Tokyo Steel Posts Profit in Apr-Jun 2015
Tokyo Steel, one of the major H beam manufacturers in Japan, has announced its combined sales revenue during April to June was ¥37.41 billion, reducing by 15.6% year on year. |
Stricken China Steel Mills look to State to Ease Exit Strategy
Many loss-making Chinese steel mills could finally be ready to shut their doors this year, with the government expected to offer more incentives for stricken enterprises to close as the economy slows and a war on smog intensifies. |
Shagang Cuts Stake in Listed Steel Unit to Diversify
The decision by the nation's largest private steelmaker, Shagang Group, to sell 55.1 percent of the shares in its Shenzhen-listed unit |
China's Steel Exports Rise for Record Fifth Month
Steel exports from China, the world's largest producer, rose to a record for a fifth month as new tax rules for some shipments failed to slow sales. |
China Sees Difficulty in Bloated Steel Industry in 2015
China's bloated steel industry will continue to experience tough times this year despite years of government efforts to address |
China Steel Industry Struggles
Although China's steelmakers saw a big rise in profits last year, the industry still has overcapacity problems that have dragged prices to record lows. |
China's Removal of Steel Export Rebate to Reduce Shipments
China ended an export-tax rebate on steel alloys that contain boron as of January 1, according to a ministry of finance statement. The nation's foreign steel sales would fall by 20 to 30 per cent in the first quarter from the previous three months because of t... |
US to Levy Punitive Duties on China's Steel Wire Rod
The International Trade Commission (ITC) of the United States ruled on Monday 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 duti... |
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