Doosan Group to invest $300 million in Mexico for equipment production Doosan Group [1] , a prominent South Korea-based industrial conglomerate, has unveiled plans to invest $300 million in Mexico, with the aim of manufacturing a range of equipment, including loaders, ex...
Mexico's FDI surge: Steel industry leads as investments hit $32.9 Billion in Jan-Nov 2023 In the initial nine months of the year, Mexico witnessed a substantial influx of foreign direct investment (FDI), reaching $32.9 billion, marking a 2.4 percent increase from the corresponding period l...
British Steel's £1.25 billion investment: Two electric arc furnaces for a greener future British Steel [1] , a UK-based steel manufacturer, has unveiled ambitious plans to construct two electric arc furnaces with a combined investment of £1.25 billion. These eco-friendly furnaces will be ...
Proposed US legislation aims to impose carbon border fee on imported goods US Senator Bill Cassidy has introduced the " Foreign Pollution Fee Act [1] ," a proposal designed to implement carbon border levies on select imported goods exhibiting higher greenhouse gas (GHG) emis...
Vietnam reexamines antidumping (AD) duties on stainless steel from four countries Vietnam's Ministry of Industry and Trade (MOIT) [1] has officially initiated a sunset review of the antidumping (AD) duties imposed on cold-rolled stainless steel products originating from Taiwan, In...
ArcelorMittal's ambitious plan: Green steel production in Brazil During a recent conference in Fortaleza, the CEO of ArcelorMittal Pecem [1] , Erick Torres, revealed that he has been granted approval by the company's headquarters to invest $9 million in a feasibil...
Mexican government extends AD duties on imported steel pipes from China The Mexican government has announced its decision to continue the imposition of preliminary anti-dumping duties on carbon steel pipes with longitudinal seams imported from China. These duties, which w...
Hasçelik initiates €200 million investment drive in pursuit of 2024 goals During a press conference held by Turkish specialty steel producer Hasçelik [1] , Adnan Naci Faydasıçok, the company's chairman and CEO, unveiled Hasçelik's new investment initiatives and objectives ...
Hoa Sen receives environmental protection certifications *Certifications represent significant milestones on the Group’s sustainable development journey.* A certification ceremony for None [1]*ISO 14064-1:2018* and None [2]*ISO 14067:2018* standards reg...
Record-breaking steel imports projected for Brazil in 2023 as Chinese exports surge The Brazilian steel institute, IABr [1] , reports a remarkable surge in steel imports since April, propelling Brazil towards a potential all-time high in 2023, exceeding the previous record of 4.4 mi...
Primetals Technologies collaborates with China Steel Corporation to slash carbon emissions at Kaohsiung plant In a significant collaboration, None [1] China Steel Corporation (CSC) , a steel manufacturer based in Taiwan, has joined forces with UK-based None [2] Primetals Technologies to undertake a decarb...
Kobe Steel cuts BF carbon emissions by 25% at Kakogawa Works with new technology Kobe Steel [1] , a renowned Japanese steel manufacturer, has reported a significant breakthrough in their efforts to reduce carbon emissions during the second quarter of this year. Their innovative te...
