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...
Main
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...
Germany's largest steelmaker sues European Commission
Thyssenkrupp believes that the European Commission's decision to block the merger of its steel assets in Europe with Tata Steel was illegal....
Russian metal rolling in Europe can be bought online with delivery in 3 days
Russian metallurgical giants Severstal and NLMK Group plan to enter the European e-commerce market....
EU to cut annual liberalization of steel imports
Last week the European Commission (EC) proposed some adjustments to the existing safeguards for the import of steel products into Europe to the...
Shares of American metallurgists rose sharply
The reason for the rapid growth of quotations in a weakening market was the decision of the Trump administration to postpone the introduction of...
The owner of the Turkish Erdemir is ready to invest a billion pounds in the future of British Steel
Turkish military pension fund Ataer Holding plans to commit £ 900m to revive Britain's second largest steel producer, British Steel....
Kobe Steel said it fully felt the impact of the US-China trade war
The Japanese iron and steel company fell 13 percent after publishing its quarterly report for April-June 2019. Kobe Steel shares have dropped 24...
ArcelorMittal slashes global steel consumption growth forecast
The world's largest steelmaker on Thursday revised its forecast for global steel demand, and now Europe is expected to see a sharper decline in...
CDP: steel industry will not be able to reduce CO2 emissions
Steel corporations are unable to cut emissions at the rate necessary to keep global warming below 2 degrees Celsius, so we are doomed to cataclysms...
Asia faces an influx of Chinese steel due to Washington's actions
Import duties on steel imposed by Washington last year have separated the American market from the rest of the world, leaving Asia facing a surplus...
European steel market faces increasing pressure
Analysts at S&P Global note growing problems in the automotive industry and growing pressure from environmental fees amid rising raw materials...
Tangshan government crackdown crashes iron ore quotes
Tangshan City's determined fight against air pollution sources has led to a decline in iron ore exchange prices in China...
China raises import duties on stainless steels
Beijing is planning to introduce anti-dumping duties on certain types of stainless steel from the EU, Japan, South Korea and Indonesia....