Official Iron Distributor in Jakarta
The number of new jobs in the steel industry has increased by almost 50,000 over the past two years, as the sector has added almost 4,000 jobs, according to the latest employment figures.The number has more than doubled in the past year, from 523,000 in September 2016 to 792,000 the same month.The industry is expected […]
Industrial steel supply.Industrial steel plate.Industrial-grade steel.Steel is a by-product of the process of creating and producing steel by grinding, polishing, casting, and welding.Steel is used in building and manufacturing steel-framed buildings, steel tubing, steel pipes, and steel cables.The Pittsburgh Steel Corporation (PSC) is the world’s largest steel producer and distributor of steel products.The company has […]
The steel industry is struggling to make a comeback after falling sharply in 2016.The industry is now worth less than half of what it was when it was hit hard by the Brexit vote, the International Monetary Fund has warned, and there is a growing fear that the industry will fall into recession.“The steel industry […]
Industrial steel production in Canada has seen a record high, according to new data from Statistics Canada.The company, which has been in decline since the 1970s, saw a 3.7 per cent increase in total production last year, up from 2.9 per cent in 2015.“I think the trend we see in industrial steel is one of […]
India will soon start importing steel from the United States, as U.K. Prime Minister Theresa May has announced that the country will start importing the metal as soon as the Trump administration takes control of the industry.“India will soon be importing steel for its steel mills, as per the order of the U.N.,” Ms. May […]
A Ponzis scheme called the Steel Industry Ltd.is being run by a group of investors who are willing to pay thousands of dollars to invest in the scheme.The investors are selling shares in Steel Ltd and a small portion of the company is going to be used to buy shares in a competing company.The new […]
Japan’s National Diet has agreed to give companies a massive $2 billion grant to help revive the country’s steel industry.The package, announced Tuesday, will be made up of loans to help businesses get back on their feet and expand production, according to the Diet’s website.The funds will be given to companies in industries ranging from […]
Uganda’s steel industry has appealed to the U.S. for an additional $1 billion in loans to expand its production.U.N. Secretary-General António Guterres said in a statement that the Ugandan steel industry had requested a loan of $1.2 billion to expand steel production at the Nairobi Steelworks and another $500 million for new capacity.Guterre’s statement did […]
Steel industry jobs will be slashed by 40 to 50 per cent as part of the Government’s plan to cut $200 million in jobs from the sector.Key points:Work will be moved from Victoria to the Queensland city of Wollongong and the state’s biggest steelmaker is set to lose nearly $1.1 billion in revenue over the […]
The fiscal cliff deal being negotiated by House Speaker John Boehner and Senate Minority Leader Mitch McConnell is an “economic no-brainer” and “not worth a dime,” President Obama said Monday.The deal is expected to be finalized Tuesday.Obama said the deal was not “just an election issue, but a political one as well,” as it would […]
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