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steel
Contracts

BRC Asia wins $570 million contract for Changi Airport's Terminal 5
BRC Asia's total orderbook as of July 14 has reached $2 billion
July 14, 2025
Europe

Germany’s defence firms need steelmakers to help fuel the boom
“Defence capability and security are collective goods. You can’t expect individuals to take care of this in their own private economic interests.”
June 18, 2025
US Economy

US Steel sale to Nippon Steel poised to close after Trump deal
As part of the US$55-per-share deal, the Japanese company will invest an additional US$11 billion by 2028
June 15, 2025
Global Economy

UK considers nationalising Chinese-owned British Steel
China's Jingye bought British Steel out of liquidation in 2020.
April 08, 2025
Broker's Calls

UOB Kay Hian jacks up target price for Hong Leong Asia to $1.46 from $1.11
'In our view, HLA remains undervalued given the positive outlook for its businesses'
March 24, 2025
Europe

Europe to toughen steel sector protection amid defence push
A battle tank for example, needs 50 to 60 tonnes of high-quality steel, while a fighter jet requires 10 tonnes of aluminum.
March 20, 2025
M&A

Asia Enterprises to take 28.64% stake in metals logistics operator for $8.86 million
As at June 30 2024, Asia Enterprises holds 13 cents per share in cash, equal to its last traded share price.
January 05, 2025
Commodities

US steel industry leaders have high hopes for revival in 2025
The US steel industry has been dominated this year by Nippon Steel’s proposed takeover of United States Steel.
September 01, 2024
China

China puts brakes on new steel mills with industry in crisis
China has stopped giving approvals for new steel mills amidst an oversupply.
August 23, 2024
Broker's Calls

UOB Kay Hian, citing near and long term growth, raises BRC Asia's target price to $2.42
Long term growth is underpinned by mega projects such as Changi Airport's Terminal 5, Tuas Port and the Cross Island MRT line
April 16, 2024








