Stahl
South Korea announced plans on July 1 to generate additional domestic steel demand after the European Union tightened import safeguards. Industry Minister Kim Jung-kwan led talks with local steelmakers in Seoul.
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Aceros AZA hat am Donnerstag mit einer Investition von 15 Millionen US-Dollar die Modernisierung seines Walzwerks im Werk Colina eingeweiht. Die Veranstaltung findet vor dem Hintergrund laufender Verhandlungen des Unternehmens mit der Grupo CAP über den Erwerb von Vermögenswerten des Stahlwerks Huachipato statt.
Brazil's government has concluded an anti-dumping probe into Chinese cold-rolled steel, finding that imports were sold at unfairly low prices, harming domestic producers. This has resulted in duties of up to US$670 per tonne. Usiminas, one of Brazil's largest steelmakers, initiated the petition in April 2024.
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An explosion struck Nippon Steel's plant in Muroran, Hokkaido, around 1:10 a.m. on Monday, shaking nearby homes. The blast occurred on a hot stove supplying air to the blast furnace, with no injuries reported and the fire controlled after about seven hours.