
Nippon Steel says Japan’s 3 megabanks plan $16 bln loan for U.S. Steel acquisition
Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group and Mizuho Financial Group plan to lend Nippon Steel a combined $16 billion

Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group and Mizuho Financial Group plan to lend Nippon Steel a combined $16 billion

In February, the market will usher in the traditional Chinese New Year. Downstream companies will suspend work and take holidays

The number of Chinese steel exports to Europe, the United States and other regions has gradually decreased, while the growth rate…

Vertically integrated steel giant Cleveland-Cliffs capped off a strong 2023 with solid Q4 results and optimistic forecasts for the year ahead

According to SMM research, on January 31, the blast furnace operating rate was 88.55%, up 0.15% MoM. The utilization rate was 89.60%

Exports had shown an aggressive uptrend last year, ending with a volume of 91.20 million tonnes (mnt), a 35% increase over 67.45 mnt

The Purchasing Managers’ Index (PMI) for China’s steel industry remained unchanged on month at 46 in January,

Did China’s steel industry really get within a whisker of meeting Beijing’s production cap last year?

Indian steel demand is likely to grow 8% to 10% in the medium term, underpinned by robust economic growth in steel consumption

A new, 75 billion-ruble (roughly $840 million) coking plant in the steel town is being built by a Chinese engineering company and workers

Tata Steel formally announced its plans to permanently blow down the two blast furnaces at its Port Talbot works.

Prices may not fluctuate too much ahead of the Lunar holidays but may trend down post-holidays, depending on raw material and demand trends.