04/ 11/ 2023

Tata Steel may shut down UK hot strip mill

Union sources said the plan would cost 3,000 ...

04/ 11/ 2023

Iron ore prices hit new highs this year amid rising demand in China

In addition to growing demand from the largest consumer, iron ore prices are rising on fears of strikes in the Australian mining ...

04/ 11/ 2023

The Chinese steel lobby intends to seek the reversal of new EU environmental initiatives

China steel association CISA says the EU carbon tax is a new trade barrier and calls for further ...

01/ 11/ 2023

Europe's steel sector faces recession in 2024

War, an unresolved energy crisis, high inflation and tightening economic conditions have created uncertain prospects for the European steel industry's recovery from recession.

25/ 10/ 2023

Liberty Steel suspends iron production in Europe

Unions are concerned about the situation and are calling on the company and government officials to meet to clarify its financial position and plans for the ...

20/ 10/ 2023

US steel mills raised minimum prices for cold-rolled steel

Less than a month after the September price increase in the United States, the minimum prices for cold-rolled steel are again being revised - now at the level of $800 per short ...

20/ 10/ 2023

In the first 6 months of 2023, global stainless steel production decreased by 1.7%

According to a preliminary estimate by the World Stainless Association, during the first half of 2023, metallurgical enterprises around the world smelted 28.444 million tons of stainless steel.

19/ 10/ 2023

European steel producers are trying to make money from British Steel's problems

ArcelorMittal yesterday announced a price hike of £30 a tonne based on higher costs after British Steel told customers it was demanding £20 a tonne for new orders and was deferring them until next ...

19/ 10/ 2023

EU-US steel and aluminum talks: $10 billion deadlock

Failure of the parties to reach an agreement by October 31 will mean that $10 billion in export tariffs between the EU and the US will automatically take effect at the beginning of ...

18/ 10/ 2023

Worldsteel appoints Nucor's Leon Topalian as Chairman of the Board

Crude steel production in the 63 countries tracked by worldsteel rose 0.2% year-on-year to 1.26 billion tonnes in ...

12/ 10/ 2023

JSW Steel and ArcelorMittal target mines and steel business in eastern India

The price of a profitable business remains the subject of negotiations, but the negotiations themselves indicate the interest of major players in strategic ...

06/ 10/ 2023

EU approves Liberty Steel's purchase of Hungarian Dunaferr plant

In June, Liberty won the auction to acquire insolvent Hungarian steelmaker ...