Industry News

The latest profit ranking of global steel companies Steel company ArcelorMittal has reported third-quarter 2021 results. Quarterly sales were $20.229 billion, compared to $13.266 billion a year earlier. The quarterly operating profit was $5.345 billion, compared to $718 million a year earlier. The quarterly net profit was US$4.621 billion (about

Metals futures market: supply concerns push aluminum and zinc prices to rise, copper prices also rise Aluminum and zinc prices climbed on Tuesday, and concerns about supply disruptions caused by long-term high electricity prices spurred buying. Industrial metals were generally boosted by a weaker U.S. dollar. 　　1624 GMT, the London

India discusses reducing import tariffs on steel, aluminum, copper and other products A source from the Indian government revealed on December 28 that before submitting the national budget for 2022-2023 to the parliament in February 2022, the Indian Ministry of Finance has worked with other ministries and commissions to reduce

Malaysia makes final anti-dumping ruling against China’s prestressed concrete strands On December 23, 2021, the Malaysian Ministry of International Trade and Industry issued an announcement stating that it has made a definitive anti-dumping ruling on Stranded Steel Wires for Prestressing Concrete (Stranded Steel Wires for Prestressing Concrete) originating in or

Steel inventory decline narrowed, black products plummeted across the board With seasonal decline in demand, weak winter reserves, and a slowing down of steel inventory, the black series futures will have a bleak start in the last week of 2021. Last Friday (24th) night trading hours, black products collectively dived,

Shengyang 600,000 tons of stainless steel pipe manufacturing and 1.4 million tons of cold rolling projects speed up construction Recently, the People’s Government of Luozhuang District, Linyi City, Shandong Province issued the “Fourteenth Five-Year Plan for National Economic and Social Development of Luozhuang District and the Outline of Long-Term Goals

Liugang Zhongjin stainless steel products will achieve full coverage of 200 series, 300 series and 400 series Recently, Guangxi Liugang Zhongjin Stainless Steel Co., Ltd., Deputy Director of Production Safety Manufacturing Department-Zeng Yao said in an interview: Liugang Zhongjin Company, as a leading company in the raw material plate of

Five steel mills were named! Central Environmental Inspector Bulletin! Not surprisingly, the “Two Highs” project has once again become the focus of the Central Ecological Environmental Protection Inspectorate’s notification. Recently, the second round of the fourth batch of central ecological and environmental protection inspectors successively reported that the five provinces