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Crude steel: JSW Steel’s production increased 22% year-on-year in August
JSW Steel said its crude steel production for August stood at 16.76 tons, up 22 percent year-on-year. In the same period last year, the company's crude steel production was 13.77 tons. While flat product production increased 34 percent to 12.01 tons, long product...
Copper: weaker dollar strengthens prices as market awaits China data
Copper prices rose Monday, supported by the weakening dollar, as the market awaits data from major consumer China for a better indication of the demand outlook. Benchmark copper on the London Metal Exchange is up o 0.86 percent at $7,938/ton as of 15:22 GMT.+2. The...
German automotive suppliers question traditional relationships
Exploding energy costs and lack of cooperation with customers are sending German automobile suppliers off the rails, calling into question their long-standing ties with the automaker sphere. In a joint press release, seven industry associations, mostly of steel/metal...
Steel: ArcelorMittal closes another factory in Europe
ArcelorMittal will shut down another blast furnace in Europe-this time in Poland-because of high costs and weak demand for steel products. Operations at the 2.3-million-ton-per-year BF No. 3 plant in Dabrowa Górnicza, Poland, will be suspended by the end of September....