Steel: ArcelorMittal halts production in Bosnia following collapse in European demand
Falling demand for steel in Europe has led ArcelorMittal to temporarily suspend production at its plant in Bosnia. The company remains a major player in the steel industry, producing around 700,000 tonnes of steel per year and employing 2,200 workers. According to...
Aluminium: GCC reopens anti-dumping investigation against Chinese imports
On 26 November, the Gulf Ministry of Industry and Trade announced the opening of an anti-dumping investigation against aluminium products imported from China. The Office of the Technical Secretariat of the Gulf Cooperation Council (GCC) is conducting the investigation...
Steel: Indian imports from China reached a six-year high in April-October
According to preliminary data released by India's Ministry of Steel, steel imports from China stood at 190,000 tonnes in October this year, the highest monthly level in the April-October period of the current fiscal year. The increase was mainly attributed to the end...
China will issue new bonds worth RMB 2.7 trillion by 2024
The Chinese Ministry of Economy announced that the Chinese government issued government bonds worth RMB 1.4 trillion (USD 200 billion) in October this year. The total value of bonds issued by the country in the January-October period, mostly used in construction...
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