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Chinese firms ship steel rails for Jakarta project

Chinese firms ship steel rails for Jakarta project

Keywords :Chinese firms ship steel rails for Jakarta project        Update : 2020-12-04        View(s) : 764

The shipment of the first batch of made-in-China steel rails for Indonesia’s Jakarta-Bandung high-speed railway (HSR) line from Saturday has signaled Chinese steel companies’ increased competitiveness as the country is one of the few in the world to export long-length steel rails, experts said. ...

S. Korea's crude steel output seen to dip below 70 mln tons this year

S. Korea's crude steel output seen to dip below 70 mln tons this year

Keywords :S. Korea's crude steel output seen to dip below 70 mln tons this year        Update : 2020-11-26        View(s) : 758

South Korea's production of crude steel is expected to fall below the 70 million-ton mark for the first time in four years in 2020 due to the fallout of the coronavirus pandemic, industry sources estimated Thursday. Crude steel output of Asia's fourth-largest economy stood at 49.6 millio...

Global crude steel production in September increased by 2.9% year-on-year

Global crude steel production in September increased by 2.9% year-on-year

Keywords :Global crude steel production in September increased by 2.9% year-on-year        Update : 2020-11-20        View(s) : 799

On October 23, the World Steel Association (WSA) released September's global crude steel production data. In September, the crude steel output of 64 countries and regions included in the World Steel Association's statistics was 156.4 million tons, a year-on-year increase of 2.9%. In Sept...

KG Dongbu Steel relocates plant in China to home base in S. Korea vary

KG Dongbu Steel relocates plant in China to home base in S. Korea

Keywords :KG Dongbu Steel relocates plant in China to home base in S. Korea vary        Update : 2020-11-13        View(s) : 781

KG Dongbu Steel, a steel company in South Korea, will build a new plant at its home base in South Chungcheong Province after closing its furnace in China. Dongbu, which is South Korea's fifth-largest producer of steel products in terms of sales, has carried out restructuring to strengthen i...

China eyeing restart of ferrous scrap imports in H1 2021, says trade

China eyeing restart of ferrous scrap imports in H1 2021, says trade

Keywords :China eyeing restart of ferrous scrap imports in H1 2021, says trade        Update : 2020-11-06        View(s) : 708

China is likely to allow the resumption of ferrous scrap imports from early 2021, or at least no later than June, market sources close to the issue said Oct. 27.   Chinese authorities banned such imports in July 2019 due to environmental concerns, but have been pushing for a...

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