Loading
Chipmakers cautious despite mostly bullish projections
After two years of shortages, global chip industry concerns continue to pile up. Chip manufacturers are now concerned about weakening consumer demand, excessive stockpiling by manufacturers, and changes in U.S. chip export policies. The automotive sector usually...
Slab steel: Metinvest’s Italian plants secure supply for Europe and Asia
Metinvest general director Yuriy Ryzhenkov said Italian mills are receiving raw materials for rolling from European, Asian, and Latin American suppliers. Semi-finished products are also arriving from Zaporizhzhia, where one of the group's assets is located. Prior to...
Thyssenkrupp to build new metal service center in Mexico
Thyssenkrupp Materials Services will invest $37 million to build a new metals service center in Mexico that will serve automotive customers in North America. The new site in San Luis Potosí, expected to be operational in mid-2023, will specialize in supplying...
Steel: sales in Japan fall for 11th month in July
In July, domestic sales of carbon steel in Japan fell for the 11th month by 11.1 percent year-on-year to about 2.95 million tons, marking the third month below 3 million tons, according to data released by the Japan Iron & Steel Federation (JISF) on Sept. 16. A...