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Steel
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July 07, 2025
Baosteel Acquires 49% Equity in Magang Limited
(Reported by this newspaper) On June 27, Magang Limited completed its business registration change. Through an equity transfer and capital increase, Baosteel Co., Ltd. acquired a 49% equity stake in Magang Limited. Baosteel and Magang will now embark on a new journey of comprehensive collaborative development and joint strengthening, marking a solid step forward in the coordinated development of China
July 02, 2025
CRU GROUP will be speaking at the European Steel Scrap and Circular Economy Forum 2025
📢 Exciting news!MATTHEW POOLE from CRU GROUP will be speaking at the European Steel Scrap and Circular Economy Forum 2025. ✨ Matthew has over 25 years of experience working in the steel industry, both in consulting and in line management roles within a major steel producer. Prior to joining CRU, Matthew held a number of senior management positions within Tata
July 02, 2025
India, UAE Discuss Collaboration in Green Steel, Aluminium
Union Steel Minister H.D. Kumaraswamy met UAE’s Economy Minister H.E. Abdulla Bin Touq Al Marri to boost industrial collaboration under CEPA. Key topics included green steel, resource security, and production of high-grade steel and aluminium for automotive and strategic use. Indian PSUs like SAIL, NMDC, and MECON are deepening ties with UAE entities. All have set up offices in Dubai. A joint working group is proposed to streamline trade and logistics, enhancing India’s vis
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