Ataer Holding, which signed an exclusive agreement to buy British steel company, which went bankrupt in May this year, could cut hundreds of jobs in...
Ferrous metallurgy
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US Department of Commerce accuses China of transit of its stainless steel through five countries
The US Department of Commerce will investigate supplies of anti-corrosion steels from Costa Rica, Guatemala, Malaysia, South Africa and the United...
UK Steel publishes its government requirements in a mini-manifesto
Metallurgists have put forward a number of requirements for Boris Johnson to breathe new life into the industry....
Tata Steel cuts capex by almost 30% due to lower demand
Tata Steel is revising its capital expenditures (investments) for 2019-2020, taking into account the prevailing market conditions and lower cash...
ArcelorMittal Kryvyi Rih promises investments to reduce atmospheric emissions
ArcelorMittal Kryvyi Rih will continue the global modernization of the enterprise - in the next five years, investments will amount to more than $...
British Steel lenders insist on plant closure
The main contender for the purchase of the bankrupt British Steel remains the Turkish company Erdemir, which carefully conceals its interest....
China's steel manufacturing PMI declines in July
Chinese industry experts believe that falling demand for steel in China will recover in the third quarter, but prices for rolled steel will remain...
Outokumpu Warns of Falling Income Due to Soaring Imports from Asia
Europe's largest stainless steel producer demands decisive measures from the European Commission to reduce steel supplies from Asia....
ArcelorMittal slashes global steel consumption growth forecast
The world's largest steelmaker on Thursday revised its forecast for global steel demand, and now Europe is expected to see a sharper decline in...
CDP: steel industry will not be able to reduce CO2 emissions
Steel corporations are unable to cut emissions at the rate necessary to keep global warming below 2 degrees Celsius, so we are doomed to cataclysms...
China's steel sector profits shrink inexorably
Weak demand for steel in the middle of summer is a common phenomenon in the Chinese economy, but today metallurgists are under pressure from...
Maharashtra State Government Announces Construction of NLMK Plant in India
The Russian NLMK Group received a plot in Aurangabad (Delhi-Mumbai Industrial Corridor) in Shendra or Bidkin for the construction of a new...
Chinese officials blame small steel mills for poor ecology
According to the representatives of the China Iron and Steel Association, small iron and steel works, which are in private hands, spoil the air and...
Vietnam increases steel and pig iron exports to Asian countries in the first half of the year
Vietnam's overseas sales are up more than 20 percent in the six months since the beginning of the year....
Russia is trying to monopolize the ferromanganese market
The Federal Antimonopoly Service of the Russian Federation will make a decision on the merger of the assets of the Satka Iron Smelting Plant and the...
Tata Steel plans to increase steel production to 30 million tons by 2025
The largest private metallurgical company in India is striving for complete independence from the supply of iron ore and is actively modernizing its...
Director of a steel plant arrested in Tangshan for smelting pig iron
The director of the Tangyin Steel Works in Tangshan, Hebei Province, was arrested for failing to comply with the government's emission reduction...
Falling Auto Demand in India Affects the Steel Industry
The Indian auto industry is increasingly plunging into a crisis, many manufacturers are suspending the production of new cars, and dealers are...
Ferrochromium prices fall as global stainless steel production declines
Ferrochromium prices in all regions have fallen to their lowest in the past two years due to falling demand amid a decline in stainless steel...
Hebei Iron and Steel will build a plant in the Russian Far East
Chinese investors have chosen the site for the construction of a new metallurgical plant in the Primorsky Territory of the Russian Federation....
Liberty Steel cuts steel production in the Czech Republic by 20 percent
The British company Liberty Steel, having bought a steel complex in Ostrava, Czech Republic, from ArcelorMittal a couple of weeks ago, announced a...
China's steel production remains at a record high
Average daily steel production in China in June was about 2.92 million tons, up from 2.87 million tons in May....
China plans to tighten emissions controls at steel mills
New measures by Chinese officials could affect more than 60 percent of the world's largest steelmaker's steel capacity....
India intends to increase investment in the processing of ferrous scrap
Ferrous scrap is used as a raw material for steel production in electric arc and induction furnaces, which account for about 35-40 percent of total...
Protectionism fails to balance the steel market
The steel market can be characterized as generally unstable, since there is still a lot of uncertainty, and any event that is insignificant in a...
IDRO Signs Memorandum of Understanding to Increase Steel Production in Iran
Iranian steel production in 2018 was about 25 million tons and will grow to 45 million tons by 2022....
American companies raised prices for the second time in a month
The largest steel producers in the United States announced a new increase in steel prices amid significant resistance in the market....
ArcelorMittal in South Africa plans to cut 2,000 jobs
The South African division of the world's largest steel company, ArcelorMittal, predicts a sharp drop in revenues in the first half of the year and...
In both India and China, the steel industry is growing thanks to government support
Government stimulation of economic growth provides significant support to metallurgists in India and China....
China's Hebei province decides to expedite the elimination of steel facilities
Earlier in Hebei, it was planned to abandon the production of steel with a capacity of 14 million tons, coal with a capacity of 10 million tons,...
