News

  • China HBIS And Asian Steel Corporation Build Steel Plant In The Philippines
    The new plant capacity will reach 8M tons Recently, HBIS's(Hebei Iron and Steel Group) Philippine Steel Project Cooperation Memorandum was formally signed. The project is located in the Pfeiffer Industrial Park in Cagayan de Oro, Fiji. HBIS and the Asian Steel Corporation of the Philippines led the formation of an investment consortium to build a steel conglomerate integrating port, sintering, Continue…
  • Chinese, Japanese And Korean Companies Invest $4 Billion To Build Lithium Battery Plants In Indonesia
    Indonesian Coordinating Maritime Minister Luhut Pandjaitan said that Indonesia will spend 4 billion US dollars (about 27.456 billion yuan) to build the world's largest lithium battery factory The project, which cost $4 billion, involves investors from South Korea, Japan and China. The developer will begin construction of a lithium battery project in Morowali, Sulawesi, Indonesia on January 11. Pandjaitan said Continue…
  • 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…