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....
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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...
European and Turkish metallurgists curtail steel production amid weak demand
Steel and rolling mills in the region are cutting production, and traders who stocked their warehouses with metal this spring are struggling to sell...
Austrian voestalpine delivers first partially decarbonized steel to customers
About 70% of the electricity used in steel production in Linz is generated by the use of gases, which are a by-product of the production process. The...
Metinvest reduced the use of its capacities by more than 40% due to the war in Ukraine
The decrease in production volumes led to significant changes in the structure of the steel product portfolio and the direction of sales - they were...
TMK will develop the production of special steels
TMK has one of the most modern production facilities in the world and a wide product portfolio, which creates the basis for a constructive dialogue...
Salzgitter and LKAB have formed a partnership to decarbonize the steel industry
Within its SALCOS project, Salzgitter is working with partners from the steel industry and research institutes to achieve carbon-neutral steel...
Metinvest predicts a drop in steel production in Ukraine to 6.5 million tons this year
In the event of a protracted war, Ukrainian steel production will drop to 6.5 million tons this year, and if Ukraine wins the war with Russia, this...
European steel prices are directly dependent on Russian gas prices - MetalMiner
EU metallurgists continue to rely on natural gas as the currently uncontested fuel for pig iron production in blast furnaces, as well as for steel...
India raises export duty on iron ore and iron and steel products
The Government of India has taken measures to support domestic steel production by limiting the export of metallurgical raw materials and removing...
Uralvagonzavod is interested in the metal products of the Alchevsk metkobinat
The Mayor of Nizhny Tagil, who is visiting Lugansk these days, did not rule out that LPR enterprises would also be able to interact with the Ural...
Metallurgical plant "Zaporizhstal" has mastered the production of a new type of cold-rolled steel
Zaporozhye metallurgists have begun production of cold-rolled coil with dimensions of 1.5-2.0x1370-1500 mm with a double weight and without a welded...
Germany to build a “reference rolling mill” using Danieli technologies
The new rolling mill in Riesa will use only induction heating for zero direct CO2 emissions, and a new generation of built-in welding machine will...
Metinvest to carry out planned repairs at Italian rolling mills two months earlier
Metinvest, an international vertically integrated group of mining and metals companies, has decided to postpone scheduled repairs at the Group's...
Iran boosts direct reduced iron exports by 25% to 1 million tons
One of the most important reasons for the increase in the production of sponge iron in Iran is the creation of new factories. In recent years, thanks...
