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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 $ 60...

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 consumption,...

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 from...

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...

USA: Winners and Losers in Trump's Trade War with China

President Trump's trade war with China has sparked global retaliation, and the rise in protectionism that has followed has had a significant impact...

MEPS predicts new record for stainless steel production

British analysts predict that global stainless steel production will rise to nearly 53 million tonnes this year....

Rusal: global demand for aluminum will grow by 3 percent

One of the world's largest aluminum producers, the Russian company Rusal, analyzed the state of the aluminum market in the first quarter and made a...

China Iron and Steel Institute warns of difficult times for metallurgists

CISA predicts lower demand for iron and steel in China due to structural changes in the world's second largest economy, and insists that the...

Indian Railways expect steel demand to skyrocket

State monopoly Indian Railways expects its demand for steel rails to grow by more than 38% in April 2019 - March 2020...

Worldsteel announced 2019 Sustainable Development Leaders

The World Steel Association announced the 2018 sustainability leaders among steel companies in the world on Tuesday....

Steel exchange prices in China are close to historic highs

Shanghai steel futures in China rose to a 7.5-year high on Monday, supported by strong demand and expectations that the government will strengthen...

Nickel supply interruptions expected in China

Concerned about nickel supplies, Chinese battery manufacturer BYD welcomes discussions on joint ventures....

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