NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Industry body Indian Steel Association (ISA) has approached the Central Board of Excise and Customs (CBEC) alleging undervaluation in import of 35,000 tonnes of steel products originating from South Korea. In a letter to CBEC chairman Najib Shah in October, ISA has alleged that during this time, import consignment of…

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Mexico's Economy Ministry is launching an anti-dumping investigation into imports of cold-rolled flat steel from China and Taiwan, according the government said on Thursday. Steel company Ternium requested the investigation in September, saying that imports from China and Taiwan increased sharply between January 2012 and April 2015 and that hurt…

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The United States on Wednesday slapped import duties of up to 227.29 percent on imports of cold-rolled flat steel from China after finding the goods were produced using unfair levels of government support. In a preliminary decision, the Department of Commerce set duties on imports from Brazil, China, India and…

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Chinese steel pipe manufacturer, Jiangsu Yulong Group, on Wednesday held a groundbreaking ceremony for a large-scale factory in Nigeria's Lagos Lekki Free Trade Zone. The groundbreaking ceremony was attended by government officials, Chinese envoys and representatives from private companies. Jiangsu Yulong Group, which was listed on China's Shanghai Stock Exchange…

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The National Green Tribunal today allowed Bhushan Steel and Strips Ltd's Sahibabad plant in Uttar Pradesh, which had been ordered to be closed for polluting the environment, to operate for three weeks. The green panel also directed a joint inspection team, comprising members from IIT-Delhi, Uttar Pradesh Pollution Control Board…

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Sutor Technology Group Limited, one of the leading China-based manufacturers and customized service providers for fine finished steel products used by a variety of downstream applications, announced that it succeeded in its trial production of self-developed pre-painted cold-rolled steel ("PPCR steel"). The new developed PPCR steel will meet all color…

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Steelworkers in Rotherham hit by Tata Steel’s recently-announced job cuts have been promised a £9 million support package. The money, which is being put together by partners across the Sheffield City Region, will help the 490 workers facing redundancy, as well as related businesses likely to be hit hard amid…

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Japan's crude steel output in the fiscal year that starts next April is likely to be flat from this year at around 105 million tonnes, with growing local demand offsetting faltering exports, an industry body said on Wednesday. That tepid outlook from the Japan Iron and Steel Federation follows a…

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Megasteel Sdn Bhd, the biggest hot roll coils (HRCs) producer, says the Government needs to protect local steel producers to prevent job losses from closure of steel mills. “In contrast to the picture painted by The Malaysian Iron and Steel Industry Federation (Misif), Megasteel is not the only steel company…

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India generates a good volume of non-ferrous scrap, a feedstock for making steel through electric arc furnaces (EAFs) and induction furnaces (IFs). However, supply from local sources continues to fall short compared to requirements, giving a push to imports of steel scrap. Addressing a conference in Prague organised by the…