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CHINA STEEL PRODUCTION DROP
EU and China strike interim trade deal that could cut Chinese hybrid exportsChina and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on cer...
China issues guidelines for 'new productive forces' including AIChina is set to implement technology monitoring and risk warning systems to ensure the safety of artificial intelligence. The government wi...
US has India as an ally and a target of investigation in the same manufacturing fightIndia has aligned itself with a US-led initiative aimed at mitigating global manufacturing overcapacity, joining 15 nations in this coopera...
Rising oil, weak rupee and rate fears hammer Dalal Street; VIX jumps 10%On Thursday, Indian equities faced a significant sell-off, leading to declines in both Sensex and Nifty. The Sensex dropped by 1,045.46 poi...
India, 14 others ink joint ministerial statement to curb structural excess capacityIndia has joined the US, EU, UK and 12 other economies in a joint statement to tackle structural excess capacity and production, despite fa...
Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
Webull’s 29% stock plunge follows a deeper question: how much of its U.S. brokerage depends on China-linked people, technology and infrastructureWhat sent Webull stock down? Webull stock fell as much as 29% after a House report said the brokerage’s China connections pose a national s...
India steel ministry unlikely to seek new curbs on cheap imports, government source saysIndia's steel ministry has decided against new measures to restrict cheap steel imports for now. The country is dealing with increased impo...
Backward integration, captive power seen aiding profitability of secondary steel playersSecondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile ...
Nike stock chart forms a 'Jumpman' after shares plunge - why is NKE down and the story behind Michael Jordan’s iconic logoNike’s stock chart has sparked a joke after commentator Trung Phan said its recent decline created a “Jumpman formation.” The comparison co...
Domestic steel demand to rise; in talks with the Netherlands government over steel production: Tata Steel CEOTata Steel CEO T V Narendran stated that domestic steel demand is expected to grow 8-10% in the coming months. He mentioned positive signs ...
China digs 8,300 metres beneath Xinjiang desert: What is hidden in the desert below?China is accelerating oil and gas exploration in ultra-deep and offshore reserves to strengthen domestic energy supplies amid global market...
SAIL H1 hot metal output 10.2 MT, up 2% on yearSteel Authority of India Ltd has set a new benchmark with a record hot metal production of 10.2 million tonnes for the period of April to S...
Tata Steel expanding NINL capacity to 5 MT per annum: CEO TV NarendranTata Steel is channeling Rs 40,000 crore towards boosting the capacity of Neelachal Ispat Nigam Limited (NINL) by an impressive 5 million t...
China launches anti-dumping probe into chemical compound p-nitrotoluene from the EUChina has launched an anti-dumping investigation regarding p-nitrotoluene imports from the European Union due to trade tensions. This inves...
Greer urges G20 to back Trump tariff agenda, takes aim at ChinaUS Trade Representative Jamieson Greer urged G20 major economies to refrain from coercive food trade actions. He emphasized the need to tac...
SAIL flies in Mongolian coking coal as it seeks new supplies, sources saySteel Authority of India has airlifted a 1-metric-ton sample of coking coal from Mongolia for testing. This trial was initiated as part of ...