DETROIT, May 18, 2011 /PRNewswire/ -- The Steel Market Development Institute (SMDI), in collaboration with WorldAutoSteel, announced today the results of a three-year program to develop fully engineered, steel-intensive designs for electrified vehicles that reduce greenhouse gas emissions over their entire life cycle.

World Steel Market to Reach 1.6 Billion Metric Tons by 2015, According to New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Steel markets.

Inclusion of LCA Abstract Points to Broader Assessment of Environmental Performance in Auto Industry, According to Global Steel Trade Association COPENHAGEN, Denmark, March 12 /PRNewswire/ -- While tailpipe emissions are currently the de facto measurement for greenhouse gas emissions for autos, lifecycle assessment is gaining legitimacy as a more comprehensive measurement of GHG emissions. The World Steel Association in partnership with its automotive branch, WorldAutoSteel, will present its latest findings on energy savings and CO2 emission reductions in steel on 10-12 March at the International Scientific Congress on Climate Change in Copenhagen, further backing their commitment to mitigate climate change effects. The conclusions of this congress will be transmitted to world leaders and policymakers in the run-up to the post-Kyoto Climate Change conference in December. Global steel industries calculate GHG emissions using Lifecycle Assessment (LCA) as the most accurate and respon

Production capacity has outstripped demand in China's steel-making industry, a trade association executive said. Executive Deputy Director Luo Bingsheng of the China Iron and Steel Association said the market for Chinese steel hadn't shown signs of recovery, Xinhua reported Tuesday. The financial crisis and the domestic economic slowdown resulted in contraction in both overseas and domestic markets, Luo said Monday.

Baosteel pares prices as demand wanes, but 4Q rebound possible BEIJING, Aug. 26 (Xinhua) -- Baosteel Group Corp., China's largest steelmaker by output, has cut prices in response to low off- season sales in July and August and a cooling economy that has dented demand.