Industry News
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Daye Special Steel Plans a New Global Cooperation Landscape for Aviation Materials
The highly anticipated 55th Paris Bourget International Air and Space Exhibition (referred to as the Paris Airshow) opened in the suburbs of Paris, France from June 16th to 18th. Liu Wenxue, General Manager of Daye Special Steel under CITIC Taifu Special Steel Group, led...Read more -
Is the Demand for Indian Machinery Expected to Increase?
In recent years, with the Indian government's continued investment in transportation, energy, and urban areas, the country has gradually entered a new era of infrastructure construction. This new situation has presented an opportunity for the country's construction contr...Read more -
We Must Eliminate the Three Major Biases Against Steel Structure Residential Buildings
"Steel structure housing can fully meet the people's expectations for 'good houses'. Steel structure housing is advanced, safe, durable, comfortable and sustainable housing. Nowadays, in Japan, South Korea and other countries and Taiwan, China, China, steel structure hou...Read more -
International Steel Market Trends: Analysis of Global Steel Industry Development Trends in 2025
Against the backdrop of the gradual recovery of the global economy, the international steel market will show many new changes and development trends in 2025. From the growth of China’s steel exports to the fluctuation of international steel prices, and to the strategic layout of major enter...Read more -
China’s Steel Exports Hit a New High and Continue to Remain the World’s Number One! The Global Trade Pattern is Quietly Changing
With the gradual recovery of the global economy, steel, as the backbone of industrial development, has once again become the focus of international trade. According to the latest data released by the World Steel Association, the global steel trade volume (including rolled materials and semi-finis...Read more -
Is Protectionism or Strategic Game Causing Waves in the Steel Market?
According to data from the General Administration of Customs, China’s steel exports have exceeded 100 million tons in 2024, and the proportion of exports in China’s steel sales structure has significantly increased. However, due to the impact of tariffs, some experts predict that Chin...Read more -
The World Steel Association Predicts That Global Steel Demand Will Continue to Grow in the Next Two Years
On April 9th London time, the World Steel Association released the April 2024 edition of its short-term steel demand forecast report, predicting a 1.7% rebound in global steel demand in 2024, reaching 1.793 billion tons; By 2025, global steel demand is expected to increase by 1.2%, reaching 1.815...Read more -
Global Steel Industry Update: Innovations and Trends Shaping the Future
The global steel industry is experiencing significant tra nsformations driven by technological advancements and shifting market dynamics. Steel companies worldwide are at the forefront of these changes, implementing innovative strategies to enhance productivity, sustainability, and competitivene...Read more -
Global Steel Industry Faces Challenges: Crude Steel Production In August Significantly Declines Year-on-year
Summary: Recently, the World Steel Association released the latest statistical data, revealing the severe situation faced by the global steel industry in August 2024. Data shows that the total crude steel production of 71 countries included in the statistics reached 144.8 million tons worldwide i...Read more -
BHP.US Escondida Copper Mine Workers Go On Strike
According to Kallanish on August 14th, workers at the Escondida copper mine in Chile went on strike on the morning of August 13th after local unions failed to reach an agreement with BHP Billiton. The above-mentioned union stated that its negotiations with BHP did not make “substantial prog...Read more -
Steelmaker says it will spend $110 million on upgrades to its steel plate production system in Baytown, Texas.
Steel manufacturer, Steelmaker, has announced a significant investment of $110 million in upgrading its steel plate production system in Baytown, Texas. This move is expected to enhance the company’s production capabilities and further solidify its position in the steel industry. The investment w...Read more -
Understanding the Steel Market in Saudi Arabia
Saudi Arabia intends to invest about $12 billion in steel projects to increase steel production and meet the significant growth in domestic demand. The investment is part of the country’s efforts to diversify its economy and reduce its reliance on oil revenues. The investment will focus on expand...Read more
