India's core industries grow over 12 pct in October: ministry

India's eight core industries, namely cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products and steel, registered a 12.1 percent growth in October compared to the same month last year.

Monday, December 4, 2023

U.S. manufacturing PMI contracts for 13 straight months amid slowing economy

Economic activity in the U.S. manufacturing sector contracted in November for the 13th month in a row, the Institute for Supply Management (ISM) said Friday.

Monday, December 4, 2023

EU-US Global Arrangement on Sustainable Steel still shaky

Following the meeting of the EU Trade Council on 27 November 2023, there still seems to be no solution to the steel dispute with the United States.

Monday, December 4, 2023

AISI: US Steel Imports Unchanged In October vs. September

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,182,000 net tons (NT) of steel in October 2023.

Friday, December 1, 2023

Mining Boosts Australia Business Investment to 8-Year High, Outlook Upbeat

Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were upgraded in a much-needed boost for economic growth.

Friday, December 1, 2023

ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan

ArcelorMittal South Africa (AMSA) CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business

Wednesday, November 29, 2023

EU urges US to make steel import quotas less rigid

The United States needs to make quotas for imported EU steel far less rigid, assuming they are extended beyond the end of this year, European Commission Vice President Valdis Dombrovskis said on Monday.

Tuesday, November 28, 2023

China's iron and steel industry needs innovation

China's iron and steel industry needs to step up efforts on innovation and other practices to reduce cost and increase efficiency, to cope with challenges and realize high-quality growth, according to industry experts.

Monday, November 27, 2023
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