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India's Steel Capacity to Increase in Eastern region

It is reported that India’s annual steel capacity in eastern region is expected to hit 160 million tons in the next 10~15 years.

Thursday, July 10, 2014

US DOC to impose duties on imports of Steel Threaded Rrod from India

It is reported that the US Department of Commerce has imposed import duties on imports of steel threaded rod from India.

Thursday, July 10, 2014

Posco and China's CISC signed Investment Understanding

It is reported that the Ministry of Trade, Industry and Energy (MOTIE) said that South Korea’s Posco and China’s Chongqing iron and steel (CISC) have signed memorandum of understanding on a US$3.3 billion investment.

Wednesday, July 9, 2014

Vedanta Mulls 5 mt Steel Unit at Bellary; may Invest Rs 30k cr

Vedanta Mulls 5 mt Steel Unit at Bellary; may Invest Rs 30k cr

Tuesday, July 8, 2014

Baosteel Set to Take Control of Aquila

Baosteel Group Corp, the owner of China's biggest publicly traded steelmaker, will take control of Australia's Aquila Resources Ltd after the third-largest shareholder accepted its bid.

Monday, July 7, 2014

POSCO, Chongqing Iron & Steel Sign Agreement for $3.3b Investment

South Korean steelmaker POSCO and China's Chongqing Iron & Steel Co have signed a memorandum of understanding for

Monday, July 7, 2014

Philippine apparent steel demands to Reach 20 Million tons by 2030

According to Philippines’ Board of Investments (BOI), the country’s annual steel demands are expected to reach 20 million tons by 2030.

Friday, July 4, 2014

US Sets Preliminary Subsidy Rates on China's Steel Wire Rod

The US Commerce Department on Tuesday set preliminary subsidy rates on imported steel wire rod from China, signaling that it may impose punitive duties on the products.

Wednesday, July 2, 2014