Steel prices could fall sharply due to excess production capacity

Steel prices could fall sharply due to excess production capacity

Excess production capacity will continue to put downward pressure on global steel prices, despite tough U.S. import tariffs, protective trade...

Steel consumption in Ukraine increased by 5.9% in 2024, but did not return to the world ranking of leaders.

Steel consumption in Ukraine increased by 5.9% in 2024, but did not return to the world ranking of leaders.

In 2024, Ukraine increased its apparent steel consumption by 5.9% compared to 2023, to 3.6 million tons from 3.4 million tons. The consumption per...

HRC prices in Europe are declining as a result of recent deals

HRC prices in Europe are declining as a result of recent deals

During recent transactions, the prices of hot rolled coils in Europe continued to decline in line with expectations....

EU launches new import control tool to protect industry from information leakage from trade

EU launches new import control tool to protect industry from information leakage from trade

The European Commission has launched a new import control tool that will help protect EU markets from....

Romania's largest steel mill has resumed operations after a one-year hiatus

Romania's largest steel mill has resumed operations after a one-year hiatus

After almost a year of downtime, Romania's largest steel mill, LIBERTY Galaii, has resumed production by launching blast furnace No. 5. This is...

Railway scrap worth its weight in gold: UZ sold metal for 9 thousand UAH/ton

Railway scrap worth its weight in gold: UZ sold metal for 9 thousand UAH/ton

Ukrzaliznytsya JSC successfully held 7 auctions for the sale of ferrous scrap on the Prozorro site on June 5, 2025. Sales. The next step should be...

Steel company cuts have failed to support prices in Northern Europe

Steel company cuts have failed to support prices in Northern Europe

The reduction in production by metallurgists is not able to support selling prices in Northern Europe against the background of weak demand and...

A blast furnace is being resumed in Galac, and negotiations on a restructuring plan are continuing.

A blast furnace is being resumed in Galac, and negotiations on a restructuring plan are continuing.

Liberty Galati has resumed production of pig iron at blast furnace No. 5 after almost a year-long hiatus....

UK steel welcomes delay in the US and insists on a deal to reset tariffs

UK steel welcomes delay in the US and insists on a deal to reset tariffs

UK Steel welcomed the US decision to keep tariffs on steel imports from the UK at 25%, but said....

Marcegaglia expands digitization capabilities for quality control in Ravenna

Marcegaglia expands digitization capabilities for quality control in Ravenna

Marcegaglia strives to improve product quality by implementing an intelligent quality management system in its company....

Voestalpine strengthens international production base by investing in Brazil

Voestalpine strengthens international production base by investing in Brazil

The Austrian company voestalpine relies on local production in its various countries of operation....

Revenues of the mining industry in Ukraine increased by 28% to UAH 639 billion.

Revenues of the mining industry in Ukraine increased by 28% to UAH 639 billion.

Revenues of the mining industry of Ukraine in 2024 increased by 27.8% and amounted to UAH 639.4 billion, which is the highest figure since the...

Ural Steel has acquired a special electric locomotive for coke battery maintenance

Ural Steel has acquired a special electric locomotive for coke battery maintenance

Ural Steel has acquired a special electric locomotive for coke battery maintenance...

Prices for imported spare German fittings

Prices for imported spare German fittings

The stability of rebar prices in Germany, despite the reduction in scrap costs, is also not in danger....

European securities market is calm; sentiment is bearish

European securities market is calm; sentiment is bearish

On Tuesday, June 3, trading on the European hot-rolled coil market was suspended, with buyers in both markets....

Steel Escalation: Transatlantic trade on the brink of conflict

Steel Escalation: Transatlantic trade on the brink of conflict

The doubling of U. S. tariffs on steel imports will put enormous pressure on Europe's steel industry. This is stated in a statement by the...

MMK plans to gradually launch its "Mechanical Repair Complex" from July 2025.

MMK plans to gradually launch its "Mechanical Repair Complex" from July 2025.

MMK plans to gradually launch its "Mechanical Repair Complex" from July 2025....

A new 50% tariff on steel imports will lead to a resumption of price increases in the United States. 

A new 50% tariff on steel imports will lead to a resumption of price increases in the United States. 

President Donald Trump's doubling of steel import duties under Section 232 of the U. S. law, from 25% to 50%, is expected to resume the upward...

Getmantsev remembered the industry, he says the situation is difficult

Getmantsev remembered the industry, he says the situation is difficult

The situation in the Ukrainian industry remains difficult in the fourth year of Russia's full-scale invasion. In the first quarter, production...

Interpipe started supplying pipes for salt mines in Italy

Interpipe started supplying pipes for salt mines in Italy

The Ukrainian industrial company Interpipe continues to expand its presence in the European market, supplying pipe products that meet the highest...

European HRC prices declined slightly amid bearish sentiment

European HRC prices declined slightly amid bearish sentiment

European prices for hot-rolled steel remained virtually unchanged after the holiday holidays, while the mood remained the same....

ArcelorMittal France cuts production in anticipation of EU decarbonization measures

ArcelorMittal France cuts production in anticipation of EU decarbonization measures

Currently, ArcelorMittal France's production facilities are used by 60-70%, that is, by about 6.5-6.8%...

Trump raised duties on steel and aluminum in the United States to 50%

Trump raised duties on steel and aluminum in the United States to 50%

US President Donald Trump increased duties on steel and aluminum from 25% to 50%, fulfilling a promise to raise taxes on imports to the United States...

Ukraine and Georgia launch new logistics axis across the Black Sea

Ukraine and Georgia launch new logistics axis across the Black Sea

Belgorod-Dniester Seaport has signed a memorandum with APM Terminals Poti (a division of Maersk). "This is the first memorandum of the...

Green steel in Chinese: the steel industry is massively switching to ultra-low emissions

Green steel in Chinese: the steel industry is massively switching to ultra-low emissions

The Chinese Metallurgical Association (CISA) is confident that 80% of the country's steel production capacity will be upgraded with ultra-low...

The EU needs a "tough and smart" US response: V.</p><p>V. Stahl

The EU needs a "tough and smart" US response: V.</p><p>V. Stahl

The doubling of U. S. tariffs on steel imports announced by President Donald Trump marks a new level....

Declining demand and costly environmental policies have hit ArcelorMittal France

Declining demand and costly environmental policies have hit ArcelorMittal France

The demand for steel in France has halved over the past decade, which means that the ArcelorMittal plant in Dunkirk can...

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