The reason for the significant decline in steel demand growth in Europe from almost 14% in 2021 to 3.2% in 2022 will be the continuation of covid...
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Steel prices expected to rise in Europe due to high costs - Platts
European steelmakers, distributors and traders expect further price increases in the near future, given a recovery in demand as construction projects...
In Europe, steel prices began to rise again due to a sharp rise in prices for raw materials and energy carriers
The expected stabilization of prices and seasonal decline did not happen against the backdrop of rapidly rising prices for iron ore and energy prices....
At the end of 2021, Ukraine managed to oust Italy in the ranking of world steel producers
According to the data of the World Steel Association, published on Tuesday evening, Ukraine has risen in the ranking of world steel producers from...
Contracts for the supply of steel to the automotive sector in Europe rose by 500 euros - MEPS
The European steel market began to gradually wake up after the New Year holidays in 2022. Because Epiphany was at the end of the first week of the...
Global steel demand may increase 2.2% in 2022 - WorldSteel
The largest steel sector, construction, remained more resilient in 2021 than most others, and experts expect this to continue in 2022....
Analysts predict sharp drop in US steel prices in 2022 - Platts
After 2021, when US hot rolled coil prices hit an all-time high, steel analysts expect 2022 to be a year of "aggressive price...
Exports of ferrous metals from Ukraine in 2021 increased by 6% to 19.63 million tons
In monetary terms, earnings from the export of ferrous metals increased by 81.4% to $ 14 billion....
Profits of Ukrainian and Russian steel plants will remain above average until 2023 - Fitch Ratings
The unprecedented excess of steel prices relative to production costs has led to a sharp increase in profits for steel companies in 2021, creating a...
British analysts downgrade forecast for global steel production in 2021
The main "brake" in the global steel industry is expected to be China, which seeks to limit steel production ahead of the Olympic Games....
Leading carmakers announce car price increases due to rising steel prices
The continuing rise in prices for base metals and rolled metal products of various metals and alloys forced the largest automakers to announce a...
US plans to fundamentally change the rules of international steel trade
Commerce Secretary Gina Raimondo and US Trade Representative Catherine Tai said they want to make the global steel trade dependent on the...
World steel production in October fell by almost 11%
October 2021 became significant in terms of steel production statistics, as this month, for the first time in history, China reduced steel...
The largest steel company in the world has reduced steel production due to weak demand
ArcelorMittal steel production in the third quarter fell 3% compared to the second quarter due to a 9% drop in demand for steel products....
Ukrainian metallurgists reminded Volodymyr Zelensky of American duties on steel
The metallurgical lobby of Ukraine called on President Volodymyr Zelenskyy to protect the interests of domestic industry in foreign markets,...
Steel and iron ore market collapsed in China
Chinese steel and iron ore prices are falling due to negative factors affecting futures and physical markets. Given that China is the largest player...
G20 agreed on climate change targets of no more than 1.5 degrees
Environmental protection is a key topic of the last day of the G20 summit. Heads of State discuss in Rome, among other things, the fight against...
Scarcity of computer chips halted the rally in steel prices
Metallurgical plants focused on the automotive industry are now forced to look for new customers, redirecting steel volumes to the common market....
Steel market capacity in Ukraine increased by 16% amid a decrease in imports of metal products
In January-September 2021, Ukrainian metallurgical enterprises produced 14.49 million tons of rolled metal, which is 5.6% more than in the same...
The shutdown of the UK metallurgical plants could bring down the pound sterling
British industrial enterprises will begin to close in a few weeks due to rising production costs in the hope of a further decline in energy prices....
ArcelorMittal requires customers to pay extra € 50 per tonne of steel due to rising electricity prices
The decision by Europe's largest steelmaker to introduce surcharges follows a similar move by British steel, which raised steel prices by £ 30...
European steel mills plan to raise steel prices in October
The cost of electricity for the production of rolled metal in the EU continues to grow, and metallurgists intend to shift the record high energy...
The metallurgical lobby and the people's deputies of Ukraine demand a moratorium on the export of scrap from Zelensky
Volodymyr Zelenskyy is asked to instruct the Cabinet of Ministers and the Ministry of Economy to take all measures to introduce a temporary ban on...
World iron ore prices are already below $ 100 per ton
The main factor behind the fall in prices for metallurgical raw materials was the steps of China, which buys about two-thirds of the world's...
Metinvest starts practical implementation of a billion dollar metallurgical project
The modern rolling complex in Mariupol will expand the product range of the Ilyich plant, which means it will increase the company's...
The growth of foreign exchange earnings to Ukraine from the export of ferrous metals amounted to 75% in 8 months of 2021
The largest consumers of Ukrainian steel and rolled metal products in January - August 2021 were Europe and Africa....
US Hot Rolled Coil Price To Exceed $ 2,000 - MEPS
An improved chip supply situation will lead to a significant increase in production at auto plants, which are the main consumer of hot rolled steel...
Global steel production up 3.3% on the back of a significant reduction in smelting in China
Steel production in China, according to the World Steel Association, in July 2021 decreased by 8.4% year-on-year....
Volvo buys world's first fossil-free steel
SSAB produced the world's first fossil-free steel and delivered it to the customer....
ArcelorMittal Raises Global Steel Consumption Forecast in 2021 up from 5.5% to 8.5%
The largest steel company in the world announced the best profit in 13 years and said that it will be even better, as all order books are filled for...
