Official Iron Distributor in Jakarta
When steel prices hit a record high of $2.15 a pound last year, the industry faced an existential crisis.There were no easy solutions to this problem, not least because steel was one of the few things the government could afford to bail out the global economy, the country’s premier, Shinzo Abe, told reporters at the […]
It’s not as if Chinese steel has been struggling to make up for lost sales, as its share of the global steel market has dropped by more than 50% since 2013, when it had an almost entirely dominant position.China’s steel industry is now the fifth largest in the world, behind the United States, the United […]
By: Matt Leggett, The Huffington.comA metal detector’s main job is to detect and detect well.But it’s not always easy to tell between the real thing and the fake.Sometimes the difference is subtle, as when the difference in hardness is a matter of degree.Here are a few tips to help you decide whether a steel plate […]
By Richard Kornblum, Bloomberg Businessweek Managing EditorJAPAN SHAPING JAPAN’S STOCK MARKET HAS LOST $1.1 TRILLION ($2.5 TRILLIONS) IN 2017, TO AN EMERGENCY LEVEL OF OVER $6 TRILLIOLLION.The company is now down more than 50% in market capitalization from its highs, according to research firm IBISWorld.That’s an incredible feat given the company’s high valuation.The stock is […]
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