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.

Reportado por IA

A Aceros AZA inaugurou a modernização de seu laminador na planta de Colina na quinta-feira com um investimento de US$ 15 milhões. O evento ocorre enquanto a empresa negocia com o Grupo CAP a aquisição de ativos da siderúrgica Huachipato.

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.

Reportado por IA

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.

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