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“Effusting” scrap steel high-efficiency preheating system becomes the new favorite in steelmaking
In the wave of steel smelting, the “Efustin” scrap steel high-efficiency preheating system innovatively developed by Henan Weimeng Vibration Equipment Co., Ltd. (hereinafter referred to as Weimeng Co., Ltd.) is like a…
Capacity transfer promotes green and high-end development of the steel industry, strengthens confidence, stabilizes the economy and promotes development
Capacity transfer plays a crucial role in transforming the steel industry toward greener and more sustainable practices. By relocating or upgrading production processes, companies can reduce emissions, improve energy efficiency, and adopt…
Lula: Brazil will take reciprocal measures to counter US steel and aluminum tariffs
Brazilian President Lula recently said that if the United States imposes additional steel and aluminum tariffs on Brazil, Brazil will take reciprocal measures to counter. Specifically, Brazil plans to impose tariffs on…
How the “five types” of steel are made
The “five types” of steel refer to the five characteristics that the steel industry should have in the process of high-quality development. These characteristics are low-carbon and green, optimized layout, advanced technology,…
Steel consumption continues to recover, which may support the strong fluctuation of steel prices
According to the survey report, steel consumption is gradually recovering recently, which has a positive impact on supporting steel prices. Although the market is still volatile, the overall trend shows signs of…
The dream of a strong steel nation for the “zinc” generation
The dream of a steel powerhouse of the “zinc” generation demonstrates China’s vision of pursuing technological innovation and sustainable development in the modern steel industry. With the development of science and technology,…
New solutions to the new problem of “just need”
“Rigid demand” refers to the rigid demand of the steel industry. The new challenges it faces include changes in market demand, pressure from environmental protection policies, and technological upgrades. In order to…
South Korea’s steel industry is in a state of emergency
The Korean steel industry has indeed been in a state of emergency recently. This is because US President Trump announced a 25% tariff on all imported steel, which has led to severe…
Trudeau vows to fight back against Trump’s steel, aluminum tariffs.
Canadian Prime Minister Justin Trudeau has harshly condemned the recent US tariffs of up to 25% on steel and aluminum imports, calling them “unacceptable.” Trudeau has firmly stated that Canada will not…
Posco’s net profit in 2024 will drop by 44.2%
A report released by South Korea’s Posco Holdings on February 3 showed that in 2024, the revenue of its steel business fell by about 2.1% to 62.201 trillion won, operating profit fell…
Shandong Iron and Steel received financing purchase of 7.0812 million yuan on February 10, with a financing balance of 305 million yuan
On February 10, Shandong Steel (1.460, 0.00, 0.00%) rose 2.10% with a turnover of 133 million yuan. The margin trading data showed that Shandong Steel received a financing purchase of 7.0812 million…
Trump to announce 25% tariffs on imported steel, aluminum in latest trade escalation
U.S. President Donald Trump said Sunday (February 9) that he will announce on Monday that he will impose 25% tariffs on all U.S. imports of steel and aluminum on top of existing…