In a significant economic upheaval, ArcelorMittal South Africa, the continent's largest steelmaker, has announced the closure of its operations in Newcastle and Vereeniging.
As of 2022, Baosteel's parent company, Baowu Group, emerged as a global steel leader, producing a staggering 131.84 million metric tons of crude steel.
JSW Steel USA Ohio Inc., a wholly-owned subsidiary of India's JSW Steel Limited, is embarking on a transformative journey with plans to raise $145 million in long-term debt funding.
South Korea unveiled a 38 trillion won ($29 billion) financial package over the next five years aimed at helping local electric-vehicle battery makers diversify their supply chains as the US calls for a reduced reliance on China.
Shares in Thyssenkrupp have experienced a dip following the news, with concerns about potential financial contributions deterring some investors. A key challenge is the 2.6 billion euros in steel-related pension liabilities, a stumbling block in negotiations w...
China's State Council on Thursday published an action plan to improve air quality amid the country's effort to promote high-quality economic development.