Moody 's revised outlook for Indian steelmakers to negative due to problems in the automotive industry and rising costs....
Ferrous metallurgy
Sort by:
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....
CISA: Steel prices are still stable, but may fall by the end of the year
Metallurgical enterprises in China must carefully analyze the situation with demand, deliberately control production and maintain a stable market,...
The new owner of British Steel will not "bother" with the number of staff
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...
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...
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....
