Keywords: Steel
China’s top economic planning body has announced plans to curb excess production capacity in major heavy industries, including steel and oil refining, as the country continues to struggle with persistent overproduction across key commodity sectors. The National Development and Reform Commission......
India has announced measures to support its steel industry as exports continue to face challenges from the European Union’s carbon border tax and import quotas. The remarks were made by India’s Steel Secretary, Sandeep Poundrik, at a government event in New Delhi. The announcement follows......
Researchers at the University of Oxford have achieved a groundbreaking feat by engineering quantum mechanical behavior directly into proteins, ushering in a new era of biomolecules responsive to magnetic fields and radio waves. Published in Nature, this innovation shifts quantum effects from mere......
An explosion at a steel manufacturing plant in northern China has resulted in the deaths of two people and injuries to 66 others, according to information released on Sunday by the state-run news agency Xinhua. The incident occurred in the afternoon at a facility operated by Baogang United Steel in......
European Union officials are preparing to confront U.S. Commerce Secretary Howard Lutnick over Washington's efforts to expand the list of EU products subject to elevated steel and aluminum tariffs. This expansion threatens to undermine a trade agreement reached just months ago designed to cap tariffs......
U.S. President Donald Trump announced on Friday that he plans to unveil new tariffs on semiconductors in the “next week or the following week,” ahead of his trip to Alaska to meet Russian President Vladimir Putin. “I will announce new tariffs next week or the week after, on steel and,......
Japan announced on Wednesday the initiation of an anti-dumping investigation into imports of hot-dip galvanized steel from China and South Korea. The move follows a complaint filed on April 28 by Japanese steelmakers including Nippon Steel and Kobe Steel. Domestic producers claim that falling local......
KANANASKIS, Alberta — On the sidelines of the G7 Summit in Canada, U.S. President Donald Trump and UK Prime Minister Keir Starmer announced the signing of a new trade agreement aimed at easing certain tariffs between the two nations. The deal marks a step forward in efforts to finalize a comprehensive......
U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......
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