05/ 01/ 2024

Nippon Steel and Posco now own Teck's minority stake in the steel coal business

Teck divests from coal after deal closes and notes decline in copper production in ...

29/ 12/ 2023

Biden extends EU tariff exemption on steel and aluminum for 2 years

The Biden administration wants to continue negotiations on measures to address excess capacity and low-carbon production.

26/ 12/ 2023

The EU hot-rolled steel market will enter 2024 with weak demand, higher production and uncertainty over trade measures

European hot rolled coil prices showed signs of recovery towards the end of 2023, but the basis for a continuation of this trend into 2024 appears shaky, according to market ...

19/ 12/ 2023

Nippon Steel agrees to buy US Steel for almost $15 billion

After the deal was announced, US Steel shares rose, while Nippon shares ...

10/ 12/ 2023

International Aluminum Institute launches climate initiative

As part of this initiative, IAI will track and report on its member companies' "ambitions and progress in reducing greenhouse gas emissions" and publicly report the aluminum industry's total global greenhouse gas emissions each ...

10/ 12/ 2023

The largest metallurgical company in Europe left the Kazakh business

The mining and metallurgical holding of British businessman Lakshmi Mittal sold its assets in Temirtau to the government of Kazakhstan for a billion US dollars, which transferred the assets to a new investor - the Allur group of companies, owner Andrey Lavrentyev. They will take over literally in the next day or ...

09/ 12/ 2023

Ukraine's foreign exchange earnings from the export of metal products decreased by 44%

In November, earnings from the export of ferrous metals amounted to $174.380 million, while in the previous month – $175.8671 ...

07/ 12/ 2023

Metinvest named the conditions for increasing foreign exchange earnings from the export of metal products

Safe maritime transportation, financing for small and medium-sized steel consumers, simplification of customs procedures and expansion of the range of export goods, as well as assistance in certification of Ukrainian products on world markets will significantly increase foreign exchange earnings from the export of steel ...

30/ 11/ 2023

European prices for long rolled steel continue to rise despite the start of winter

The reason for the increase was limited supply from manufacturers due to a series of planned service ...

29/ 11/ 2023

ArcelorMittal stops production of steel pipes in Poland

According to the official version of the company, the largest producer of rolled metal in the European Union will stop the production of steel pipes in Krakow in order to reduce carbon dioxide ...

28/ 11/ 2023

ArcelorMittal shuts down steel production in South Africa and lays off 3,500 workers

Ongoing rail logistics problems in South Africa and the worsening energy crisis have significantly increased costs for the business, ArcelorMittal South Africa said in a ...

26/ 11/ 2023

Egypt calls on Western countries to help developing economies decarbonize their steel industry

Steel exporters from developing countries face EU Carbon Border Mechanism (CBAM) tariffs that would have “serious ...