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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....

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...

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...

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