Japan’s Ministry of Economy, Trade and Industry and Ministry of Finance have decided to initiate a new anti-dumping investigation into Hot-dipped galvanized steel wire originating in China and Korea.

Times of India reported that Ludhiana based manufacturers have suffered a big blow due to uncontrollable rise in the rates of steel.

Russian steel maker MMK Chairman Mr Viktor Rashnikov recently discussed closer interaction with Russian truck maker KAMAZ CEO Mr Sergey Kogogin

Kolkata Head Quartered rebar maker Shyam Steel, timing well with IPO opening on 14 June, announced its latest partnership with ICC for the upcoming ICC Test World Championship 2021

Working alongside Sunflag Iron and Steel Company Ltd in Bhandara in India

He added “Increased separate collection is a key driver for increased recycling, with notable increases in countries such as Italy and Poland attributed to increased separate collection and greater public awareness of the benefits of steel recycling.”

ACEA said “Automobile manufacturers source almost all their steel (over 90%) in the EU. Since manufacturing restarted in summer 2020 there has been a serious shortage of steel in the European market.

Expressions of interest from potential investors in ZiscoSteel are now being adjudicated with the process due to be completed by the end of this month.