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China: Steel industry posts production expansion

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China's steel industry recorded production growth last year, industrial statistics revealed.In 2020, crude steel production increased 5.2 percent year on year to surpass 1.05...

A Cold January for Indian steel exports

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Indian steel exporters are experiencing a quiet first month of the New Year. No big deals have happened so far into January, 2021 and...

STEAG and thyssenkrupp planning joint green hydrogen project

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Essen-based energy company STEAG, Duisburg-based steel producer thyssenkrupp Steel and Dortmund-based thyssenkrupp Uhde Chlorine Engineers, specializing in electrolysis technology, are working on a joint feasibility study....

Newsbreak: Policy revisions a boon for steel industry

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The steel industry has reason to cheer this year as the government is making revisions to the iron and steel policy that are expected...

Why iron-ore prices are pinching: Prices to remain high in the near term

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First, it was the Indian Steel Association (ISA), representing the interest of all major producers of the alloy, that drew the government’s attention to...

UK pledges Sh8 billion for Kenya affordable housing scheme

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Kenya is set to receive at least Sh8 billion from the UK to fund the construction of affordable housing.UK Foreign Secretary, Dominic Raab said...

BIA to represent Robit rock tools across West and Central Africa

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Robit Group and BIA Group have signed an exclusive distributor agreement. Based on the agreement, BIA will represent Robit and distribute all Robit products...

The World’s Largest Zero-Emissions Hydrogen Steel Plant Is Under Construction In Austria

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According to the IEA, the global steel industry’s CO2 emissions leaped from approximately one billion tons in 2000 to two billion tons in 2018....

Shortage of steel rods hits home construction

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In India, construction steel producers are unable to keep up with the rising input costs as they do not have the pricing power to...

The World’s Largest Zero-Emissions Hydrogen Steel Plant Is Under Construction In Austria

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According to the IEA, the global steel industry’s CO2 emissions leaped from approximately one billion tons in 2000 to two billion tons in 2018....

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‘Green steel’: the race to clean up one of the world’s dirtiest industries

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Skyscrapers and bridges, cars and cruise ships, guns and washing machines. All have one thing in common: steel.As a key input for engineering and...

Pricier steel can be costly for economy

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The Competition Commission has opened a suo motu probe into cartelisation by steel companies to set prices, which have been on the rise for...

Auto companies to hike prices again as steel rates soar

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CHENNAI: The increase in raw material costs is set to trigger a second round of price hikes in the auto industry with manufacturers indicating a...
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