As of 2024, steel prices are facing downward pressure as are the profits of manufacturers. This has been driven by slumping demand resulting from China's economic struggles as well as the supply ...

(AP Photo/Ahn Young-joon) SEOUL, South Korea (AP) — Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors ...

Chennai: India’s power sector is facing a crisis due to a shortage of specialty steel used for electric ... license expirations and ensure a steady supply. Further, BIS should expand the list ...

Specialty steel is value-added steel where finished ... by the steel sector and other production-related materials in short supply in the country. However, a final decision on new additions ...

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 ...

This partnership is a chance to future-proof the U.S. steel industry, enhancing domestic economic security while supporting the global supply chain – a significant step toward reducing the ...

Linde has announced new agreements to acquire two air separation units (ASUs) and expand its industrial gas supply to Tata Steel Limited at its Kalinganagar facility in Odisha, India. The deal will ...

FORGEMASTERS will produce steel for a new artillery gun barrel factory ... Forgemasters will reinstate gun barrels manufacture after a 20-year hiatus, to supply large-calibre gun-barrels to Germany’s ...

Saudi Arabia's futuristic megacity project is set to use up a fifth of the world's steel supply, according to construction bosses. The $1 trillion giga-project, called Neom, has been under development ...

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 ...

Thanks to the growth of generative AI, a truly autonomous supply chain may be closer than we think. Here’s why. Ask any supply chain professional over the last year and they’ll tell you that ...