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...
Ferrous metallurgy
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....
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...
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,...
Indian government predicts production of 128.6 million tons in 2021
Indian crude steel production in 2018-1919 was 106.56 Mt, up 3.3 percent from 103.13 Mt in 2017-18...
POSCO and Hyundai Steel to lose up to 30 percent in profits due to higher ore prices
Rising iron ore prices amid declining supplies and market resistance to higher steel prices have a negative impact on the profitability of South...
Latin American steel production declines slowly
Brazil was the largest steel producer in the region during the first five months of 2019, with production of 14.0 million tonnes, representing 54...
India's annual steel consumption approaches 100 million tonnes
Government investments in infrastructure in India have significantly increased domestic steel consumption in the country. However, the cream of this...
How will steel markets develop in 2020?
Global events continued to influence the price dynamics of the steel industry in 2019. Turbulence and uncertainty reign here, so specialists are...
PMI of the steel sector in China fell to 48.2 points
Heavy rains in southern China, coupled with hot weather in the north, have reduced demand for steel, and environmental restrictions have affected...
EUROFER: problems threaten to erase the EU steel industry
The European steel industry faces growing imports and high environmental costs....
Increased demand for steel in India is possible subject to government incentives
Steel demand in India is projected to grow 6-7% year-on-year in fiscal 2019-20, which began on April 1, despite declining sales due to banks'...
