UK approves plan to rescue key sectors
UK's Chancellor of the Exchequer Rishi Sunak has authorized a bailout plan to rescue companies that are seen as strategically important. |
Croatian PM happy with progress of Peljesac Bridge construction
Croatian PM happy with progress of Peljesac Bridge construction. |
SOEs' reform will help govt focus on innovation, tech-driven growth, experts say
SOEs' reform will help govt focus on innovation, tech-driven growth, experts say. |
CHINA REBAR: Rains cause drop in demand, prices down
Eastern China (Shanghai): 3,520-3,550 yuan ($493-498) per tonne, down by 20 yuan per tonne. |
CIS STEEL SLAB: Price surges on fresh sale to Turkey, demand in Asia weakens
CIS export slab prices have continued to climb in the second half of May, supported by Turkish customers accepting higher-priced deals. |
EU GREEN STEELMAKING: ArcelorMittal receives $82m EIB loan for two projects
Steelmaker ArcelorMittal is to receive a €75 million ($82 million) loan from the European Investment Bank (EIB) to be used on its projects intended to reduce carbon emissions. |
Singapore's rebar market continues to experience limited spot trade amid Covid-19 pandemic
The Singapore rebar import market is still experiencing limited spot trading despite the gradual restart of the domestic construction industry. |
Some key US steelmakers kick off second sheet price hike
US Steel said it is raising its US flat-rolled steel spot pricing by $40/st effective immediately, without mentioning any target base prices. |
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