As a second Trump Administration prepares to take office in January 2024, the future of the American steel industry remains murky. President Trump has claimed that he wants to increase steel producti ...
As of 2024, steel prices are facing downward pressure as are the profits of manufacturers. This has been driven by slumping demand resulting from China's economic struggles as well as the supply ...
The market was also affected by Chinese manufacturers’ increased supply of legacy memory products, the company said in a statement. Stock market today: Wall Street rolls higher as bitcoin bursts above ...
Supply chains that underpin the economy are facing ongoing stress from geopolitical tension, labor disruption and natural disasters. Some companies say they’re gaining an edge in their markets ...
Al Yamamah Steel turns to SAR 66.5M profit in 9M 2023/24; Q3 at SAR 6.4M 9 M 2024 Al Yamamah Steel turns to SAR 60.1M profit in H1 2023/24; Q2 at SAR 30.5M 6 M 2024 Al Yamamah Steel turns to profit of ...
The just-published 2024 Global Trade Report from the Thomson Reuters Institute found that the top issues that concern global trade professionals the most include supply chain disruptions, geopolitical ...
With this increased stability, the company aims to position Oman as a steady supplier ... reinforcing its commitment to Oman as a key player in the global iron and steel supply chain.
Indian steelmakers are grappling with inventory build-up despite higher consumption as imports continue to flood the domestic market, prompting the steel ministry to flag the issue and monitor the ...
The JSW Group has signed a memorandum of understanding (MoU) with South Korea’s Posco Group to establish an integrated steel plant in India, the company said in an exchange filing on Tuesday. This new ...
has regulatory approvals to set up a 13.2 MTPA integrated steel unit at the site, which the company has earlier touted to be the largest single-location steel plant in India. POSCO has previously ...
accounting for around half of global supply. But the Pilbara grades dug up from the country's west are generally regarded as too low to be turned into steel without using coal. That means as steel ...
In July, JSW Steel transferred its slurry pipeline, which is currently under development, in Odisha to group company JSW Infra, effectively reducing its capex outgo, Acharya told ET in an interaction.