The largest metallurgical company Arcelor Mittal has stopped operation of the only blast furnace in Brazil and is returning the leased equipment to...
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US President Imposes New Sanctions Against Iranian Steel Industry
The new restrictive measures provide for the blocking in the United States of the assets of persons related to the metallurgical production in Iran....
ArcelorMittal announces significant drop in earnings due to low steel prices
ArcelorMittal, the world's largest steel company, said Thursday that its first-quarter net profit fell due to falling prices, while competition...
Steel production declines in India
Steel production in India fell about 0.3 percent to 27.33 million tonnes in the first quarter of calendar 2019, according to data from the World...
India becomes a net steel importer again
Growth in domestic steel consumption in India is expected to slow but remain above 7 percent....
China Iron and Steel Institute warns of difficult times for metallurgists
CISA predicts lower demand for iron and steel in China due to structural changes in the world's second largest economy, and insists that the...
Worldsteel announced 2019 Sustainable Development Leaders
The World Steel Association announced the 2018 sustainability leaders among steel companies in the world on Tuesday....
Steel exchange prices in China are close to historic highs
Shanghai steel futures in China rose to a 7.5-year high on Monday, supported by strong demand and expectations that the government will strengthen...
Bekaert cuts over 200 jobs in Belgium
Belgian steel wire maker NV Bekaert said Thursday that it intends to close its steel fiber plant in Belgium, cutting 281 jobs as part of a...
Ferroalloys market has great prospects
The rapid pace of industrialization and the growing consumption of steel in infrastructure projects create conditions for the rapid growth of sales...
Indian metallurgists move to 100% quality control of steel
Indian metallurgists are going to implement one hundred percent quality control of their products....
Chinese metallurgists hope to save on iron ore
Celestial steel mills delay replenishment of iron ore, considering cheaper alternatives...
Chinese steel mills face layoffs
China's steel mills miscalculated in their efforts to increase capacity. The demand for metal in this country has significantly decreased due...
World steel production slightly increased in January 2019
Global steel production in January 2019 showed a modest 1 percent increase over the previous year. According to the World Steel Association...
Swiss trader IMR buys steel mill in India
The Swiss commodity trading group IMR Metallurgical Resources AG recently bought the Tata Steel mines in South Africa and is now planning to acquire...
China Steel Corporation in Kaohsiung Adopts Advanced Rolled Steel Production System
China Steel Corporation in Kaohsiung has started production of S6 continuous steel with new technology using a plant modernized by Primetals...
China's steel industry profit surges 40 percent
Rising steel prices and strong production growth have allowed Chinese steelmakers to post record profitability in 2018....
EU launches anti-dumping investigation into Chinese imports of steel wheels
The European Commission has launched an investigation into whether Chinese manufacturers are dumping steel rims to Europe at prohibitively low...
Feralpi Group modernizes hot rolling line
The new EBROS hot billet welding technology will allow the Feralpi Group to increase productivity....
Zaporizhstal reduced the production of iron and steel
In January, the metallurgical plant Zaporizhstal of the Netherlands mining and metallurgical holding Metinvest B.V. reduced the production of iron...
World steel production in 2018 increased by 4.6%
World crude steel production in 2018 reached 1 billion 808.6 million tons, an increase of 4.6% compared to 2017. Steel production increased in all...
India increases production of finished rolled steel
At the same time, India continues to be an importer of finished steel, although its foreign purchases during this period decreased by 3.1 percent...
Rio Tinto predicts lowest iron ore production in 2019
Due to lower shipments in the fourth quarter, Rio produced 86.6 million tonnes of iron ore, down one percent from a year earlier....
