Steel
OCBC cuts financed emissions in all targeted ‘dirty’ sectors in 2024
The bank’s reductions in oil and gas already surpass its 2030 goal, but annual performance depends on factors that may be outside control
‘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
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
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
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
China’s aluminium output hits record, steel below one billion tonnes
China is the world’s biggest producer of both metals
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 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
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
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
