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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The European Commission has ordered that imports of a certain type of steel from China and Russia should be subject to registration, part of its ongoing investigation into alleged dumping of product by the two countries. It told customs authorities to register imports of cold-rolled flat steel from Dec. 13,…

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Indian Stainless Steel Development Association (ISSDA), a leading stainless steel industry body, has said the recent imposition of Anti Dumping Duty (ADD) on Cold Rolled (CR) flat products will have a negligible impact as the import trend has now shifted to higher widths. It was reacting to government decision to…

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Steelmakers in China, the world’s top supplier, are cutting output yet again as faltering demand and a rout in prices show no signs of abating. Crude steel production shrank 1.6 percent to 63.32 million metric tons in November from a year earlier, while supply for the first 11 months dropped…

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India imposed import duties for five years on some stainless steel imports from China, the European Union and the United States on Friday, as the government tries to protect local companies suffering from what it says is unfair competition. The government said the anti-dumping duties, on cold-rolled flat stainless steel…

Saturday, Dec 12, 2015
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A further 600 jobs have been saved at collapsed Black Country steel firm Caparo, said administrators. The majority of the remaining businesses and assets have now been sold - saving 1,100 jobs, said PwC. The Gupta family has bought a total of 10 Caparo businesses in recent weeks. Administrators were…

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Czech steelmaker Moravia Steel is eying the Slovak branch of United States Steel Corp (X.N) and the two sides have already had talks, newspaper Hospodarske Noviny reported on Thursday, citing unnamed sources. U.S. Steel Kosice is the biggest employer in the country of 5.4 million, employing 12,000. It considered a…

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Liberty Steel is set to buy the advanced engineering business of Caparo Industries from administration, saving more than 600 jobs. The company last month snapped up Caparo’s tubes arm and reopened a hot rolling mill in Newport, south Wales, in October. The Midlands-based advanced engineering arm makes components for the…

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The government is soon expected to fix a minimum import price (MIP) for steel products to protect the domestic industry from cheap inbound shipments. The ministries of Commerce and Steel, which are discussing the matter, have proposed a floor price for over 30 products below which imports into the country…

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Czech steelmaker Moravia Steel is eying the Slovak branch of United States Steel Corp (X.N) and the two sides have already had talks, newspaper Hospodarske Noviny reported on Thursday, citing unnamed sources. U.S. Steel Kosice is the biggest employer in the country of 5.4 million, employing 12,000. It considered a…

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P K Singh CEO of Duragpur Steel Plant will be the new chairman of Steel Authority of India Limited. His appointment, which was cleared by the government, fills up a key vacancy in top leadership at the country's largest state owned domestic steel company. SAILBSE 1.13 % remained without a…