Steel

‘Made in Europe’ plan’s sting in tail for Asia and the wider world

The soon-to-be-finalised initiative will impact industries from cars to manufacturing, steel and defence

As shipments have grown, a wave of protectionism has led to anti-dumping restrictions on Chinese products by countries including Vietnam, South Korea and Australia.

Nippon Steel executive sees China-driven supply glut nearing end

Steel mills in the Asian nation have ramped up exports as a way to offset falling domestic consumption

SSAB's steel mill, where it makes specialised high-strength steel used in cars, construction machinery and agricultural equipment.

Steelmaker SSAB beats earnings forecast aided by improved Americas business

Operating earnings rises to 756 million Swedish kronor (S$108.1 million) in Q4 2025

Exporters of high-carbon industrial products such as steel, iron, aluminium (above), cement and fertilisers will be most affected.

Can the EU withstand the pushback against its carbon levy?

Brussels must defend its climate goals and prove its policy is the future of trade

The capital injection from OCBC’s investment arm is part of the bank’s sustainability investment programme, which seeks to directly invest in green and transition assets.

OCBC invests in low-carbon steel in Malaysia’s Sabah

The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon steel plant

MaxSteel CEO Henry Ng says: “To stay competitive, we’ve needed to be very innovative and constantly improving, as well as resourceful in finding good, reliable partners, so that we can continue to serve our customers better.”
ENTERPRISE 50 AWARDS

MaxSteel forges its future on diversification and a major regional expansion 

The steel and metal products maker expects to triple its revenue through a new joint venture in Thailand to support the electric vehicle boom

Steel exports from China, the world’s largest producer, have surged to record highs as a sharp downturn in the domestic property market has hurt demand.

Japan’s trading houses brace for more pain from China steel glut

The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six months

Steel exports have been a notable bright spot for Chinese mills, but it’s not clear whether that can last as the world tilts increasingly towards protectionism

China aims to revive steelmaking without ordering cuts to supply

Beijing seems to have committed to a more gradual tightening of the screws on steelmakers that would play out over years rather than months

VinFast's EV manufacturing factory in Hai Phong, Vietnam. VinMetal's core product lines will include hot-rolled steel, high-strength steel, and specialised alloy steel for EVs.

Vingroup’s 10 trillion dong steel venture to supply materials for rails, EVs, real estate

VinMetal will initially prioritise supplying materials for the conglomerate’s ecosystem