A deteriorating demand outlook has forced Japanese steel maker Nippon Steel to plan additional steel output cuts after July, by bringing forward the closure of two blast furnaces (BFs) originally planned for later this year.
News ID: 9385 Publish Date : 2020/05/08
Ministry of Industry and Information Technology (MIIT) is actively cooperating with relevant ministries and commissions to study policies and suggestions for boosting and stabilising automobile consumption in China. Such was the statement of Xin Guobin, Deputy Minister of MIIT at a press conference during China’s Manufacturing Industry Resumption Meeting on Monday, March 30.
News ID: 8994 Publish Date : 2020/03/31
China’s production of automobiles came in at 2.59 million units in November. This was up 13% month-on-month and 3.8% year-on-year, the China Association of Automobile Manufacturers (CAAM) said on Tuesday, 10 December 2019.
News ID: 7894 Publish Date : 2019/12/10
Metals.com, a leader in retail metals sales, celebrated its 10th anniversary with the new aluminium division. This aluminium division will serve the automobile, aerospace and construction industries.
News ID: 7893 Publish Date : 2019/12/10
PSA Group will start offering electrified versions of all new and retooled gasoline models in 2020, to be built at Dongfeng Peugeot Citroen Automobile . This is driven by the government’s push towards electrification.
News ID: 7620 Publish Date : 2019/11/29
Chinese automobile manufacturer BYD's new energy vehicles (NEVs) sales fell in October despite a rise in its January-October volumes.
News ID: 7426 Publish Date : 2019/11/13
Urging the Indian automobile industry to focus on manufacturing electric vehicles, Nitin Gadkari, the Union Minister for Road Transport and Highways, said on Wednesday: “We have to make India the global hub of electric automobile manufacturing. This is difficult but not impossible.” The automotive industry should focus on the indigenous development of technology as well, opined the union minister at the launch of Bajaj Auto’s first electric scooter.
News ID: 6742 Publish Date : 2019/10/18
This is 4th bulk scrap import vessel to India for the month of July.
News ID: 5724 Publish Date : 2019/08/05
The China Association of Automobile Manufacturers (CAAM) has forecast the automobile sales to drop in China in 2019. Weaker purchasing capacity due to slower economic growth and the new vehicle emission standards could be some of the reasons for the estimated drop in car sales, according to a report by staffs from the association.
News ID: 5488 Publish Date : 2019/07/25
According to the latest data from the China Association of Automobile Manufacturers (CAAM), production and sales of motorcycles in June improved across China both year-on-year, as well as month-on-month basis.
News ID: 5370 Publish Date : 2019/07/21
This week Indian HRC prices witnessed slight increase in traders market after announcement of sharp price hike by INR 1000-1500/MT by major Indian steel mills last week for March deliveries.However dull trades restricted surge in prices in trade segment this week.
News ID: 4066 Publish Date : 2019/03/18