Excess production capacity will continue to put downward pressure on global steel prices, despite tough U.S. import tariffs, protective trade...
News
Steel prices could fall sharply due to excess production capacity
A new rotary fence stacker for 480 million rubles was put into operation at the Lebedinsky GOK pelletizing plant.
A new rotary fence stacker for 480 million rubles was put into operation at the Lebedinsky GOK pelletizing plant....
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
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
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
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
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
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.
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 welcomed the US decision to keep tariffs on steel imports from the UK at 25%, but said....
Petrostal Metallurgical Plant is investing 2.5 billion rubles in the modernization of steel production facilities by 2030.
Petrostal Metallurgical Plant is investing 2.5 billion rubles in the modernization of steel production facilities by 2030....
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
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 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...
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
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
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....
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
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
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 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
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%
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
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
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 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
The demand for steel in France has halved over the past decade, which means that the ArcelorMittal plant in Dunkirk can...
Ural Steel has developed and launched production of rolled steel sheets made of new high-strength, wear-resistant steel
Ural Steel has developed and launched production of rolled steel sheets made of new high-strength, wear-resistant steel...

