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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

Steel Meets Tech: Baowu-Huawei Pact

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

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

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

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 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

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

Means of production prices mostly fall in China

Most capital goods monitored by China's statistical authorities reported lower prices in late November compared to mid-November, official data showed.

Tuesday, December 12, 2023
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