Business
Nippon Steel expects profit to drop 43% this year, US steel decision by early June
Nippon Steel expects net profit to slide 43 per cent in the fiscal year ending March 2026, it said on Friday (May 9), citing a weak global…
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Steel
News
Pilot and co-pilot die in small plane crash at German steel plant
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
China’s steel market is still in thrall to bleak property data
Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the…
Business
South Korea’s Hyundai to announce US$20 billion US investment, new steel plant
[WASHINGTON/SEOUL] South Korea’s Hyundai Motor Group is set to announce a US$20 billion investment in the US at the White House on Monday…
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China must cut 15% of steel capacity to meet 2025 climate goals
CHINA needs to tackle its steel glut by cutting 15 per cent of capacity this year, if mills are to meet their 2025 climate goals and…
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GRP, Primetals Technologies partner to produce sustainable steel
Gunung Raja Paksi (GRP), Indonesia's largest privately owned steel manufacturer, has entered an agreement with Primetals Technologies to…
Business
BHP sees recovery in steel and copper demand, logs lowest profit in six years
BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global…
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‘Man of Steel’ Actor Henry Cavill Named Longines Brand Ambassador
Henry Cavill is lending his star power to Longines. The “Man of Steel” actor is joining the Swiss watch brand as its latest brand…
Business
Nippon Steel slumps after Trump suggests US Steel investment
NIPPON Steel slumped the most in four months after a closely watched summit between US President Donald Trump and Japanese Prime Minster…
Business
US Steel posts muted quarterly results amid Nippon deal snag
US STEEL reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy…
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China may miss target for cleaning up largest steel industry
CHINA looks set to miss a year-end target for boosting production of less-polluting steel as usage rates for cleaner, newer furnaces stall…
Business
How Young Entrepreneurs Can Leverage Sustainability Trends in the Steel Industry
The steel sector is undergoing a huge change toward sustainability, giving young entrepreneurs chances to make a difference. As…
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Nippon Steel makes final push to win over US workers
NIPPON Steel clarified its spending plans at US mills owned by US Steel as part of last-ditch efforts to win over workers and politicians…
Business
China’s steel mills and oil refiners bear brunt of tepid economy
CHINESE commodities producers centred on the old economy are still bearing the brunt of the nation’s economic slowdown, with steelmakers…
Business
Chinese stimulus to real estate checks steel price slide, worries persist
Steel prices had been on a downward trend, and experts agree that China’s stimulus has boosted global sentiment | (Photo: Shutterstock) 4…
Business
Nippon Steel invests in Mlion, eyes stronger Asean foothold
The Japanese steel giant hopes to leverage Mlion’s position as a market leader in the steel sheet piling sector SINGAPORE-headquartered…
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Britain’s biggest steel works to end production after 100 years
BRITAIN’S biggest steelworks will end production later on Monday (Sep 30), when the final blast furnace at Port Talbot in Wales will close…
Business
US Steel says arbitration board in favor of Nippon Steel's $14.9 bn buyout
Nippon Steel had paid a hefty premium to clinch the deal for US Steel on a bet that it could benefit from US President Joe Biden's…
Business
Coal imports rise marginally by 0.9% to 90.51 MT in Apr-Jul of FY25
Coal production during the April-July FY25 period increased 9.56 per cent to 321.40 MT 2 min read Last Updated : Sep 25 2024 | 3:41 PM IST…