News

  • 2 Million Tons Cold Rolling Project Of Tangshan Ganglu Iron & Steel Will Soon Be Completed And Put Into Operation
    2 Million Tons Cold Rolling Project Of Tangshan Ganglu Iron & Steel Will Soon Be Completed And Put Into Operation Tangshan Ganglu Iron and Steel Co., Ltd. based on the improvement of comprehensive supporting capabilities, to speed up the construction of 2 million tons cold rolling project. At present, the project shows a good trend of stability and smooth progress. Continue…
  • Vietnamese Steel Firms Urged To Ensure Material Transparency
    Vietnamese Steel Firms Urged To Ensure Material Transparency VNS reported that That’s the message from Ho Nghia Dung, chairman of Viet Nam Steel Association (VSA) after the US Department of Commerce (DoC) decided to levy import tax on steel produced in Viet Nam using Chinese-origin substrate said that Vietnamese steel makers should follow laws and requirements on origin when exporting Continue…
  • Baosteel Group’s Former Stainless Steel Plant To Get New Life As Culture Hub
    Baosteel Group’s Former Stainless Steel Plant To Get New Life As Culture Hub It is reported that the city’s 80 year old iron-steel center in the north will be preserved and developed into a scenic historical conservation zone and innovative art parks. The Baosteel Group’s former stainless steel plant in Baoshan District will be transformed into a “stainless steel scenic Continue…
  • Nisshin Steel To Become Subsidiary Of Nippon Steel & Sumitomo Metal
    Nippon Steel & Sumitomo Metal Corporation and Nisshin Steel Co Ltd resolved at their respective board of directors’ meetings held to conduct a share exchange effective as of January 1, 2019 wherein NSSMC will become a wholly owning parent company and Nisshin Steel will become a wholly owned subsidiary, making Nisshin Steel a wholly owned subsidiary of NSSMC, in order Continue…
  • New Zealand Steel Asks High Court To Overturn Steel Subsidy Decision
    New Zealand Steel Asks High Court To Overturn Steel Subsidy Decision Scoop Media reported that New Zealand Steel wants the High Court to overturn a decision by the government not to tax Chinese steel imports, which the firm says flooded the local market and cut into profits. NZ Steel, which is a wholly-owned subsidiary of Australia''s Bluescope Steel, lodged an Continue…
  • Seven Countries Criticise EU Safeguard Move On Steel Imports
    Seven Countries Criticise EU Safeguard Move On Steel Imports Economic Times that European Union’s decision to initiate a safeguard investigation on imports of certain steel products is adding to the problem of growing protectionism worldwide. The EU while initiating the move on March 26, however failed to cite a “sharp and significant increase in the targeted products" and resultant “injury Continue…