The annual net loss estimate of Nippon Steel Corp. this fiscal year reduction of nearly 30%

Reuters news agency in Tokyo on February 5, Japan’s biggest steelmaker, Nippon Steel, cut its annual net loss estimate for the fiscal year’s net loss by nearly 30% on Friday as rising export prices and recovery in demand from car makers and other manufacture...

Sunday, February 7, 2021

Net profit of CITIC Special Steel in 2020 rose 11.84% year-on-year

Recently, CITIC Special Steel (CITIC Pacific Special Steel Group Co., Ltd.) issued 2020 performance report.

Sunday, February 7, 2021

UK power sector CO2 hits 14-month high

The carbon intensity of the UK power sector reached its highest level in over a year in January.

Sunday, February 7, 2021

China’s Baowu acquires Kunming Steel, eyes Shandong

Baowu produced 96mn t of steel in 2019 to overtake Luxembourg-based ArcelorMittal, which produced 89.8mn t, as the world's largest steelmaker.

Sunday, February 7, 2021

South America’s longest suspension bridge will be earthquake resistant

In one of the most challenging engineering projects ever undertaken, Chile is building a unique steel-built suspension bridge near the site of the strongest earthquake ever recorded.

Sunday, February 7, 2021

Next round of coal price rise expects until April and May

It is expected that a new round of coal price rise will not appear until April or may.

Sunday, February 7, 2021

Iron ore freight rate fluctuates slightly due to weaker demand

According to the Wuhan Shipping Exchange, the ships overstocking in some ports continued this week.

Sunday, February 7, 2021

ArcelorMittal Dofasco expands product range

The company plans to produce up to 160000 tons of new products from the second half of 2022.

Sunday, February 7, 2021
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