US Steel Shipments in May Up 46% YoY
The American Iron and Steel Institute reported that for the month of May 2021, US steel mills shipped 7,987,038 net tons |
South Korean Shipbuilders to Face Earnings Shock in Q2
South Korean Shipbuilders to Face Earnings Shock in Q2 |
Hyundai Steel Nickel Steel Plates for LNG Cryogenic Tanks in Ships
Korea IT Times reported that Hyundai Steel will set up a production system for 9% Ni steel plates that can withstand cryogenic temperatures. |
Baowu Steel Group Plans CNY 50 Billion Carbon Neutral Fund
China Baowu Steel Group has signed an agreement with partners to set up a carbon neutral fund, targeting a total investment of CNY 50 billion |
EU CBAM to Impact South Korean Steel Makers
Business Korea reported that South Korean steel industry is likely to be most affected by the European Union’s Carbon Border Adjustment Mechanism. |
BIS Standards Wreak Havoc in Metal Packaging Industry in India
India’s tin can making industry association Metal Container Manufacturers |
Baowu Steel Aiming to Cross 150 Million Tonnes Steel Capacity
Baowu Steel Aiming to Cross 150 Million Tonnes Steel Capacity |
Grupo Simec Reports Strong Results for H1 of 2021
Mexican steel maker Grupo Simec announced that its net sales increased from MXN 16,096 million in the first half of 2020 to MXN 28,613 million in the first half of 2021 |
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