Miners gather on the street after a gas explosion at a coal mine in the Iranian province of South Khorasan...
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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...
Giant Chinese investment will boost Hungary's steel industry
China Export and Credit Insurance Corporation (Sinosure) will support Liberty Dunaújváros' transition to low-emission technology at a cost of EUR 1.3...
Machinery orders in Germany fell by 12%
According to the industry association VDMA, orders for German engineering companies in the first half of 2024 decreased by 12%...
US Steel Kosice will shut down one blast furnace in August
Slovak steelmaker US Steel Kosice (USSK) plans to shut down one blast furnace (BF) in August for scheduled maintenance, a company spokesman told...
Porsche downgrades revenue forecast due to aluminum supply problems
The automaker will lose about two billion euros in revenue due to heavy rains in Germany and flooding of the production plant of an important...
Global steel production in June 2024 increased by half a percent to 161 million tons.
Steel production in 71 countries reporting data to the World Steel Association (Worldsteel) increased by 0.5% in June 2024 compared to the same...
POSCO reduced steel production while increasing operating profit
South Korean steelmaker Posco reported lower crude steel production and sales in the second quarter due to a blast furnace refurbishment in Pohang,...
Thermal coal exports from Russia to South Korea are ahead of supplies from Colombia
In July, Russian thermal coal exports to South Korea exceeded supplies from Colombia for the first time in two months, as high transport costs and...
Contract prices for steel fell in the Czech Republic
Flat-rolled steel producers in Central Europe were forced to make price concessions during recent contract negotiations with Czech buyers for the...
Severstal is testing the capabilities of robotic dogs in production
The possibility of using a robot dog for delivering samples and monitoring the environment was explored at CherMK’s coke-sintering blast furnace...
The Ukrainian rolled metal market grew by 7.7%
For six months of 2024 in Ukraine, the capacity of the domestic market amounted to 1 million 736.4 thousand tons of rolled metal, of which 592.4...
EUROFER calls von der Leyen's re-election as head of the European Commission a time for pragmatic implementation of the Clean Industrial Agreement
Just as the European Coal and Steel Community brought peace and made the European dream a reality more than 70 years ago, today the implementation of...
Fitch confirmed Metinvest's speculative credit rating
The recovery analysis assumes that Metinvest would be considered a going concern in the event of bankruptcy and that in such case it would be...
US integrated steelmaker Cleveland-Cliffs to acquire Canadian integrated steelmaker Stelco
In its press release, Cliffs stated that the acquisition of Stelco will double Cliffs' presence in the flat-rolled spot market...
The dynamics of steel trade between the US and Mexico will not change in the near future: SDI
SDI does not expect changes in trade dynamics in the near term, despite strong prospects for long-term steel demand from Mexico, according to...
