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Tata Steel closes sinter plant

Port Talbot ceases iron production...

European metallurgists really want to introduce taxes invented by Donald Trump

Multiple sources say EU steel producers are lobbying for emergency import restrictions as cheap imports continue to flood the market....

Chinese electric vehicle technology opens up opportunities for development - Hungarian minister

As M. Nagy emphasized, Europe must accelerate the green transition in the automotive industry, which will also help increase the competitiveness of...

POSCO will supply specialized steel for the European hyperloop

South Korean POSCO became the first company in the world to supply specialized steel for the European Hyperloop Center test site...

Tata Steel commissions India's largest blast furnace

Tata Steel's new Kalinganagar coking plant in the eastern Indian state of Odisha is unlikely to meet immediate demand for metallurgical coal given...

Metinvest has doubled exports from Black Sea ports and is looking for new opportunities in Europe

Operations in Ukraine are stabilizing, ports are working, and exports are doubling, company CEO Yuriy Ryzhenkov said in an interview with S&P...

Joe Biden hesitates to approve Japanese takeover of US Steel

Joe Biden could shape the future of US Steel with one of his final acts as President of the United States, postponing a decision on whether to block...

The United States may introduce protective import duties on galvanized steel

U.S. galvanized steel buyers are becoming increasingly wary of imports following a petition calling for trade remedies against 10 countries....

Network Steel is considering the possibility of acquiring the ThyssenKrupp Galmed plant

The German steelmaker closed the plant in November 2023 due to a significant deterioration in the European automotive market...

At least 38 people killed in Iran coal mine explosion

Miners gather on the street after a gas explosion at a coal mine in the Iranian province of South Khorasan...

Iron ore price hits lowest level in a year

The drop comes amid weak demand prospects in China and more resilient supply...

The court overturned the bankruptcy decision of Czestochowa after Liberty's appeal

Liberty Czestochowa has a production capacity of 700,000 tons of steel per year and 1.2 million tons of plate steel per year...

The Turkish company Borusan Pipe commissioned a service center in Romania

Turkish steel pipe manufacturer has made its second largest investment in Europe in Ploiesti in southern Romania....

The deadline for consideration of Nippon Steel's bid to acquire US Steel is September 23

Nippon Steel and US Steel make last-ditch bid to win US approval ahead of election...

Since the beginning of the year, the Pokrovskoye mine has produced 3.5 million tons of coking coal - Metinvest

According to Metinvest CEO Yuri Ryzhenkov, since the beginning of this year, more than 3.5 million tons of coal have been mined, and more than 8 km...

Chinese metallurgists expect an increase in demand for steel in the last quarter of this year

The largest metallurgical company in China believes that the market situation in the third quarter of this year is not in favor of metallurgists and...

Nippon Steel plans to invest more than a billion dollars in US Steel plants

The investment will be made after the completion of the acquisition of US Steel....

Rusal's profit in the first half of the year increased by 42%

Rusal managed to increase production of aluminum, alumina and other products, and supplies to China reached record levels....

Nippon Steel hopes to win over American union for $1.3 billion

The Japanese steelmaker plans to invest in the Mon Valley Works and Gary Works....

Global steel production in July 2024 decreased by 4.7% compared to the same period the previous year.

According to the World Steel Association, global steel production in July amounted to 152.8 million tons...

Iron ore price tops $100 after supply cuts in China

The outlook for China's steel sector remains highly uncertain due to the government's shift to new growth sectors...

SKF decarbonizes production using Austrian and Swiss steel

Steel is a critical raw material for bearings, and to achieve the necessary changes and speed in the decarbonization of bearing production...

Trump won't let Japan buy United States Steel

Trump again vowed to block the deal if voters return him to the White House...

Copper production in Peru fell by almost 12% in June

Peru is the world's third-largest copper producer, after recently losing second place to the Democratic Republic of Congo....

Türkiye determines dumping margins on imports of hot-rolled coils from China, Russia, India and Japan

The investigation was launched following a complaint from the Turkish Steel Association on behalf of Turkey's largest steel producers...

Giant Chinese investment will boost Hungary's steel industry

China Export and Credit Insurance Corporation (Sinosure) will support Liberty Dunaújváros' transition to low-emission technology at a cost of EUR 1.3...

Machinery orders in Germany fell by 12%

According to the industry association VDMA, orders for German engineering companies in the first half of 2024 decreased by 12%...

US Steel Kosice will shut down one blast furnace in August

Slovak steelmaker US Steel Kosice (USSK) plans to shut down one blast furnace (BF) in August for scheduled maintenance, a company spokesman told...

Porsche downgrades revenue forecast due to aluminum supply problems

The automaker will lose about two billion euros in revenue due to heavy rains in Germany and flooding of the production plant of an important...

Global steel production in June 2024 increased by half a percent to 161 million tons.

Steel production in 71 countries reporting data to the World Steel Association (Worldsteel) increased by 0.5% in June 2024 compared to the same...

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