This year, according to Worldsteel, demand for steel in the country will fall by 7%...
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WSA cuts global steel demand forecast for 2024
The forecast for steel demand in 2024 for most major economies, including China, has been significantly reduced...
Mexican aluminum scrap traders expect 'more aggressive buying in coming months' amid strong auto sector
Mexico's auto sector is enjoying a "good year." Aluminum premiums are higher than in the previous round of contracts. Expected labor...
Chinese economic stimulus measures lead to higher steel prices
The recent rise in steel prices in China has prompted steelmakers in other parts of the world to step up their own higher bids....
The World Steel Association forecasts that global steel demand will fall by a further 0.9% to 1,751 million tonnes this year.
There have been significant downward revisions to the 2024 steel demand outlook for most major economies, including China, reflecting continued...
European metallurgists really want to introduce taxes invented by Donald Trump
Multiple sources say EU steel producers are lobbying for emergency import restrictions as cheap imports continue to flood the market....
Chinese electric vehicle technology opens up opportunities for development - Hungarian minister
As M. Nagy emphasized, Europe must accelerate the green transition in the automotive industry, which will also help increase the competitiveness of...
POSCO will supply specialized steel for the European hyperloop
South Korean POSCO became the first company in the world to supply specialized steel for the European Hyperloop Center test site...
Tata Steel commissions India's largest blast furnace
Tata Steel's new Kalinganagar coking plant in the eastern Indian state of Odisha is unlikely to meet immediate demand for metallurgical coal...
Metinvest has doubled exports from Black Sea ports and is looking for new opportunities in Europe
Operations in Ukraine are stabilizing, ports are working, and exports are doubling, company CEO Yuriy Ryzhenkov said in an interview with S&P...
Joe Biden hesitates to approve Japanese takeover of US Steel
Joe Biden could shape the future of US Steel with one of his final acts as President of the United States, postponing a decision on whether to block...
The United States may introduce protective import duties on galvanized steel
U.S. galvanized steel buyers are becoming increasingly wary of imports following a petition calling for trade remedies against 10 countries....
Network Steel is considering the possibility of acquiring the ThyssenKrupp Galmed plant
The German steelmaker closed the plant in November 2023 due to a significant deterioration in the European automotive market...
At least 38 people killed in Iran coal mine explosion
Miners gather on the street after a gas explosion at a coal mine in the Iranian province of South Khorasan...
Iron ore price hits lowest level in a year
The drop comes amid weak demand prospects in China and more resilient supply...
The court overturned the bankruptcy decision of Czestochowa after Liberty's appeal
Liberty Czestochowa has a production capacity of 700,000 tons of steel per year and 1.2 million tons of plate steel per year...
The Turkish company Borusan Pipe commissioned a service center in Romania
Turkish steel pipe manufacturer has made its second largest investment in Europe in Ploiesti in southern Romania....
The deadline for consideration of Nippon Steel's bid to acquire US Steel is September 23
Nippon Steel and US Steel make last-ditch bid to win US approval ahead of election...
Since the beginning of the year, the Pokrovskoye mine has produced 3.5 million tons of coking coal - Metinvest
According to Metinvest CEO Yuri Ryzhenkov, since the beginning of this year, more than 3.5 million tons of coal have been mined, and more than 8 km...
Chinese metallurgists expect an increase in demand for steel in the last quarter of this year
The largest metallurgical company in China believes that the market situation in the third quarter of this year is not in favor of metallurgists and...
Nippon Steel plans to invest more than a billion dollars in US Steel plants
The investment will be made after the completion of the acquisition of US Steel....
Rusal's profit in the first half of the year increased by 42%
Rusal managed to increase production of aluminum, alumina and other products, and supplies to China reached record levels....
Nippon Steel hopes to win over American union for $1.3 billion
The Japanese steelmaker plans to invest in the Mon Valley Works and Gary Works....
Global steel production in July 2024 decreased by 4.7% compared to the same period the previous year.
According to the World Steel Association, global steel production in July amounted to 152.8 million tons...
Iron ore price tops $100 after supply cuts in China
The outlook for China's steel sector remains highly uncertain due to the government's shift to new growth sectors...
SKF decarbonizes production using Austrian and Swiss steel
Steel is a critical raw material for bearings, and to achieve the necessary changes and speed in the decarbonization of bearing production...
Trump won't let Japan buy United States Steel
Trump again vowed to block the deal if voters return him to the White House...
Copper production in Peru fell by almost 12% in June
Peru is the world's third-largest copper producer, after recently losing second place to the Democratic Republic of Congo....
Türkiye determines dumping margins on imports of hot-rolled coils from China, Russia, India and Japan
The investigation was launched following a complaint from the Turkish Steel Association on behalf of Turkey's largest steel producers...
