Business
Climate group files complaint against global steel giant ArcelorMittal
European steelmaker ArcelorMittal is an industrial giant, producing more of the high-strength metal than any other company except China’s…
Tag
Steel
Culture
OCBC invests in low-carbon steel in Malaysia’s Sabah
The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated…
Culture
Tata Steel calls for extension of import tariffs on some steel products to India
India’s Tata Steel hopes the government will extend import tariffs on some steel products to guard against the threat of imports,…
Culture
Japan’s trading houses brace for more pain from China steel glut
The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six…
Culture
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market Nippon Steel,…
Culture
China’s Baosteel in discussions on steel investments from Asia to Africa
Beijing is also facing anti-dumping duties from a number of countries as they seek to keep out cheaper Chinese supplies after domestic use…
Culture
China’s exports of semi-finished steel surge by more than 300%
China has more than quadrupled its exports of steel in semi-finished form so far this year, adding to an unprecedented flood of the metal…
Culture
US hikes steel, aluminium tariffs on imported appliances, railcars, EV parts
The US Commerce Department said on Tuesday (Aug 19) that it is hiking steel and aluminium tariffs on more than 400 products, including…
Culture
Chinese steel and coal output drop as supply pressures mount
Chinese steel and coal output fell in July, as bad weather affected operations and the government’s efforts to rein in overcapacity…
Culture
Britain says EU is removing tariffs on steel under quota
Britain said the European Union will remove tariffs on key steel products under a quota system from Friday as part of a reset of ties and…
Culture
Chinese steel profits recover as Beijing targets overcapacity
The profitability of Chinese steel mills began to recover last month, with the improvement likely to accelerate in the second half of the…
Business
Thyssenkrupp warns its green steel plant could become more expensive
A general view of the logo of the Engineering company thyssenkrupp. Roland Weihrauch/dpa Germany's largest steel maker, Thyssenkrupp…
Culture
Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel
Malaysia said on Saturday (Jun 21) it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and…
Culture
ArcelorMittal drops plans for green steel in Germany due to high energy costs
ArcelorMittal, the world’s second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to…
Business
ArcelorMittal changes plans for 'green' steel at German sites
Flags of the steel producer ArcelorMittal wave in the wind. Patrick Pleul/dpa Steel company ArcelorMittal is altering its plans for…
Culture
Debt to decarbonisation: challenges for Nippon Steel
Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a…
Culture
Trump said Nippon-US Steel deal has resolvable national security risk
US PRESIDENT Donald Trump said on Friday (Jun 13) that concerns over national security risks posed by Nippon Steel’s US$14.9 billion bid…
Culture
US: Wall Street opens lower after Trump’s steel tariff threat
Wall Street’s main indices opened lower on Monday (Jun 2) after US President Donald Trump revealed plans to double tariffs on imported…
Culture
Singapore shares fall after Trump vows to double steel tariffs; STI down 0.1%
Shares on the Singapore bourse ended lower on Monday (Jun 2), after US President Donald Trump said last week that he would double tariffs…
Culture
Trump says he plans to double steel, aluminum tariffs to 50%
US President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel and aluminum to 50 per cent from 25…
Culture
Trump celebrates Nippon Steel 'deal' with rally at Pennsylvania plant
US President Donald Trump on Friday (May 30) lauded a “partnership” between Nippon Steel and US Steel at a political rally but stopped…
Culture
Nippon Steel could offer Washington golden share to seal US Steel deal, Nikkei reports
Deliberations over the idea, which would give Washington the power to veto important management matters Nippon Steel is considering…
Culture
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…
Culture
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…