The Business Times
business-time-50

Steelmakers hard hit by China slowdown, falling prices

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jul 30, 2015 · 09:50 PM

    Tokyo

    THERE'S trouble in steel town.

    Asia's largest steelmaker forecast the first drop in full year earnings in three years just hours after US Steel Corp reported a quarterly loss, adding to signs that mills worldwide are facing challenges from lower prices and record Chinese exports.

    TRENDING NOW

    The primary fear among investors is that rising memory costs will force customers to reduce usage and turn to cheaper alternatives.

    SK Hynix’s US$570 billion sell-off shows cracks in memory chip boom ahead of earnings

    The move comes as Indonesia seeks to strengthen its investment proposition and attract more foreign capital.

    Indonesia offers sweeping tax breaks under new financial-centre law

    In the first six months of 2026, DBS’ corporate virtual assistant, DBS Joy, handled 22% more chats. The number of active users rose by 61%.

    DBS rolls out agentic AI to 350,000 corporate clients

    Vietnam has long relied on commercial banks as the economy’s principal source of capital.

    Vietnam banks strain to finance Hanoi’s double-digit growth push

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More