Around the sustainable development of the German economy, Germany’s Energy Transition has been a hot topic in political and public life. While the big trend of the energy-saving and emission reduction is bound to challenge industrial’s development, especially the energy-consuming industrial. It is also required by the European energy policy and climate policy. German steel…
Tag: steel
Japanese steel mills will reduce the cost and improve the quality
Japan’s largest steel manufacturer NSSC Company (NSSM) plans to close the factory’s the most old-fashioned one of three blast furnaces in Kimitsu in fiscal year 2015, Kobe Steel in 2017 fiscal year; the company will close the plant in Kobe the only one blast furnace. As for NSSC companies, the optimization of production is the…
Serious global steel overcapacity
Currently, the global steel overcapacity is long-term structural problems, not the market a cyclical problem, steel industry leaders need strong initiatives to reduce excess capacity, otherwise the steel industry can’t be reborn. Morgan Stanley’s research data shows that global excess steel production capacity is estimated 334 million tons, of which China about 200 million tons…