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India will monitor Chinese steel imports before deciding on further curbs, source saysIndia is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a thre...
The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...
Indian steelmakers grapple with resurgence of cheap Chinese importsChinese steel exports to India surged in April, reaching a two-year peak. This influx of cheaper steel, including hot-rolled coils and stai...
EU import cuts threaten Ukraine's battered steel sector, Interpipe CEO saysUkraine's vital steel sector faces a new threat from European Union import quotas. This move could severely damage the war-torn industry, d...
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
South Korean shares end 8% higher as Samsung hits record on pay dealSouth Korean shares surged 8% on Thursday, led by Samsung Electronics reaching a record high after a labor deal averted a strike, easing ec...
Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
US government stake in Intel has jumped 300% to $36 billionThat’s the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Exe...
China, India place strategic bets on clean energy out of favour in the WestChina and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on s...
India aiming to cut steel emissions by 25%, double capacity, document showsIndia is set to boost its steel production significantly by 2035-36. The new National Steel Policy 2025 targets a substantial reduction in ...
JSW Steel seeks bigger share of met coke quotas to meet shortfall, sources sayJSW Steel is requesting the Indian government to increase its import quota for low-ash metallurgical coke due to operational difficulties a...
- JSW set to be biggest steelmaker by March; likely to overtake SAIL
Along with Ispat’s 3.3 mn tonne capacity, JSW’s combined capacity is already ahead of Tata Steel and Essar Steel making it the No 1 in priv...
- ThyssenKrupp forecasts 1 bn euro profit
ThyssenKrupp hopes to make a pre-tax profit of at least one billion euros in its current fiscal year
- Mittal predicts 21% jump in steel prices, stokes row
Lakshmi Mittal, chief executive officer of ArcelorMittal, the world’s biggest steelmaker, stoked a row over how global prices are set by te...
- ArcelorMittal South Africa end talks with black group
ArcelorMittal South Africa Ltd., the biggest steelmaker in Africa, ended talks to sell a stake to black investors as the global economic re...
- China gets new steel maker, Guangxi Iron & Steel
Major Chinese steel maker Wuhan Iron & Steel Group has joined with smaller partner Liuzhou Iron & Steel Group to set up a venture with an e...
- Severstal to buy US coal miner for $1.3 billion
Severstal, Russia's biggest steelmaker said on Friday it will buy US coal miner PBS Coals for $1.3 billion (876 million euros).
- ArcelorMittal buys into Chinese steel wire co for $27 m
Arcelor Mittal, the world’s largest steel maker, said Monday it bought 90% of Chinese steel wire company Rongcheng Chengshan Steelcord for ...
- 100,000 tons lost in Mittal Steel S A fire
Mittal Steel South Africa Ltd, Africa's biggest steelmaker, said it will lose 100,000 tons of production after a fire at its largest plant ...