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CPCA: China's average day-to-day guest car retail sales up 27% in Aug 22-31

The typical day-to-day passenger vehicle retail sales in China reached 85,000 devices in the fourth week of August (August 22-31), up 27 percent year on year, while rising by 1.0 percent month on month, according to the China Auto Organizati...


China's excavator sales total up to 18,076 units in August

In August this year, excavator sales of 26 primary excavator manufacturers in China amounted to 18,076 units, continuing to be secure year on year, as announced by the China Building And Construction Equipment Organization (CCMA). Particular...


Rating agency Ind-Ra attests secure expectation for SAIL

India Scores and Study (Ind-Ra) has actually affirmed Indian state-run steelmaker Steel Authority of India's (SAIL) long-lasting company ranking as 'Ind-AA" signifying a secure outlook, according to a statement of the rating agency on Thursd...


POSCO prepares to re-commission BFs from September 10

South Oriental steelmaker Pohang Iron and Steel Co. (POSCO) has announced that its typhoon damages restoration work is accelerating.The business intends to operate the three blast furnaces at the Pohang Functions, which are presently blown d...


United States OCTG imports up 21.7 percent in July

According to preliminary census information from the US Division of Business, United States imports of oil country tubular goods (OCTG) completed 233,626 mt in July 2022, up 21.7 percent from June and also up 45.9 percent from July 2021 degr...


Brazilian plate exports enhance in August

Brazil exported 32,100 mt of hefty plate in August, versus 7,100 mt in July, while importing 25,800 mt of the product in August, against 300 mt July.Except for 400 mt delivered to Belgium, the exports in August were destined to South America...


India's JSW Group to invest $506 million in steel, cement, paints shopping system

India's JSW Team will spend an estimated $506 million over the next five years in its e-commerce system - JSW One Platform - to make it "an Amazon of developing materials" such as steel, cement as well as paints manufactured by its different...


Turkey's CRC imports up 2.6 percent in January-July

In July this year, Turkey's chilly rolled coil (CRC) imports enhanced by 51.8 percent month on month to 95,903 mt, up 70.5 percent year on year, according to the information given by the Turkish Statistical Institute (TUIK). The worth of the...


Turkey's Oyak Renault suspends production once more amidst semiconductor chip scarcity

French car manufacturer Renault's Turkey-based subsidiary Oyak Renault has introduced that it suspended production at a few of its devices on September 8 as a result of the semiconductor chip supply lack encountered by the auto industry.The...


India's TPREL to establish solar energy plant for stainless steel manufacturer

India's Tata Power Renewable resource Limited (TPREL), the nation's biggest integrated eco-friendly power manufacturer, will establish a 100 MW solar power plant for stainless steel manufacturer Viraj Profile Private Limited, a TREPL declara...