World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133 million tonnes (Mt) in January 2015, a -2.9% decrease compared to January 2014.
Indonesia has joined a growing list of countries that have imposed protectionist measures to safeguard interests of their domestic steel industries. Indian steel companies, too, have sought a duty hike to counter the impact of rising steel imports and are pinn...
China's steel production grew at its slowest rate in more than three decades in 2014 as a cooling economy in the world's largest producer curbed demand and the government moved to tackle overcapacity and pollution.
World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 131 million tonnes (Mt) in November 2014, a 0.1% increase compared to November 2013.
The International Trade Commission (ITC) of the United States ruled on Dec 15,2014 that an American industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China, paving the way for the US government to levy punitive...
It is reported that ArcelorMittal has signed a contract with the Saint-Nazaire shipyard to supply steel for the hulls and decks of giant cruise ships to be built by STX France.
After ruling the products were being sold below cost in the US market, US Commerce Department on Thursday set final dumping and subsidy rates on imported steel wire rod from China, paving the way for Washington to impose punitive duties on the products in the ...