Category: Asia
Stay informed with Asia news covering politics, business, and societal trends across East, South & Southeast Asia.
Oryx Stainless Extends Syndicated Credit Facility to Support Global Growth
Oryx Stainless secures €110M credit extension to fuel stainless steel scrap trading and global recycling growth.
Toyota Buys Stake in LG-Huayou Battery Venture to Meet IRA Compliance
Toyota takes 25% stake in LG-Huayou battery JV to secure IRA-compliant CAM supply for North America.
Kyrgyzstan Extends Ban on Scrap Exports for Six Months
Kyrgyzstan prolongs scrap export ban, impacting global ferrous metal markets amid price volatility and shifting demand.
South Korean Steelmakers Push for Tariff Relief Amid Rising US Trade Pressure
South Korean steelmakers face setbacks in US trade talks but push forward with new export and investment strategies.
Vietnam Lifts State Monopoly on Gold Trading: Market Liberalization Sparks Price Volatility
Vietnam ends 13-year gold monopoly, sparking market volatility and aligning prices with global standards.
South Korea Moves to Shield Steel Industry with K-Steel Act
South Korea introduces K-Steel Act to defend its steel industry from tariffs and cheap Chinese imports.
Iron Ore Prices Surge Over 10% Amid China’s Infrastructure Boost
Iron ore prices rise over 10% in July as China’s infrastructure projects drive market optimism and steel production…
Chinese Steelmakers Boost Profitability Amid Capacity Cuts
Chinese steelmakers profit rebounds 14-fold in H1 2025 due to capacity cuts and softer raw material costs.
European HRC Market Stagnates Amid Import Pressure and CBAM Concerns
European HRC prices drop 2–6% in July due to weak demand, cheap Asian imports, and looming CBAM regulations.
Titanium Grade 7 Ingot Production Achieved by DongA Special Metal Using Recycled Scrap
Korea’s DongA Special Metal pioneers Titanium Grade 7 ingot production from scrap, boosting local supply for…
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