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Vast swaths of the rusty red Outback have been dug up and delivered overseas to make the steel that helped transform other nations: first the United States, then Japan and most recently China ...
Global steel use stands at 1.9 billion tons yearly, essential for various industries. Five major steel companies include Nucor, Steel Dynamics, Cleveland-Cliffs, ArcelorMittal, and U.S. Steel.
China’s major steel industry group is calling for mills to be disciplined in restraining production after government stimulus efforts stoked a rebound in prices of the alloy. There haven’t ...
Eramet will buy out the Chinese stainless steel conglomerate’s 49.9% interest in Eramine Sudamerica assets, the company said in a statement on Thursday. The purchase will have a $699 million net cash ...
Nippon Steel’s proposal to merge with U.S. Steel is not just a corporate transaction – it’s a strategic move in a high-stakes geopolitical game. When Japan’s Nippon Steel announced its $15 ...
Although it has stainless steel running through it, it's not stainless steel cookware. It's also not nonstick either, though HexClad promises its proprietary material makeup releases food as well ...
LAUNCESTON, Australia, Oct 22 (Reuters) - China is on track to import record volumes of iron ore in October, increasing the divergence between the demand for the steel raw material and the still ...
China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline in the country’s real estate ...