Posco announced that it is shutting down its first steel wire rod plant in Ulsan after 45 years of operation as cheap foreign ...
As a second Trump Administration prepares to take office in January 2024, the future of the American steel industry remains murky. President Trump has claimed that he wants to increase steel producti ...
The Indian steel sector struggled in Q2FY25, with a 6% revenue and 46% PAT decline YoY, and key stocks falling 6–15%. Despite ...
Shares of U.S. steel stocks U.S. Steel (NYSE: X), Cleveland Cliffs (NYSE: CLF), and Steel Dynamics (NASDAQ: STLD) were ...
China unveiled tax incentives on home and land transactions on Wednesday, aiming to support its crisis-hit property market.
accounting for around half of global supply. But the Pilbara grades dug up from the country's west are generally regarded as too low to be turned into steel without using coal. That means as steel ...
As of 2024, steel prices are facing downward pressure as are the profits of manufacturers. This has been driven by slumping demand resulting from China's economic struggles as well as the supply ...
Volkswagen Group has signed a memorandum of understanding (MoU) with Thyssenkrupp Steel at the International Suppliers Fair (IZB) in Wolfsburg, Germany for to supply of low-carbon steel.