Nippon Steel pouring big money into India and Thailand

Nippon Steel and ArcelorMittal, two of the world’s largest steel companies, have turned their attention to India and Thailand amid weakening demand in Japan and the energy crisis in Europe. The ArcelorMittal Nippon Steel India joint venture (AM/NS India) has announced two new initiatives to expand operations in India: New construction and capacity expansion of […]Continue Reading

China’s Xi to open 20th Communist Party Congress

BEIJING: Chinese President Xi Jinping is to open the 20th Communist Party Congress on Sunday (Oct 16), a week-long event where he is widely expected to win a third leadership term and cement his place as the country’s most powerful ruler since Mao Zedong. The gathering of roughly 2,300 delegatesContinue Reading