British Steel is expected to close its coke ovens at Scunthorpe with the loss of 300 jobs....
Ferrous metallurgy
BlueScope Steel faces carbon issues
Australian steelmaker BlueScope Steel has warned that blast furnace relining at its 2.1mtpa Port Kembla steel mill may be subject to favorable...
Liberty Steel to help Hungarian producer Dunaferr
Liberty Steel proposes a series of steps to ensure business continuity for Dunaferr...
Tata Steel to merge 7 subsidiaries by FY24
Tata Steel will first work on merging these seven businesses before taking the lead in merging its other subsidiaries...
Turkish company Eti Krom suspends exports of ferrochromium and chromium ore
Exports of ferrochromium and chrome ore are suspended indefinitely due to logistical problems caused by the damage caused by the Turkish-Syrian...
Voestalpine plans to launch Kapfenberg plant in March
After long delays, the launch of the new special steel plant in Austria will take place by the end of March....
ArcelorMittal reports a two-thirds drop in profits for the year
Waiting on the next financial year are the growth in demand in the steel industry, as well as the positive dynamics of international prices....
The market assesses the consequences of the earthquake in Turkey
An international trader says long disruptions to exports from Turkey are expected...
Sanjeev Gupta's Liberty Steel Seemed as Potential Buyer of Aartee Bright Bar Assets
Major supplier to UK's third-largest steel producer forced to call administrators...
Tata Steel showed a steady increase in its revenues
The World Economic Forum has recognized Tata Steel as a beacon of global diversity and inclusion...
British Steel considers cutting up to 1,200 jobs at Scunthorpe
Unions see the move as a "betrayal" amid talks with the UK government over a potential £300m bailout....
World steel production in December 2022 collapsed by 10%
The largest drop in production at the end of 2022 was shown by the EU countries (27), which produced 9.2 million tons of steel, which is 16.7% less...
British scientists have found a way to cut CO2 emissions from steel production by 90%
Researchers at the University of Birmingham have developed an innovative method for existing furnaces that can reduce CO2 emissions from steel...
Steel production in China rose in the first decade of January
In the first 10 days of January 2023, 1.93 million tons of steel were smelted in China, which is half a percent more than in the first ten days of...
UK is ready to give 300 million pounds to save British Steel
Save our Steel: The UK government hopes this will convince the Chinese Jingye Corporation to stay in the UK business and continue to invest in the...
Zaporizhstal Metallurgical Plant mastered eight new types of products in 2022
During 2022, the Zaporizhstal metallurgical plant of the Metinvest group launched the production of eight new types of cold-rolled and hot-rolled...
British Steel seeks financial support from the government to continue work
The collapse of British Steel could cost the UK government up to £1bn...
Analysts confident of significant growth in global demand for galvanized steel
The global galvanized steel market is expected to grow by 86.6 million tonnes in 2022-2027, growing at a CAGR of 4.11% over the forecast period....
Misif Appeals Government Agencies Over Electricity Surcharge Decision
The steel industry is in dire need of competitive energy costs...
Australian billionaire reveals green steel plans
Andrew Forrest, CEO of Fortescue, aims to become a major producer of clean energy...
POSCO resumes production at typhoon-affected steel plant in Pohang
To minimize the impact of the typhoon on its business, POSCO increased production at its steel plant in Gwangyang, 423 kilometers southwest of Seoul,...
ArcelorMittal launches flagship carbon capture and recycling project in Belgium
The Ghent projects are an important part of ArcelorMittal's 2030 climate change roadmap, which aims to reduce the carbon intensity of its steel...
Analysts predict 5% annual growth in the iron casting market through 2030
The global market for iron and steel castings will increase to 2.5 trillion US dollars by 2030 with an annual growth of 5.5% - Spherical Insights...
Oman to build a new steel plant worth $3 billion in 3 years
The construction of the new steel plant is expected to be completed by 2026, after which it will produce five million metric tons of green steel per...
Metinvest enterprises in Ukraine resumed work after massive shelling of infrastructure
Although the electricity supply has since been partially restored, industrial producers use electricity from the grid within the available quotas,...
Ukraine reduced the export of semi-finished products from carbon steel by 70.3%
The main exports of ferrous metallurgy enterprises of Ukraine were to Italy (30.90% of supplies in monetary terms), Turkey (12.77%) and the Dominican...
China to halve ferroalloy production due to weak demand
Indian exporters of ferroalloys are preparing to take advantage of the reduction in production in China, which will receive additional opportunities...
ArcelorMittal invests $25 million in nuclear technology development
The investment can accelerate the world's zero-emissions transition and support the decarbonization of the steel industry, which is inextricably...
Zaporizhstal summed up the results of production in October 2022
Since April 2022, the plant has been operating at an average of 50% of its capacity due to the escalation of hostilities in the region....
European metallurgists failed to raise prices by reducing steel production
In early September, European steelmakers were pushing for massive price increases to protect profits from a sharp rise in energy prices. These...
