MENA's Steel Renaissance"

This landmark collaboration signifies a convergence of industry expertise, with both entities set to harness their strengths for mutual advancement.

Thursday, December 14, 2023

ArcelorMittal SA's Shutdown Signals Economic Strain

In a significant economic upheaval, ArcelorMittal South Africa, the continent's largest steelmaker, has announced the closure of its operations in Newcastle and Vereeniging.

Thursday, December 14, 2023

Baosteel's $1.5B Move: Shandong Stake

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.

Thursday, December 14, 2023

JSW Steel USA Ohio's $145M Upgrade Drive

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.

Thursday, December 14, 2023

South Korea offers $29 billion in aid to battery makers amid metals war

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.

Wednesday, December 13, 2023

China's Sky Pact: Steel Plant Ban for a Cleaner Horizon

In a landmark move, China has escalated its efforts to combat air pollution by imposing a sweeping ban on new steel plants.

Tuesday, December 12, 2023

Dollars & Decisions: Thyssenkrupp's Steel Tango

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...

Tuesday, December 12, 2023

China publishes action plan to improve air quality

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.

Tuesday, December 12, 2023
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