Lithium fans, take note. The metal’s crown as the leading raw material in batteries for electric vehicles (EVs) is facing increasing competition from other products such as cobalt and nickel.

Steel First will examine the outlook for the European steel market at our Insight event in Düsseldorf, Germany, on Thursday March 17.

Metal Bulletin sister title Steel First will examine the outlook for the European steel market at our Insight event in Düsseldorf, Germany, on Thursday March 17.

China Steel Corp, Taiwan’s biggest steelmaker, will invest an additional $939 million in Formosa Ha Tinh Steel, a large integrated steel mill that is being built in Vietnam.

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.