27/ 10/ 2024

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 38.23%, were imported.

27/ 10/ 2024

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 28.573 million tons, while stainless steel production increased in all major regions of the world.

17/ 10/ 2024

Ukrainian metallurgists increased the export of steel billets and slabs by more than one and a half times

According to statistics, ferrous metals for January-September 2024 accounted for 7.78% of the total revenues from Ukrainian exports of goods versus 7.66% for January-September ...

17/ 10/ 2024

A unique three-story mine cage was manufactured at the Dnieper Metallurgical Plant

At the Dnieper Metallurgical Plant, for the first time in the history of the enterprise, a mine cage was manufactured. In the near future it will be shipped to the Sukhaya Balka ...

17/ 10/ 2024

Nippon Steel agreed to sell its stake in Calvert to ArcelorMittal for one dollar

ArcelorMittal is one of the world's leading integrated steel and mining companies, with a presence in 60 countries and major steel operations in 15 countries. It is the largest steel producer in Europe and one of the largest in ...

17/ 10/ 2024

German steel demand will not recover in 2024 – WV Stahl

This year, according to Worldsteel, demand for steel in the country will fall by ...

16/ 10/ 2024

WSA cuts global steel demand forecast for 2024

The forecast for steel demand in 2024 for most major economies, including China, has been significantly ...

14/ 10/ 2024

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 reforms may lead to increased costs for ...

14/ 10/ 2024

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.

14/ 10/ 2024

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 production weakness along with ongoing global economic headwinds.

02/ 10/ 2024

Tata Steel closes sinter plant

Port Talbot ceases iron ...

28/ 09/ 2024

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 ...