Former shareholders filed claims to invalidate the purchase of shares...
Ferrous metallurgy
Steelmakers are exploring the use of hydrogen for energy-intensive processes
Steelmakers are looking to reduce the use of highly polluted coking coal as an ingredient in making steel from iron ore and switch to cleaner energy...
Turkey in January-July increased imports of pig iron by 46.7%, tripling purchases in Russia
Supplies of pig iron from Russia to Turkey increased by 198.1% over seven months, reaching 589 thousand tons....
IREPAS: The global long products market is in a "dramatic situation"
Manufacturers around the world suffer from limited market access and high levels of competition, especially from Russia, which is extremely flexible...
ThyssenKrupp invests 2 billion euros in the construction of Europe's largest DRI plant
The board of directors of Germany's largest steel producer has decided to build Europe's largest direct reduced steel plant....
ArcelorMittal raises European steel prices on rising energy prices
The largest steel producer in the European Union was one of the last metallurgists to announce an expected increase in steel prices due to soaring...
EU steel consumption hits third recession in four years: Eurofer
Steel demand in the EU is projected to decline by 1.7% in fiscal year 2022. In 2023, production will accelerate only moderately, by 2.2%, due to the...
Danieli announced the massive transition of Chinese metallurgists to electric arc furnaces
Chinese steelmakers have ordered eight new EAF units from Danieli. They all chose the original horizontal continuous scrap loading system, which...
Export earnings of Ukraine from trade in semi-finished steel decreased by 60%
In physical terms, Ukrainian exports of semi-finished products from carbon steel decreased by 64% compared to the same period last year - to 1.5...
POSCO Expands Collaboration with Global Iron Ore Supplier Vale on Mild Steel Raw Materials
The South Korean steel giant is strengthening cooperative relationships with global raw material suppliers to strengthen its global competitiveness...
British metallurgists raise steel prices again due to rising energy prices
Despite the market's downward trend in steel prices, British Steel has once again raised prices for some rolled products as rising energy costs...
Voestalpine invests 100 million euros in the reconstruction of the hot-dip galvanizing lines in Linz
The metallurgical company plans to expand the range of high-strength galvanized steels by increasing the size of the strip and reducing the thickness...
China reduced steel exports in July by one million tons or 12%
In seven months of 2022, China exported 40.073 million tons of steel, which is 6.9% less than in the same period last year....
ArcelorMittal expects real steel demand in Europe to be 'at least stable'
Europe's steel demand may even pick up once the seasonal market lull ends, Genuino Cristino, chief financial officer of the EU's largest...
ArcelorMittal's profit beat expectations
However, the manufacturer notes the risks associated with spiral inflation, the war in Ukraine and China's restrictions due to COVID-19....
Chinese steel mills to suspend several production lines in August
S&P Global Commodity Insights survey of 18 large steel plants in different regions of the country showed the reasons reduction in steel output...
India's JISPL extends blast furnace maintenance indefinitely
Indian metallurgists may have decided to cut steel production after domestic demand weakened and the government imposed export duties on the export...
Marcegaglia acquires Outokumpu Long Products
Marcegaglia will enter the steel industry after the deal with Outokumpu...
Steel production in China declines in July, but this does not affect the large supply surplus
As of July 10, stocks of finished steel at smelters controlled by the China Iron and Steel Association were up 28.4% year-on-year at 18.05 million...
UK Steel urges government to provide political conditions for decarbonization
EAF requires three times more electricity to produce the same volume of steel as a blast furnace...
Liberty Steel invests record €350 million in Czech steel plant
The biggest investment since the commissioning of the Ostrava plant is to switch steel production to electricity, which will reduce CO2 emissions and...
Turkey imposes anti-dumping duties on steel from Europe and South Korea
The new fees follow an investigation into trade between October 2019 and September 2020, when imports of flat products totaled $2.05 billion....
Steel prices fall due to weakening European demand and problems in China
New cases of coronavirus in China and falling iron ore prices amid "nearly zero" demand for steel beams in Europe are putting pressure on...
Swedish court authorizes construction of steel mill for the first time in 50 years
A court in Sweden has allowed H2 Green Steel to start building a hydrogen-powered, coal-free steel plant in northern Sweden, the first steel complex...
Zaporizhstal: production results in June 2022
A month after the forced shutdown in early March, the Zaporizhstal plant removed the equipment from mothballing and partially resumed production....
Price volatility hits global steel market
A unique set of economic and political circumstances have contributed to extreme price volatility in recent years. It is generally accepted that a...
Recovery in China could be key to rising global steel prices - MEPS
In June, the trajectory of the decline in world steel prices continued, both for flat and long products. Most steel producers around the world will...
Ferroalloy enterprises of Ukraine in total reduced output by 24.9%
In January-May 2022, the production of silicomanganese in Ukraine decreased by 9.3% - to 235.13 thousand tons, ferromanganese - by 73.7% - to 17.02...
