28/ 09/ 2024

POSCO will supply specialized steel for the European hyperloop

South Korean POSCO became the first company in the world to supply specialized steel for the European Hyperloop Center test ...

28/ 09/ 2024

Tata Steel commissions India's largest blast furnace

Tata Steel's new Kalinganagar coking plant in the eastern Indian state of Odisha is unlikely to meet immediate demand for metallurgical coal given the sluggish steel market, industry players ...

28/ 09/ 2024

Joe Biden hesitates to approve Japanese takeover of US Steel

Joe Biden could shape the future of US Steel with one of his final acts as President of the United States, postponing a decision on whether to block the proposed takeover of Nippon Steel for at least 90 ...

28/ 09/ 2024

The United States may introduce protective import duties on galvanized steel

U.S. galvanized steel buyers are becoming increasingly wary of imports following a petition calling for trade remedies against 10 ...

27/ 09/ 2024

Network Steel is considering the possibility of acquiring the ThyssenKrupp Galmed plant

The German steelmaker closed the plant in November 2023 due to a significant deterioration in the European automotive ...

24/ 09/ 2024

Iron ore price hits lowest level in a year

The drop comes amid weak demand prospects in China and more resilient ...

14/ 09/ 2024

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 ...

01/ 09/ 2024

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 ...

01/ 09/ 2024

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 demand will moderately resume in the fourth ...

29/ 08/ 2024

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.

27/ 08/ 2024

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 ...

27/ 08/ 2024

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 ...