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26 Dec 22

Chinese Baowu Group Acquires Sinosteel

The State Assets Supervision and Administration Commission of China (SASAC) has authorized the Baowu Steel Group to acquire state-owned company Sinosteel. Starting in October 2020, Baowu Steel has already been operating in the state-owned Sinosteel. In fact, Baowu Steel was already exercising external management over Sinosteel, which then faced serious…

26 Dec 22

Global Stainless Steel Production in Decline, World Stainless Association Says

The World Stainless Association (former International Stainless Steel Forum, ISSF) has reported that in the third quarter of 2022, the global production of stainless steel reached 12.794 million tons, which is 5.6% less than in the same period of the previous year. In total, in the first nine months of…

26 Dec 22

Japanese Nippon Steel To Produce Recycled Steel

The leading Japanese steel company Nippon Steel is going to produce recycled steel using hydrogen metallurgy technologies to expand production of so called “green” steel. The company’s president Eiji Hashimoto said Nippon Steel will not only buy raw materials as before, but will also get involved in their preparation so…

26 Dec 22

World Trade Organization Says U.S. Tariffs on Steel Imports Are Unjust

The World Trade Organization (WTO) has ruled against U.S. tariffs on steel and aluminum imports. On Friday, a three-member panel of the organization ruled that the tariffs were in violation of WTO rules and that the U.S. would have to adjust its import rules for the metals. Immediately, United States…

Chinese Baowu Group Acquires Sinosteel

Global Stainless Steel Production in Decline, World Stainless Association Says

Japanese Nippon Steel To Produce Recycled Steel

World Trade Organization Says U.S. Tariffs on Steel Imports Are Unjust

Chinese Baowu Group Acquires Sinosteel

Global Stainless Steel Production in Decline, World Stainless Association Says

Japanese Nippon Steel To Produce Recycled Steel

World Trade Organization Says U.S. Tariffs on Steel Imports Are Unjust

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