China News reported that China Metallurgical Industry Planning and Research Institute’s chief engineer Mr Li Xinchuang rsaid that oversupply concerns weigh heavily on the steel sector in China as some…
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Asia
EC extends antidumping duties on Chinese coated steel
The European Commission extended the antidumping (AD) duties on imports of Chinese corrosion-resistant steel to a larger selection of products Aug. 5 in an effort to counter circumvention of the…
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Nanjing Iron & Steel Group commissions upgraded continuous bloom caste from SMS Concast
Nanjing Iron & Steel Group Co., Ltd. (NISCO) has commissioned the upgraded four-strand bloom caster at its Nanjing plant No.2 together with SMS Concast, a company of SMS group. The…
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SAIL’s Rourkela Steel Plant sets national record with new basic oxygen furnace supplied by SMS group
Rourkela Steel Plant, a unit of Steel Authority of India (SAIL), has set a national record with the new Steel Melting Shop 2 supplied by SMS group. On July 2, SAIL…
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Taiwan launches AD investigation on aluminum foil from China
Taiwan’s Customs Administration announced yesterday (August 4) that in response to an application from C.S. Aluminium Corporation (CSAC), an anti-dumping (AD) investigation with the Ministry of Economic Affairs on certain…
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Iron ore surges to one-year high
Seaborne iron ore prices surged on Monday. Strong expectations for China’s steel demand in the coming months, and an expected slowdown in deliveries to ports, were fuelling speculative trading. Read…
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ArcelorMittal bags Head Hardened Rails Supply Contract of Delhi-Meerut RRTS
The National Capital Region Transport Corporation (NCRTC) opened financial bids July 28 2020, of tender invited for the supply of 22,000 MT of Head Hardened Rails for the Delhi-Meerut RRTS project….
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New slab grinder plant operating at Posco Pohang, Korea
Danieli Centro Maskin commissioned the new HGS300 slab-grinding unit at the STS1 Plant. Equipped with a 250-kW motor on the main unit, the new grinder works on 140- to 220-mm…
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Taiwan’s stainless steel price turns strong
According to the latest prices from the stainless steelmakers in Taiwan, most of them did increase the stainless steel price for August, mainly supported by the strong nickel price. Read…
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Wuhan Iron & Steel grants FAC to SMS group after successful finishing mill revamp
Wuhan Iron & Steel, based in Wuhan, China, has granted SMS group the final acceptance after the successful modernization of finishing stands F4 and F7 in their High-Capacity Hot Strip…
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