Keywords: Steel industry
China's Jingye Steel has called on the United Kingdom to provide full financial compensation following the government's decision to nationalise British Steel, escalating tensions over one of the most significant industrial interventions in the country's steel sector in recent years. In a......
China has signaled that it may take action following the United Kingdom’s decision to nationalise British Steel, stating that it will closely monitor developments and protect the lawful interests of Chinese businesses if necessary. The statement from China’s Foreign Ministry comes after......
JSW Steel, India’s largest steel producer, reported stronger-than-expected quarterly earnings on Friday, benefiting from improved domestic steel prices and stable production volumes despite rising raw material costs. The Mumbai-based company posted consolidated net profit of 46.51 billion Indian......
China's Jingye Steel has intensified its dispute with the United Kingdom government, formally demanding what it describes as full and effective compensation following the state's takeover of British Steel. The latest statement marks the strongest public position yet from the Chinese steelmaker......
A proposal to significantly increase rail freight tariffs in Ukraine has sparked concerns among industrial leaders, who warn that the measure could further weaken the country's steel sector and threaten thousands of jobs during an already difficult economic period. Ukraine's state railway operator,......
India is exploring opportunities to secure greater access to strategic raw materials in Russia as part of its broader effort to strengthen industrial supply chains and support the long-term growth of its manufacturing sector. According to sources familiar with the discussions, representatives from major......
India became a net importer of finished steel in April as rising domestic demand and increasing overseas shipments reshaped the country’s steel trade balance, according to provisional government data. The figures show that India imported approximately 700,000 metric tons of finished steel during......
Thyssenkrupp has announced a pause in its negotiations with Jindal Steel International over the potential sale of its steel division, signaling a setback in the company’s ongoing restructuring strategy. The discussions, which had been underway for several months, were aimed at exploring a possible......
Russian steel producer Severstal has reported a dramatic decline in profitability for the first quarter of 2026, with net profit falling to just 57 million roubles compared to 21.1 billion roubles during the same period in 2025. The company attributed this sharp decrease mainly to weaker domestic steel......
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