Jiji Press reported that shipbuilding units of JFE Holdings Inc and IHI Corp are set to merge into a single entity called Japan Marine United Corp on Tuesday in a bid to survive the tough business environment. The units to be merged are ...
Tags: JFE Holdings, IHI Corp, Japan Marine United Corp, Shipbuilding Units
VietNamNet Bridge reported that Formosa Plastics has just started the construction of the first blast furnace of the steel mill in Vung Ang economic zone. However, industry experts said that they feel worry instead of joy about the project ...
Tags: Steel project, steel mill, blast furnace, hot rolled steel
Two people familiar with the matter said that JSW Steel Ltd is facing its first annual drop in output in at least 10 years because of a shortage of iron ore at its biggest mill. The people said that production at the Vijayanagar plant in ...
Tags: iron ore price news, steel scrap price, steel supplies
JFE Holdings Inc and IHI Corporation announced that the effective date of the management integration of their respective subsidiaries Universal Shipbuilding Corporation and IHI Marine United Inc. is January 1, 2013, as announced tentatively ...
Tags: iron ore price news, steel construction, steel market prices
Reportedly, JFE Holdings will postpone the investment of steel mill in Vietnam which costs up to US$3.6 billion as it assesses competitive risks. Mr. Eiji Hayashida, the president of steel unit JFE Steel said that the firm needs more time ...