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Southeast Asia steelmakers bid to emerge from China's shadow (Jun 23, 2016)
As a construction boom spurs steel demand across Southeast Asia, countries such as Vietnam, Indonesia and Thailand are challenging a flood of imports from China by retooling their steelmaking technology or imposing tariffs.
Myanmar’s 100-day plan targets steelmaking (Jun 20, 2016)
Myanmar’s ministries have announced ‘100-day plans’ to mark out key goals for the first 100 days in office of Aung San Suu Kyi’s National League for Democracy government. The country’s new administration took office at the end of March. Ministry of Industry planstarget the start-up of two new steelworks.
Tayo Rolls to enter (equivalent) to Chapter 11 in USA, gloabal roll supply disrupted. (May 31, 2016)
Tayo Rolls has made reference to the Board for Industrial and Financial Reconstruction under the Sick Industrial Companies Act, equivalent to Chapter 11 in the USA, mainly due to its fragile cash position and its persistent quality issues which it has not been able to fix.
China will maintain its tax rebate policy for steel exports (May 18, 2016)
BEIJING May 18 (Reuters) - China will maintain its tax rebate policy for steel exports as part of its efforts to help the sector tackle its longstanding overcapacity problems, the country's finance ministry said on Wednesday.
Recent seminar “How to Reduce Cobbles and Optimize Long Rolling” an overwhelming success. (February 17, 2016)
The seminar, which was co-hosted by Scancorp Limited, The Hollteck Company and GEVA Automation, and organized by The Iron and Steel Institute of Thailand (ISIT); covered the causes and remedies of cobbles, cobble prevention and rolling fundamentals.