The global automotive sector has rebounded strongly since the initial Covid-19 lockdowns last year but supply chain disruption is constraining further growth, worldsteel says in its latest short-range...
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand will grow by 4.5% in 2021 and reach 1,855.4...
Irving, Texas-headquartered Commercial Metals Company (CMC) announced decision to sell its Rancho Cucamonga site. The site will be repurposed to be used for other industrial projects. The sale is expe...
Indian steel producer Tata Steel has sold its 100pc stake in its southeast Asian steel business NatSteel Holdings for an equity value of $172mn to reduce its debt.Tata's indirect subsidiary TS Global ...
Malaysia's new Prime Minister, Ismail Sabri Yaakob, announced the country's goal of achieving carbon neutrality as early as 2050 and pledged to stop the construction of new coal-fired power plants.The...
Many Vietnamese localities such as Hanoi, Ho Chi Minh City and the southern provinces have increased social distancing and other lockdown restrictions. Hoa Phat’s construction steel and steel pipe v...