/ Nov 12, 2016

R&K Trading opens steel factory in Yangon

Iron and steel trader R&K Trading Co. inaugurated a ¥1.5 billion ($14 million) state-of-the-art steel factory in Yangon, Myanmar's largest city, on Friday. The Japanese factory covers an area of 19,950 sq. meters in the Japan-backed Thilawa Special Economic Zone. With a production capacity of 120,000 ...

Mar 3, 2016

U.S. slaps duties on cold-rolled steel from Japan, other nations

The U.S. Department of Commerce has preliminarily decided to impose antidumping duties on imports of cold-rolled steel products from Japan and six other countries after determining that several companies sold the products at less than fair value, the department said in a statement. The products ...

/ Oct 29, 2015

Japan's top steel mills slash profit forecasts on China glut

Nippon Steel & Sumitomo Metal Corp. and JFE Holdings Inc. cut their profit forecasts for the year as the nation's top two producers respond to a global supply glut spurred by unprecedented Chinese exports. Japan's steel companies are battling against falling prices on export markets, ...