It’s reported that the Korean steelmaker Posco Specialty Steel announced to remain its domestic prices for austenitic stainless wire rods and bars unchanged for August, in spite of the improved nickel prices.

Taobao, a C2C online platform owned by e-commerce giant Alibaba Group Holding Ltd, now provides not only small items but also bulk commodities such as steel products. E-commerce business, highly accepted by the market, is transforming the surplus steel indust...

Dominated by the stimulus policy of Chinese central government, several provinces took investment measures to stabilize economic growth.

Chinese companies have significantly improved their rankings in the Fortune 500 list of the world's biggest companies for 2014

It is reported that India’s annual steel capacity in eastern region is expected to hit 160 million tons in the next 10~15 years.

It is reported that the US Department of Commerce has imposed import duties on imports of steel threaded rod from India.

It is reported that the Ministry of Trade, Industry and Energy (MOTIE) said that South Korea’s Posco and China’s Chongqing iron and steel (CISC) have signed memorandum of understanding on a US$3.3 billion investment.

Vedanta Mulls 5 mt Steel Unit at Bellary; may Invest Rs 30k cr