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ArcelorMittal's net loss in the third quarter rose by $ 100 million

ArcelorMittal, the world's largest steel producer, on Thursday reported its core net profit, slightly higher than market estimates, but on the other...

What to expect metallurgists in 2020: ore cheaper and coal more expensive

steel Prices are expected to remain at 2019 due to high stocks and slowing growth in the developed world....

Steel prices in Europe fell to an annual minimum

the Difference in price of finished steel and raw materials in Europe fell below 250 euros per ton, which makes manufacturers to cut investments and...

Eurofer expects demand for steel in the EU by 3.1% and sees no bottom

in the second quarter of 2019 the problems faced by the steel sector of the EU, have become more serious, with even more negative consequences for...

Los Angeles Times: a Perfect storm in the American market of steel

the Tariffs on imported steel introduced by the authorities trump last year, played with American steel market is a cruel joke, becoming not what was...

The drop in global steel production indicates serious problems of the world economy

Global steel production in September for the first time in three and a half years recorded a fall, indicating that the slowdown in the global economy....

International Forum on Metallurgical Capacities Fails

The reason was the refusal of the Chinese delegation to continue negotiations, since, in China's opinion, all tasks to reduce excess capacity in the...

World steel production in September fell by 0.3%

Steel production in September 2019 was lower than in September 2018 in almost all regions except China and India....

Nineteen steel associations around the world call for an immediate reduction in excess capacity

Metallurgical associations around the world are sounding the alarm: excess steel capacity is on the rise again for the first time since 2015....

ArcelorMittal may stop the largest metallurgical enterprise in the European Union

Italy's governing coalition has decided to waive the legal guarantee it previously provided to the ArcelorMittal steel mill in Taranto....

ISSF: Global Stainless Steel Consumption Growth To Slow To 2.4% In 2019

At the same time, demand will grow only in Asia and only at the expense of China. In other regions, stainless steel consumption is expected to...

New US duties against European goods began on Friday

On October 18, the United States began to impose additional 10 percent duties on European aircraft and 25 percent on a number of agricultural and...

Steel production in China fell to six-month low in September

Amid fighting pollution, the weekly utilization rate of blast furnaces at steel mills across the country at the end of September to its lowest level...

Steel prices will continue to fall, but the bottom is close

The global steel market is under pressure from Chinese overproduction and interstate trade friction. The aggravation of the situation in Syria and...

Head of China's HBIS Group was elected Chairman of the World Association

The World Steel Association (worldsteel) Board of Directors yesterday elected new officials for 2019/2020 at the Worldsteel General Assembly in...

The Ministry of Economic Development of Ukraine predicts 4% growth in steel production in 2019

The forecast for the development of the metallurgical industry in Ukraine is based on production indicators for January-September this year....

Volkswagen postpones final decision on Turkey plant - Handelsblatt

The carmaker fears reputational losses if it continues to invest in Turkey amid the scandal associated with the attack on Syria....

Worldsteel: steel consumption worldwide, excluding China, will grow by only 0.2%

The World Steel Association predicts a record low growth in global steel consumption in 2019....

Nobel Prize in Economics awarded for new methods of poverty research

This year's Nobel Prize winners have presented a new approach to getting reliable answers about the best ways to fight global poverty....

S&P Global Platts: Global demand for metallurgical coke slows down

The emergence of coke in the spot market from unconventional sources such as Australia and Japan indicates a slowdown in growth in the steel...

GFG Alliance decided to merge all its meat processing plants into a single holding

A spokesman for the GFG Alliance said that work on developing a new corporate structure is at an early stage, but he plans to announce additional...

World steel production continues to grow at the expense of China

Steel production, according to WorldSteel, rose another 3.4% in August 2018, after increasing 1.4% year-on-year in the previous month. China remains...

Signs of another overproduction in the Chinese steel sector

Overproduction of steel in China is once again becoming a real threat to the global steel market, despite government-provided capacity cuts as the...

Prospects for the development of the economy and steel market in the EU in 2019-2020

The first data for 2019 confirms a drop in steel demand amid weak production....

EU countries tighten control over steel imports

In response to industry complaints that a weak market cannot absorb increasing imports, the commission proposed to reduce the growth of quotas to 3...

The trade war between China and the United States has seriously escalated since September 1

In the United States, the increased rates of import duties on goods from the PRC announced earlier by Donald Trump have come into force. China also...

Bank of America: Armageddon in the American steel market

Overproduction of metal products is observed in the American steel market, which, according to the largest US financial institution, is leading to a...

Gold Producers Industry Riots by Counterfeiting Crisis

High gold prices have increased the attractiveness of the bullion market, and so far no one has been able to determine who produces these...

Moody's: Profitability of Asian steel producers will decrease by 15 percent

Weak end-user demand for steel and rising raw material costs cloud the outlook for the metals industry in Asia....

US-China trade war reaches a fundamentally new level

The US President increased import duties on Chinese goods, emotionally reacting to the retaliatory measures of Beijing, which increased its duties...

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