Tag

Steel production

Why we urgently need a European steel pact

In order for the European steel industry to survive the transformation, the EU Commission should become more active. A European steel pact would have to combine countervailing duties, green energy supply and public procurement.

By Experts Table.Briefings

Bildnummer: 55052250  Datum: 22.03.2011  Copyright: imago/China Foto Press
DALIAN, CHINA - MARCH 22: (CHINA OUT) Labors work at the Dalian Special Steel Products Co. Ltd on March 22, 2011 in Dalian, Liaoning Province of China. According to the Ministry of Commerce (MOC) Tuesday, China s outbound direct investment (ODI) in the non-financial sector had an increase of 13.1% year on year to 5.27 billion U.S. dollars in the first two months. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Wirtschaft Industrie Stahl Stahlindustrie CHN premiumd kbdig xng 2011 quer  o0 Stahlarbeiter, Arbeitswelten, Gesellschaft, Produktion, Herstellung, Hochofen

Bildnummer 55052250 Date 22 03 2011 Copyright Imago China Photo Press Dalian China March 22 China out Laboratories Work AT The Dalian Special Steel Products Co Ltd ON March 22 2011 in Dalian Liaoning Province of China According to The Ministry of Commerce MOC Tuesday China S outbound Direct Investment Odi in The Non Financial Sector had to Increase of 13 1 Year ON Year to 5 27 Billion U S Dollars in The First Two MONTHS PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Economy Industry Steel Steel industry CHN premiumd Kbdig xng 2011 horizontal o0 Steel workers world of work Society Production Production Blast furnace

Steel industry struggles to break free from coal

Globally, the shift away from coal usage in steel production is seen as a crucial climate mitigation issue. However, China, the world's largest steel producer by far, is moving too slowly. Experts criticize the loopholes in Chinese steel regulations.

By Nico Beckert

Expensive raw materials jeopardize growth

The prices for iron ore, metals or crude oil keep rising. China is one of the largest importers and consumers of these raw materials. Many companies pass on the increased prices to their customers. Inflation is rising and small producers are perishing from the price increase. The government is beginning to take countermeasures and is throwing strategic reserves onto the market.

By Christiane Kuehl