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Nippon Steel to cut capacity by 20% by 2025

Nippon Steel Corporation, which is based in Japan, said that under its new five-year plan, it would reduce crude steel capacity by 20% by 2025, close its blast furnaces to cope with falling domestic demand and aim to help the country achieve its goal of net ze...

Thursday, March 11, 2021

Qingshan holding, a leading stainless steel company, will build a new steel plant in Africa

The world's top 500 company, Castle Peak Holdings Group, plans to build a new steel plant in Zimbabwe, Africa. The project is scheduled to start in May this year.

Thursday, March 11, 2021

Ferrosilicon Daily Express 3.11

Li said the larger goal is to promote green transformation of traditional industries and speed up development of new industrial clusters for more sustainable development in the city.

Thursday, March 11, 2021

Turkey's hot rolled coil exports fell 59.1% in January

According to the data provided by Turkish Institute of Statistics, in January this year, Turkey's total exports of hot rolled coil (HRC) decreased by 50.9% compared with December last year to 109640 tons, a year-on-year decrease of 59.1%.

Thursday, March 11, 2021

"Double-control" is only the first measure, and the next step "carbon peak, carbon neutralization" will affect stainless steel

In recent years, the price fluctuation of stainless steel spot market is extremely fierce, and the market trend is a topic closely concerned by the two session.

Thursday, March 11, 2021

Merafe: demand for ferrochrome will recover in 2021

The coronavirus pandemic vaccine is expected to boost the demand for ferrochrome in 2021, said Merafe, GLENCORE's ferrochrome enterprise in South Africa.

Thursday, March 11, 2021

South Africa's secondary power rationing started on the evening of March 10 and may last until the weekend

Affected by the loss of power generation capacity of power companies, eskom3 announced on October 10 that it would implement the second phase of power rationing from 5 p.m. on Wednesday to 11 p.m. on Friday, according to the South African government on the 10t...

Thursday, March 11, 2021

Korean POSCO stainless steel pipe new technology has achieved license

Korean POSCO has jointly developed a new technology to replace traditional copper pipes with high-quality high carbon stainless steel (PossFD) for existing air conditioning pipes.

Thursday, March 11, 2021
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