Hyundai Steel saw its operating profit double in 2014 on the back of its expanded capacity and a significant change in its sales mix as it moved into more value-added products.

A proposal from Taiwan’s Formosa Plastics Group to join it in the management of a large steelworks in Vietnam may see Japan-based JFE Steel returning to invest in the Southeast Asian country.

Japan’s Tokyo Steel will keep all of its domestic prices unchanged for December delivery steel products.

South Korea’s Posco supplied two grades of lightweight steel for Renault's 100km-per-litre Eolab concept car, launched at the Paris Motor Show last week.

ArcelorMittal introduced a new range of lightweight high-strength steels for the automotive sector on Tuesday September 2.

Editor Vera Blei looks at the main news covered by Steel First this week.

Northern China’s Hebei Iron & Steel Group saw its finished steel exports surge by 75% in the first quarter of 2014 as it focused more on overseas markets amid sluggish domestic demand.

The debate over whether to use steel or aluminium in the automotive market is intensifying.

China’s largest steelmaker Hebei Iron & Steel expects its full-year results for 2013 to remain at low levels on account of the weak the steel market last year.

Growth in Turkey’s steel industry ranks third in the world behind only China and India, according to Veysel Yayan, general secretary of the Turkish Iron and Steel Producers’ Assn (DCUD).