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Nippon Steel Corp. said Thursday it has filed lawsuits against Toyota Motor Corp. and Chinese steelmaker Baoshan Iron & Steel Co. alleging infringement of a patent for production technology relate...
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...
UK-Australian resources firm BHP will invest up to $10mn over the next five years to explore technology to reduce greenhouse gas emissions in steel production with South Korean steel producer Posco.Th...
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...
Vietnam’s Hoa Phat has lowered its monthly domestic price for new hot rolled coil allocations, Kallanish notes. The price decision revealed on Thursday suggests that HRC demand has not recovered des...
Production among steel mills in North China’s Beijing-Tianjin-Hebei region will be constrained between November 15 and March 15 in order to fulfil Beijing’s crude steel output reduction target and...
Indian hot rolled coil export offers have increased marginally on a cost-push from rising raw materials prices. Demand, however, remains low and global sentiment bearish.Indian-origin 2mm+ SAE grade H...
Turkish mills have further increased their domestic scrap buying prices this week, Kallanish notes. This is mainly because of the weakening lira and sharp increases seen in imported scrap prices over ...
EuropeBritish Steel’s Special Profile division has announced that it will construct a new service centre at its Skinningrove site, in North Yorkshire. The £26 million facility will include a variet...
The world crude steel production by 64 countries reporting to the World Steel Association (worldsteel) totalled 156.8 million tonnes (Mt) in the month of August this year, down by 1.4% compared to the...
A summer of reduced steel output in China continued in August, with producers there making 13.2 percent less steel this August compared with August 2020. That month-on-month drop follows a similar pat...
Average capacity utilization among the 71 independent electric-arc-furnace (EAF) steelmakers under Mysteel’s regular survey decreased for the second week last week to 53.47% as of September 23, lowe...
Supply has caught up with demand in the global long products market, with lead times shortening, although prices higher than at the beginning of the fourth quarter of 2020 will be the new normal, says...
China’s finished steel exports declined further in September from August, sliding by another 2.6% on month to 4.9 million tonnes, which made last month’s export volume the second lowest so far thi...
China's steel exports slowed in September to the lowest level since December 2020 following the country's export control polices, as well as weaker southeast Asian demand because of its Covid-19 lockd...
Amit Dixit of Edelweiss Securities, while commenting on his outlook on steel sector, said that India is likely to become more of a steel exporter. The steel export volumes from the country are likely ...
For September, average rebar margins among China’s 91 blast-furnace steel mills under Mysteel’s monthly survey gained substantially by Yuan 393/tonne ($61/t) on month to Yuan 801/t, which outpaced...
Inventories of imported iron ore sintering fines stockpiled at the 64 Chinese blast-furnace steel mills sampled in Mysteel’s regular survey fell to a 22-month low of 14.65 million tonnes over August...
Ferrous scrap prices may be seeing increasing support from demand in China to decarbonize, improve air emissions, and restrict steel output growth, as tight supplies of coking coal, met coke and energ...
Steel scrap utilization in the crude steel produced by the 211 Chinese steel mills sampled in Mysteel’s regular survey decreased for the third successive month in August, dipping by another 0.54 per...
The South East Asia Iron and Steel Institute (SEAISI) was incorporated in 1971 under the auspices of the United Nations Economic Commission for Asia and the Far East (ECAFE).
© 2025 SEAISI | All rights reserved.
Address
No. 2E, 5th Floor, Block 2
Worldwide Business Park
Jalan Tinju 13/50
40675 Shah Alam
Selangor, Malaysia
Contact
Tel : +603-5519 1102
Fax : +603-5519 1159
Email
seaisi@seaisi.org
The South East Asia Iron and Steel Institute (SEAISI) was incorporated in 1971 under the auspices of the United Nations Economic Commission for Asia and the Far East (ECAFE).
© 2025 SEAISI | All rights reserved.
Address
No. 2E, 5th Floor, Block 2
Worldwide Business Park
Jalan Tinju 13/50
40675 Shah Alam
Selangor, Malaysia
Contact
Tel : +603-5519 1102
Fax : +603-5519 1159
Email
seaisi@seaisi.org