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Russian factories reduce steel production

The largest Russian steel mills simultaneously announced a reduction in steel production in the third quarter due to planned equipment repairs....

10th Steelie Prize Winners Announced by World Steel Association

The World Steel Association has announced the winners of the annual Steelie Awards in 7 nominations....

Proceeds from the export of ferrous metallurgy products from Ukraine decreased by 10 percent

In the nine months since the beginning of 2019, the value of Ukrainian exports of metallurgical products and metal products decreased by 10.4% to $...

NLMK: quotations of slabs on FOB Black Sea basis decreased by 21%

NLMK Group announced a decrease in steel production and a drop in sales in the third quarter....

The American market became impossible to predict due to political uncertainty

Nucor CEO John Ferriola believes next year will be a "bad year" for the American metals industry due to the presidential election....

Pre-tax profit of Egyptian Ezz Steel fell 81%

Egypt's largest steel company has been hit by falling steel prices and rising ore prices....

Trump punishes Turkey for attack on Syria with 50% steel duties

US President Donald Trump said Monday that as a result of the country's military action in Northeast Syria, he will double tariffs on Turkish...

Worldsteel: steel consumption worldwide, excluding China, will grow by only 0.2%

The World Steel Association predicts a record low growth in global steel consumption in 2019....

Zaporizhzhya Dneprospetsstal increased production

The plant noted the rhythmic work of the departments and the fulfillment of the production plan by one of them by 120%....

Steel production collapsed in Ukraine

Steel production in September at metallurgical plants in Ukraine amounted to 1.745 million tons....

Tata Steel reports drop in sales in India

Tata Steel reported that overall economic activity in India has weakened further in the third quarter....

British metallurgists demand cheap electricity

Or at least for the same price as in continental Europe....

US Steel acquires the most high-tech US steelmaker

US Steel buys a minority stake in Big River Steel in Arkansas for $ 700 million....

A Saudi Arabian company to build a metallurgical complex in Oman

Construction of a new complex project for the metallurgical industry, which will create about 500 jobs, will begin in the first quarter of 2020....

European steel prices fail to recover from summer break

Despite the cutbacks in production at large factories, customers do not experience significant supply constraints, although delivery times have...

Iranian Steel Exports Increase 37% YoY

Iran aims to become the seventh largest steel producer in the world by 2025, targeting a total annual steel production of 55 million tonnes....

Turkey's metallurgical industry prepares for new losses

Turkey has exhausted the annual quota for the supply of long rolled products to the EU and may lose the export of this type of rolled metal to...

Nippon Steel Suspends Typhoon Damaged Melting Furnace at Kimitsu Plant

Japan's largest iron and steel company was hit by typhoon Faxai, which hit the islands on Monday morning....

ILVA will continue to work

The largest metallurgical plant in Europe was on the verge of closing after the entry into force of the updated version of the Italian Environmental...

Registration for the SteelChallenge-14 championship is open

The SteelChallenge-14 Regional Championship will take place online on November 27, 2019....

Eurasian Commission launched an investigation into the supply of Chinese spring steel

Russian metallurgists have initiated an investigation against Chinese manufacturers when supplying leaf springs to the EAEU, complaining about...

Rising raw material prices are eating up profits for Chinese steel producers

Chinese steel mills reported lower profits in the first seven months of this year due to higher raw material prices....

The steel market in the US was called "problem "

American steelworkers' optimism is dwindling due to low demand and increasing contradictions in global markets....

Coated Steel Prices In India Continue To Fall Due To Liquidity Crisis

Moody 's revised outlook for Indian steelmakers to negative due to problems in the automotive industry and rising costs....

Moody's: Profitability of Asian steel producers will decrease by 15 percent

Weak end-user demand for steel and rising raw material costs cloud the outlook for the metals industry in Asia....

Economic downturn: steel consumption in India will be the lowest in three years

Economists, financial leaders, industry leaders and Indian media question the effectiveness of government measures to stimulate domestic demand in...

Iran increases production of rolled steel by 8 percent

Slabs and billets accounted for more than half of the rolled metal produced in Iran during the first four months of the current Iranian calendar...

China's steel capacity to peak at 1.2 billion tonnes in 2019

Expansion of steel production capacity in China will peak in 2019, after which it is planned to decline....

China Steel Corporation has reached the limit of its ability to absorb rising costs

However, given the market situation, Taiwan's largest metallurgical company raised prices for only two types of rolled metal - galvanized steel...

Steel consumption growth in India slows down

The growth in demand for steel was not supported by the car manufacturers in India, and economic factors also played a negative role....

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