The East Asian steel industry hopes that China's economic stimulus measures and U.S. import duties can revive the market after a slow recovery...
Ferrous metallurgy
World production steel in January 2025 decreased in annual calculus
The production of steel in 69 countries that provided the World Steel Management Association (WorldSteel), in January 2025 amounted to 151.4 million...
New obstacles to the Ukrainian steel industry
Fastmarkets describes the main problems that Ukrainian and global steel products are currently faced with...
Arcelormittal stops steel production at the Romanian factory
In HUNDARAR, due to the high cost of electricity, ArcelorMittal suspended production at its steel factory...
Trump will introduce 25% of duties on steel and aluminum
New duties will be introduced over already existing duties for metals....
The Belarusian Metzavod fulfilled all its export obligations in 2024 despite sanctions
The influence of external factors of BMZ is not amenable. Good competencies, qualified personnel and a correctly built technological process allow...
Ukrainian steelmits expect a serious shortage of scrap metal in 2025
Since August 2024, the remains of scrap metal at metallurgical plants of metinvest do not exceed the volume required by 3-4 days of work. This year,...
The design for the decarbonization at the Hydnum plant in Spain is recognized as one of the best
The Spanish company Hydnum Steel (HS) and its CEO of Eva Marneiro gained recognition of the World Economic Forum...
China's iron ore imports reach record levels in 2024
Demand for key steelmaking ingredient driven by robust growth in steel exports...
Jindal Steel acquires Czech company Vítkovice Steel
Indian Jindal Steel International acquired 100% of the shares of a Czech producer of plates...
Nippon Steel President Says Suing US Government Is an Option
The proposed deal has still not been canceled by the companies even after Biden blocked it....
Top ten steel producing countries according to Worldsteel
Germany recorded the largest increase in steel production in November among the top 10 steel-producing countries, while India posted the largest...
Thyssenkrupp sells Spanish Galmed plant to Network Steel
Spanish Coil processing company Network Steel (NS) has acquired ThyssenKrupp's Galmed (FBA9) plant......
SSAB receives permission to renovate its Luleå plant
SSAB will decommission the current Luleå blast furnace production system...
EU exempts Vietnamese stainless steel manufacturer from countervailing duties
Duties previously levied on imports from Lam Khang are refundable...
ArcelorMittal raised hot rolled steel prices for EU consumers
Suppliers and the broader market expect import volumes to fall in the first quarter due to dumping cases against Egypt, Japan, India and Vietnam, as...
Nippon-US Steel deal raises controversy with US Foreign Investment Commission
U CFIUS has until December 22 to make a decision on whether to approve, block or extend its review of the deal....
Nippon Steel makes final push to win over American workers
Deal with Nippon comes under scrutiny....
Europe needs emergency trade measures and adjustment: Lakshmi Mittal
Fair trade takes on a new dimension when Europe is the only major market with carbon costs...
Liberty Steel officially went bankrupt in Dudelange
The Luxembourg Commercial Court declared bankruptcy of the Liberty Steel plant in Dudelange....
Celsa sells steel subsidiaries to Czech investor
Spain-headquartered long steel manufacturer Celsa has sold its UK and Scandinavian subsidiaries to Czech investment group Sev.en Global Investments...
The EU has increased quotas for Turkish metal products
The EU has allocated additional volumes for the import of metal of Turkish origin...
Scrap volumes on the LME increased during the week; futures contracts in contango
Trading volumes in London Metal Exchange scrap futures contracts, which are calculated based on Platts valuations, rose over the week....
Global stainless steel production increased 6.3% year-on-year to 30.4 million tonnes in the first 6 months of 2024
Global stainless steel production in January-June of this year increased by 6.3% compared to the same period last year - to 30.370 million tons from...
Ukrainian metallurgists increased the export of steel billets and slabs by more than one and a half times
According to statistics, ferrous metals for January-September 2024 accounted for 7.78% of the total revenues from Ukrainian exports of goods versus...
WSA cuts global steel demand forecast for 2024
The forecast for steel demand in 2024 for most major economies, including China, has been significantly reduced...
The World Steel Association forecasts that global steel demand will fall by a further 0.9% to 1,751 million tonnes this year.
There have been significant downward revisions to the 2024 steel demand outlook for most major economies, including China, reflecting continued...
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...
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...
