billion worth investments in the mining sector which has been recei

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NSK bearings deliver savings to steel plate rolling mill

NSK (Nippon Seiko Kabushiki Kaisha), a roller bearing specialist and automotive supplier, said its bearings have helped a major steel manufacturer’s plate rolling mill achieve €46,000 ($50,819) savings. Until recently,

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Posco eyes Iran steel market

Posco said it had been in touch with several Iranian firms seeking to do business with the South Korean steelmaker after sanctions were lifted, CEO Kwon Oh-joon said on Wednesday. "A few steel companies in Iran already have c

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Iran deal will open door to cement, steel imports

Any nuclear deal between Iran and six world powers loosening sanctions against Tehran could flood an oversupplied oil market with more fuel, yet sectors like cement and steel would see a rise in demand as the country works to revitalise its econ

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Iran deal will open door to cement, steel imports

Any nuclear deal between Iran and six world powers loosening sanctions against Tehran could flood an oversupplied oil market with more fuel, yet sectors like cement and steel would see a rise in demand as the country works to revitalise its econ

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ArcelorMittal seeks S Africa steel tariff protection

Africa's largest steel maker, ArcelorMittal South Africa, has asked the government to impose a 10 per cent import duty on steel and in return it may offer shares to black empowerment partners, a newspaper reported on Sunday. S

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Iran steelmakers request import duty hikes

Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 per cent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China. Chin

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