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EU Modifies Steel Import Restrictions
The European Union is looking to reorganise its restrictions on steel imports in a preemptive decision to protect the bloc from majors economic fluctuations as it recovers from the fallout of the coronavirus pandemic. |
Indian GDP Growth in Jan-Mar Quarter Slips to 3.1%
Growth in the Indian economy slowed sharply in the January-March period. |
Tata Steel Europe Promises No Layoffs in Netherland
FNV demanded that these agreements be extended by five years. The Tata Steel Europe statement did not elaborate on that demand. |
US Steel Production Capacity Utlization Improves Slightly in Week 22
American Iron & Steel Institute announced that in the week ending on May 30, 2020. |
TISCO to step up spending on R&D, technology innovation
Gao Xiangming, chairman of TISCO, said the company's R&D expenses account for about 5 percent of its annual sales revenue. |
Russian plan for exchange scrap metal trading halted by coronavirus
Russian plan for exchange scrap metal trading halted by coronavirus. |
China's weekly coastal bulk freight index down 1.6%
The composite index for coastal bulk freight edged down 1.6 percent week on week to 1,055.6, the SSE said. |
China's coal-rich province takes more active role in Belt and Road projects
Both environmental protection and project profits were concerns for the company which is located in Shanxi, a coal-rich province of China. |
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