Germany recorded the largest increase in steel production in November among the top 10 steel-producing countries, while India posted the largest...
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Iron ore price falls more than 15% in 2024
Beijing's stimulus measures since late September to boost its flagging economy have helped the ferrous metals market offset some losses...
Thyssenkrupp sells Spanish Galmed plant to Network Steel
Spanish Coil processing company Network Steel (NS) has acquired ThyssenKrupp's Galmed (FBA9) plant......
Metinvest focuses on Finland and Sweden as new markets
In steel production, the group managed to keep five blast furnaces in working order...
SSAB receives permission to renovate its Luleå plant
SSAB will decommission the current Luleå blast furnace production system...
EU exempts Vietnamese stainless steel manufacturer from countervailing duties
Duties previously levied on imports from Lam Khang are refundable...
ArcelorMittal raised hot rolled steel prices for EU consumers
Suppliers and the broader market expect import volumes to fall in the first quarter due to dumping cases against Egypt, Japan, India and Vietnam, as...
Analysts say Europe's steel industry is under threat
Steel market analysts surveyed by engineering firm MEPS believe Europe's steel industry is "under threat" following December...
Ukraine reduced consumption of rolled metal by 8% amid a sharp increase in imports
For 11 months of 2024, the capacity of the domestic market amounted to 3 million 254.2 thousand tons, of which 1 million 034.2 thousand tons, or...
Nippon-US Steel deal raises controversy with US Foreign Investment Commission
U CFIUS has until December 22 to make a decision on whether to approve, block or extend its review of the deal....
Nippon Steel makes final push to win over American workers
Deal with Nippon comes under scrutiny....
Norilsk Nickel's largest investor Interros objects to Rusal's dividend claim
"Rusal" first filed the lawsuit in 2022, alleging that Norilsk Nickel CEO Vladimir Potanin violated the shareholders' agreement....
Europe needs emergency trade measures and adjustment: Lakshmi Mittal
Fair trade takes on a new dimension when Europe is the only major market with carbon costs...
World's largest gold deposit discovered in China
Data shows the presence of 300 tons of gold at a depth of about 2000 meters and up to 700 tons at a depth of 3000 meters....
Liberty Steel officially went bankrupt in Dudelange
The Luxembourg Commercial Court declared bankruptcy of the Liberty Steel plant in Dudelange....
Steel sales in Germany rose 7.4% in October
The majority of sales (61.1%) were in the flat products category...
Celsa sells steel subsidiaries to Czech investor
Spain-headquartered long steel manufacturer Celsa has sold its UK and Scandinavian subsidiaries to Czech investment group Sev.en Global Investments...
China's export tariff rocks aluminum market
Long-term implications for the global aluminum supply chain...
EU steel producers ask to limit scrap exports
European steel association Eurofer continues to lobby the European Commission to limit scrap exports as the industry moves towards decarbonization....
Trump Team Moves to End Biden's Electric Vehicle Tax Cut
Tesla has historically been the largest beneficiary of consumer subsidies for electric vehicles passed by Biden and previous administrations...
Tibnor supplies SSAB Zero steel for shipbuilding in Norway
The Norwegian shipyard will be the first to use SSAB Zero steel for ship construction...
The EU has increased quotas for Turkish metal products
The EU has allocated additional volumes for the import of metal of Turkish origin...
Scrap volumes on the LME increased during the week; futures contracts in contango
Trading volumes in London Metal Exchange scrap futures contracts, which are calculated based on Platts valuations, rose over the week....
Australian MinRes will supply Onslow iron ore project with solar energy
The 3.8 MW solar array and more than 6,600 solar panels will displace approximately 95 TJ of natural gas annually, reducing carbon dioxide emissions...
China's recession will slow down steel market recovery in 2025
Rising demand in the EU and modest recovery in the US and Japan will put limited upward pressure on global steel prices in 2025....
Consumption of rolled metal for 9 months of 2024 in Ukraine decreased by almost 7%
For nine months of 2024, the capacity of the domestic rolled metal market of Ukraine amounted to 2.425 million tons, of which 927 thousand tons, or...
Global stainless steel production increased 6.3% year-on-year to 30.4 million tonnes in the first 6 months of 2024
Global stainless steel production in January-June of this year increased by 6.3% compared to the same period last year - to 30.370 million tons from...
China and the EU confirmed their intention to resolve the dispute over electric vehicles through dialogue
The parties also exchanged views on the investigations into the application of trade protection measures initiated by China in relation to certain...
