Tag: Steel
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Steel, Sanctions, and Shifting Sands: Russia’s \$2.6B Gamble Reshapes South Asia
By Nasir Ismail | International Affairs Columnist When Pakistan and Russia recently inked a \$2.6 billion agreement to resurrect the long-dormant Pakistan Steel Mills (PSM), few saw it as just another industrial project. Beneath the hum of furnaces and the gleam of molten metal lies a deeper truth—South Asia’s strategic map is being redrawn, and…
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China steel futures open higher
SHANGHAI, Feb. 19 (Xinhua/APP):Steel futures opened higher Friday in daytime trading on the Shanghai Futures Exchange. The most active construction steel rebar contract for May 2021 delivery was up 44 yuan (about 6.82 U.S. dollars) to open at 4,555 yuan a tonne. The most active May 2021 contract for hot rolled coils, mainly used in…
