Asia Pacific Steel Industry News.

Iron ore rises on expectations of Chinese pre-holiday restocking
china iron ore market
Tue, 24 Dec 2024 00:00:00 GMT
Iron ore futures rose on Monday, aided by expectations of restocking by steelmakers in top consumer China, although high portside inventories and concerns about demand going into next year limited the gains. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) TIO1 ended daytime trade 0.84% higher at 780 yuan ($106.87) a metric ton, after hitting its lowest level since Nov. 19 at 762.5 yuan a ton earlier in the session. The benchmark January iron ore (SZZFF5) on


Chinas steel sector is not as gloomy as it appears
china production steel
Mon, 23 Dec 2024 00:00:00 GMT
Chinas steel output fell in November from October, seemingly another sign of the struggles in the worlds biggest producer of the key metal for construction and manufacturing. But while November production did drop 4.3% from October, the detail is far more nuanced and the big picture shows Chinas steel sector is largely steady, as it has been for the past five years. Crude steel output in the worlds largest producer was 78.4 million metric tons in November, down from 81.88 million in


Nippon Steel and Sojitz to Take 49% Stake in Champion Irons Kami ...
japan nippon steel
Fri, 20 Dec 2024 12:40:00 GMT
Australia’s Champion Iron announced that Japanese firms Nippon Steel and Sojitz have agreed to acquire a combined 49% stake


POSCO to Issue Corporate Bonds Worth Up to $691 Million as First ...
korea posco steel
Fri, 20 Dec 2024 04:00:00 GMT
POSCO Group, a leading South Korean conglomerate specializing in steel and battery materials, plans to raise up to 1 trillion won ($691


Nippon Steel to join iron ore mine project in Canada
canada investment iron ore nippon
Thu, 19 Dec 2024 00:00:00 GMT
Nippon Steel will acquire a 30% interest in the Kamistiatusset project. Its investment is seen exceeding 140 billion, including development


POSCO Holdings honored with CSS awards by International Chamber ...
korea posco
Wed, 18 Dec 2024 00:00:00 GMT
POSCO Holdings honored with CSS awards by International Chamber of Commerce as a cradle for startup development


FE Steel to build hot-dip galvanizing line at Fukuyama facility ...
japan jfe steel
Fri, 13 Dec 2024 00:00:00 GMT
JFE Steel Corporation announced today that it will build a new continuous galvanizing line (CGL) at its West Japan Works Fukuyama facility to meet the growing demand for ultra-high-strength steel


Hysata Signs Dual Jdas With Korean Steelmaker To Advance Efficient ...
investment korea posco steel
Fri, 13 Dec 2024 00:00:00 GMT
Dec 13, 2024 Hysata signs dual JDAs with Korean steelmaker to advance efficient electrolysis The JDAs come after Hysata secured investment from both POSCO Holdings and E&C in its... View


Nippon Steel makes final push to win over U.S. workers
labour nippon steel usa
Tue, 10 Dec 2024 00:00:00 GMT
Nippon Steel said it made new commitments with regards to where and when a previously announced $1.4 billion capital expenditure commitment would be


A Celebration of Engineers Driving Future Innovation 2024 POSCO ...
korea posco
Tue, 10 Dec 2024 00:00:00 GMT
A Celebration of Engineers Driving Future Innovation 2024 POSCO Group Tech Forum


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