Global steel prices moving up, price push coming from China
Global steel prices are moving up. Amid the subdued demand growth from construction, infra, mechanical and metal sectors and automobile, the push in prices...
New hospitals offer cure for ailing construction industry
The COVID-19 pandemic has strangled B.C.’s once full-throttle private construction industry, but, with ironic timing, it is a multibillion-dollar hospital construction program that may...
Tata Steel Chief Mr TV Narendran Highlghts Potential of Domestic Steel Market in India
Tata Steel’s CEO and Managing Director Mr TV Narendran, while speaking at a webinar series ‘India After COVID-19’ organised by IIM Indore and Free...
United Kingdom now third biggest buyer of Kenyan goods
Kenya Flower Council, a lobby for large-scale flower farms, said the UK left its skies open longer than the Netherlands.The United Kingdom has overtaken...
Celsa Steel gets UK’s first Covid-19 corporate bailout
The government has provided an emergency loan to a Cardiff-based steel producer in the first taxpayer-funded bailout under its “Project Birch” scheme for firms...
Johnson promises thousands of construction jobs to boost recovery
Prime minister Boris Johnson has confirmed his government’s commitment to using construction to help rebuild the economy in the wake of the coronavirus crisis.In...
World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain
Mining conglomerate BHP has completed its first trial trade of iron ore using blockchain technology.As reported by Reuters on Monday, the roughly $14 million deal with...
As construction tries to go green, builders and businesses are developing ‘low carbon concrete’
From bridges and buildings to tunnels, concrete is a vital cog in modern infrastructure projects. And while it may have become indispensable to major...
Steel industry needs help in days not weeks, Kinnock says
There can be no post-pandemic economic recovery without a strong and healthy steel industry, according to Labour MP Stephen Kinnock.
Opposition MPs are calling on...
China Steel eyes turnaround by year’s end
China Steel Corp yesterday said it aims to turn business around by the end of the year by improving post-pandemic market demand and new...
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Glencore becomes first major mining company to scrap dividend
Glencore became the first major mining company to scrap its dividend, saying on Thursday the economic outlook was too uncertain because of the coronavirus...
African supply bottlenecks fuel cobalt price surge
LONDON: Transport delays from South Africa against a backdrop of increasingly robust Chinese demand have fuelled a price rally for cobalt hydroxide, used to...
China’s July iron ore imports hit record high on robust demand
BEIJING — China’s iron ore imports in July surged to a record, up 24% from a year earlier, customs data showed on Friday, driven...
