Category: News

China Pollution Alert Curtails Steel Plants, Close...

The severe smog blanketing Beijing has prompted the nearby Tangshan government to shut down all steel rolling plants during the daytime as air quality in the capital continued to deteriorate to hazardous levels. The Tangshan Municipal Government issued …

Metals and mining: Outlook’s tough for the s...

Key takeaway: Recent domestic steel demand data appears positive, but weak global steel fundamentals, falling global prices and imports will continue to weigh on domestic steel prices, in our view. More protectionist policies are possible, which may …

Zim projected to receive $614m FDI for 2016

pulled out of a deal to invest close to US$1 billion in the beleaguered Zimbabwe Iron and Steel Company (ZISCO) and an electricity generation plant. The investment would have benefitted downstream industries. Essar’s decision marked the return of …