German industrial conglomerate Thyssenkrupp said Friday it was scrapping merger plans with Indian steel giant Tata and would slash 6,000 jobs worldwide in a structural shakeup.
South Korea's top court on Tuesday ordered a Japanese steel giant to pay compensation over forced wartime labour, a decision likely to further strain ties between the two neighbours.
Canada hit back at the United States on Friday with retaliatory tariffs on American summertime essentials including Florida orange juice, ketchup and Kentucky bourbon in its opening salvo in a trade war ...
Japan warned the tariffs of 25% on imported steel and 10% on aluminium "could have a grave impact on the economic relationship" between the world's top and third-largest economies.
Tata Steel has temporarily halted the sale of its UK assets, after many of the shortlisted bidders
Qatar Steel has been awarded the ISO 27001:2013 certification for Information Security Management Systems
China, maker of half the world’s steel, probably boosted production to a record in April as mills fired up furnaces and domestic prices
China’s crude steel output hit a record high of 70.65mn tonnes in March, data showed on Friday
Qatar Steel has achieved a record production of more than 1mn tonnes of rebar at RM II, the company’s ultra-modern rolling mill in Mesaieed Industrial City.
Once the producer of almost half the country’s steel needs, state-owned Pakistan Steel Mills’ (PSM) cavernous factory buildings on the outskirts of Karachi stand eerily still.