2,500 workers of the largest metallurgical plant in Slovakia, US Steel Kosice, which is the main supplier of rolled metal for Volkswagen, PSA...
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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...
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,...
ArcelorMittal threatens to close Europe's largest steel mill
Lakshmi Mittala, which has received immunity from prosecution for environmental violations from Prime Minister Matteo Renzi, could be prosecuted if...
Ford plans massive staff cuts in Europe
12,000 workers will remain unemployed in Europe as a result of optimization of the American automaker Ford. The company also plans to completely...
China's Tangshan imposes 50 percent restrictions on steel production
The authorities of the largest metallurgical center in the PRC decided to act more decisively to implement the state program for environmental...
Chinese metallurgists have sharply increased the average daily steel production
The rise in steel production in China comes amid a seasonal decline in consumption, which is causing an increase in stocks in warehouses and anxiety...
New IMO rules could increase the cost of transporting iron ore to $ 5 per ton
The new IMO standards, known as IMO 2020, aimed at stabilizing the freight transport industry, which is a significant source of greenhouse gas (GHG)...
S&P Global Platts: China's steel market has grim prospects
The S&P Global Platts China Steel Sentiment, which measures the outlook for new steel orders for next month, fell 4.37 from 12.47 or 100...
China will introduce quotas for the supply of metals to the United States
US military firms may face Chinese restrictions on the supply of rare earths....
Voestalpine Cuts Dividend by One-Fifth Due to Slower Economic Growth
Problems in the metallurgical sector in Europe are growing: the largest metallurgical company in Austria announced a cut in dividends after falling...
Indian mills raised steel prices in June
India's major integrated steel mills raised their domestic list prices for most steel products in June, although buying interest remains weak....
China raises duties on American goods by $ 60 billion
In response to Washington's increased tariffs on Chinese goods, Beijing has taken similar action and increased tariffs on US products totaling...
ArcelorMittal prepares to further cut steel production in Europe
The largest steel company in the world notes the weakness of the European steel market and the worsening economic situation in the EU heavy...
Steel production in CIS countries in April 2019 decreased by 3.7 percent
According to the World Steel Association Worldsteel, steel smelting in the CIS in April 2019. amounted to 8.203 million tons....
Severstal believes that VTB Capital's forecast for the Russian market has become twice as high
Alexander Shevelev, General Director of the Russian metallurgical company PJSC Severstal, said that VTB Capital's forecast for metal...
China-US trade war crashes steel prices in Taiwan
The largest metallurgical company in Taiwan announced a forced decline in prices for steel and metal products amid falling demand in both the...
Indian steel: optimism amid election results
Traders and distributors have been stocking up this week in anticipation of price increases following the announcement of the election results....
Canada has promised to urgently ratify the USMCA agreement
The USA and Canada canceled mutual duties on steel and aluminum, which were introduced in the summer of 2018....
EU steel imports growth declines sharply in Q1 2019
The beginning of 2019 was marked not only by a significant reduction in the growth of imports of foreign steel, but also by significant changes in...
Brazil's only blast furnace shut down
The largest metallurgical company Arcelor Mittal has stopped operation of the only blast furnace in Brazil and is returning the leased equipment to...
German Thyssenkrupp will look for new partners in the metallurgical business
The largest metallurgical company in Germany has abandoned plans to create a joint venture with India's Tata Steel in favor of developing its...
ArcelorMittal announces significant drop in earnings due to low steel prices
ArcelorMittal, the world's largest steel company, said Thursday that its first-quarter net profit fell due to falling prices, while competition...
China's steel and iron ore weakening amid renewed trade tensions
Chinese steel and iron ore futures fell on Wednesday after hitting multi-week highs in the previous session as the market remains concerned about...
