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Tag Archives: Steel sector

South Africa government seeks remedies for steel sector

The South African government is seeking remedies to help the embattled local steel industry. Economic Development Minister Mr Ebrahim Patel while speaking ahead of a briefing to Parliament’s economic development committee said that the local steel industry is suffering along ...

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China’s steel sector hit by new round of anti dumping probes

Want China Times reported that China’s steel producers are dealing with what the sector has described as a “Black May” after several countries followed Europe and launched or have decided to launch investigations into alleged dumping. In mid May, the ...

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Steel sector faces challenge of tying up funds: Tata Steel MD

The steel industry faces the biggest challenge of tying up ₹12 lakh crore required to meet the target of adding 200 million tonnes of production capacity over the next 10 years, said TV Narendran, Managing Director, Tata Steel. Speaking at ...

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Is rally in China’s pollution control hit steel sector sustainable as iron ore continues sliding

China has vowed to deepen its war on pollution, particularly in Hebei province, which surrounds the capital Beijing and is China’s largest steel producer. The move has forced many inefficient steel mills to cut output giving support to steel prices ...

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India boosts R&D in Iron and Steel sector

India is implementing Research and Development programmes to boost it iron ore and steel sector. Major Steel players in the public as well as private sector have made investments in R&D. Major steel companies like Steel Authority of India Limited ...

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China’s Steel Sector Takes an Uncharted Path

Officials from the China Iron and Steel Association are projecting that the country’s crude steel production will fall by 1 percent in 2015 — the first year of negative growth in decades — after growing a paltry 0.9 percent in ...

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High energy, logistics costs hold back growth of Mexico’s steel sector

High costs for both energy and logistics have been holding back the expansion of the steelmaking industry in Mexico, Jose Luis de la Cruz, manager director at the country’s Institute for Industrial Development and Economic Growth (Idic), said in an ...

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China’s steel sector needs restructuring, output is peaking – association

China‘s steel industry needs to speed up its restructuring by slashing excess capacity, improving efficiency and switching to higher-quality products, with output now approaching its peak, a senior industry official said. “China’s steel sector has already entered a period of ...

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Fiercer competition looms in steel sector next year

Experts believe domestic steel firms will have to deal with an increasing competition triggered by cheap Chinese alloy steel imports, more steel imports from Russia, and an oversupply of many steel products on the home market. Pressure from Russia Thep ...

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Fiercer competition looms in steel sector next year

VietNamNet Bridge – Experts believe domestic steel firms will have to deal with an increasing competition triggered by cheap Chinese alloy steel imports, more steel imports from Russia, and an oversupply of many steel products on the home market. Pressure ...

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