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...
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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....
US Steel announces massive cuts in Slovakia
2,500 workers of the largest metallurgical plant in Slovakia, US Steel Kosice, which is the main supplier of rolled metal for Volkswagen, PSA...
Growing demand for steel will drive demand for metallurgical coke
The metallurgical coke market is directly dependent on the steel market and is closely related to such industries as infrastructure construction and...
Magnitogorsk Iron and Steel Works predicts high demand for metal products in the Russian Federation
In the second quarter of 2019, the demand for metal products in the Russian market remained at a high level, which was associated with the start of...
Trump will force officials to buy American steel
95 percent of the steel and pig iron used for US government projects will be provided by US firms...
Chinese imports of iron ore fell to three-year low
Data from China's General Customs Administration show that ore supplies to the PRC, disrupted at the beginning of the year after the disaster in...
Protectionism fails to balance the steel market
The steel market can be characterized as generally unstable, since there is still a lot of uncertainty, and any event that is insignificant in a...
Russia files a complaint with the WTO against US duties on hot rolled sheet
Russia will appeal to the WTO at once nine American trade restrictions. The measures under consideration, as the statement says, are inconsistent...
China's Hebei province decides to expedite the elimination of steel facilities
Earlier in Hebei, it was planned to abandon the production of steel with a capacity of 14 million tons, coal with a capacity of 10 million tons,...