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Vietnam's steel market sees positive recovery signals in late 2023, early 2024
The country's steel enterprises have recorded sound production results thanks to the recovery in demand, according to VNA. |
Equatorial Guinea welcomes Chinese firm to invest in steel sector
Obiang said on his social media platforms late Wednesday that this investment has the potential to strengthen the country's economy. |
PT Krakatau Steel commissions the SMS group with the modernization of the hot strip mill no.1
PT Krakatau Steel (Persero) Tbk, in Indonesia, has placed an order with SMS group for a state-of-the-art Electrics and Automation system for their hot strip mill no.1. The company, publicly listed and state-owned, operates its plant in Cilegon, Banten, Indones... |
Vale to sell 14% stake in Indonesia unit
Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday. |
Reinvestment in coal-based steel production ‘fundamentally incompatible’ with achieving climate target: SteelWatch
Steelmakers around the world, including the US’ Cleveland-Cliffs, South Korea’s POSCO, Europe’s Tata and Australia’s BlueScope, ... |
China’s Shenghe Resources to acquire shares in Vital Metals
The share subscription will be conducted in two phases. |
US HDG/CRC: Prices jump on sales
US hot-dipped galvanized (HDG) coil and cold-rolled coil (CRC) prices jumped as mills locked in higher prices. |
US HRC: Mills secure higher prices
Multiple mills reported they would follow in Cliffs' footsteps, but no other steelmakers made published announcements today. |
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