The reduction in stocks of rolling mills was partly due to the steady improvement in domestic demand for steel...
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Earthquake in Turkey will affect the global steel supply chain
The equipment of local manufacturers and metallurgists was used in the rescue work...
World Steel Association: Crude steel production down 3.3% in January 2023
Global steel production in 63 countries reporting to the World Steel Association (worldsteel) amounted to 145.3 million tons (Mt) in January 2023,...
British Steel will import coke
British Steel is expected to close its coke ovens at Scunthorpe with the loss of 300 jobs....
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...
World Bank president resigns
World Bank President David Malpass plans to step down in June, a year before his term expires...
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...
Renault and Nissan resume operations in India
USD 600 million investment to support six new models to be built in India, including two electric vehicles...
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...
Eurofer expects EU steel demand to fall 4.6% in 2022 and 1.6% in 2023
Some recovery in steel demand in the European Union is expected no earlier than 2024, subject to the end of the war in Ukraine and the alignment of...
EU Green Deal should encourage investment in mild steel projects: Eurofer
The Association of European Steel Producers estimated total operating costs at 53 billion euros, adding that mild steel needed a level playing field...
Belarusian steel plant to operate at full capacity from February
The closure of the European market for Belarus, according to the company's management, is a good incentive to search for markets within the country....
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....
Electric vehicles will play a key role in US aluminum production growth - Norsk Hydro
Norwegian company Hydro is currently building a 120,000 tpa aluminum extrusion plant in Cassopolis, Michigan, which could be operational by the end...
The former president of Motor Sich was accused of aiding terrorists
Prosecutors of the Office of the Prosecutor General of Ukraine informed the former president of Motor Sich PJSC of suspicion of assisting the DPR...
European stainless steel producers ready to raise prices
EU steel mills are aiming for higher prices despite a slow start to 2023. Demand for stainless steel in Europe in the first few weeks of the new year...
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...
Ukraine arrested Russian metallurgical assets
Today, the total value of the seized assets exceeds UAH 1 billion. Among those arrested are 12 land plots, a seaport complex, apartments,...
War in Ukraine to accelerate world economy transition to clean energy - BP
The Russian war in Ukraine is expected to put pressure on long-term energy demand and accelerate the world's transition to renewables and low-carbon...
ArcelorMittal invests $120m in US green steel company
On Friday, Massachusetts-based Boston Metal announced a $120 million investment from the world's second-largest steelmaker, ArcelorMittal. Another...
The United States refused to comply with the decision of the WTO on tariffs on steel and aluminum
Five members of the WTO — China, Norway, Switzerland, Turkey and Hong Kong — called it "insulting" the United States' decision to appeal...
China remains the world leader in shipbuilding with a 50% share of new shipyard orders
According to the results of 2022, the production volumes in the Chinese shipbuilding industry reached 37.86 million dwt or 47.3% of the total volume...
Prices for metal products in Ukraine increased by 26% last year
Due to the loss of part of the metallurgical production as a result of the Russian special military operation, the shortage of steel in Ukraine has...
