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FNI Profit Surges as Nickel Prices and Shipments Strengthen Operations
12+ hour, 46+ min ago (236+ words) FNI, one of the country's leading nickel ore exporters, continues to benefit from global demand for nickel. Global Ferronickel Holdings Inc. (FNI) reported a sharp rise in first-quarter earnings, driven by stronger nickel ore prices and higher shipment volumes from…...
SA steel sector faces collapse as cheap imports destroy jobs
12+ hour, 49+ min ago (806+ words) Global oversupply drives cheap steel imports, threatening SA's industry. South Africa's steel industry is facing mounting pressure as a flood of cheap imported steel undercuts local manufacturers, threatens thousands of jobs and accelerates the decline of one of the country's…...
US Steel: Strengthening Supply Chain With $1. 9bn Investment
14+ hour, 18+ min ago (573+ words) United States Steel Corporation has committed US$1. 9bn to construct a direct-reduced-iron facility at Big River Steel Works in Osceola, Arkansas. The facility could establish a vertically integrated supply chain linking the company's Minnesota mining operations to its Arkansas steel production…...
SA steel sector faces mounting pressure | Sunday Tribune - newspaper - Read this story on Magzter. com
1+ day, 7+ min ago (454+ words) Steel production remains crucial to the manufacturing industry, but the sector is facing several challenges. SOUTH Africa's steel industry is facing mounting pressure as a flood of cheap imported steel undercuts local manufacturers, threatens thousands of jobs and accelerates the…...
Construction Costs Surge May 24: Iran Crisis Drives Inflation
1+ day, 3+ hour ago (317+ words) Supply chain disruptions force architects to adapt sourcing strategies. Transport and delivery expenses have become prohibitively expensive. Material production costs have risen significantly due to higher energy requirements. These compounding factors mean contractors must absorb losses or pass costs to…...
India drafts new steel policy targeting green, specialty output goals
1+ day, 18+ hour ago (168+ words) Indonesia to implement state-led coal export mechanism in phases, but supply squeeze is already biting Indonesia to route coal export through state enterprise, adding uncertainty to seaborne supply outlook Infographic | S. Korea coal imports in Apr 2026 Anglo American unloads coking coal…...
King's Award winner says new steel policy incentivising off-shoring - MM Media
1+ day, 11+ hour ago (91+ words) A King's Award-winning British steel fabricator has warned the Government's flagship steel protection policy contains a critical flaw which will drive manufacturing overseas. Fabweld Steel Products (FSP) says while the UK will impose significant import tariffs on raw steel, the…...
India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping duty
1+ day, 15+ hour ago (421+ words) Anti dumping duty News, Import Export News Agencies India's Ministry of Steel has asked the finance ministry to withdraw anti-dumping tariffs on low-ash metallurgical coke imports, citing inadequate domestic supplies and higher prices, according to a government document reviewed by…...
US Department of Commerce issues dumping ruling on Belgian steel plate imports
2+ day, 54+ min ago (234+ words) Steel Radar Iron and Steel Markets US Department of Commerce issues dumping ruling on Belgian steel plate imports The U. S. Department of Commerce has announced the final results of its antidumping review covering the 20232024 period for certain carbon and alloy cut-to-length…...
Nucor Corporation Opens New Steel Micro Mill in North Carolina
1+ day, 23+ hour ago (196+ words) Nucor Corporation officially opened its Nucor Steel Lexington rebar micro mill in North Carolina on May 1 to supply regional infrastructure projects with recycled steel, as reported by Detik Finance. The newly operational facility maintains an annual production capacity of 430, 000 tons…...
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