07/ 02/ 2023

Sanjeev Gupta's Liberty Steel Seemed as Potential Buyer of Aartee Bright Bar Assets

Major supplier to UK's third-largest steel producer forced to call ...

07/ 02/ 2023

Tata Steel showed a steady increase in its revenues

The World Economic Forum has recognized Tata Steel as a beacon of global diversity and ...

05/ 02/ 2023

Eurofer expects EU steel demand to fall 4.6% in 2022 and 1.6% in 2023

Some recovery in steel demand in the European Union is expected no earlier than 2024, subject to the end of the war in Ukraine and the alignment of energy ...

02/ 02/ 2023

EU Green Deal should encourage investment in mild steel projects: Eurofer

The Association of European Steel Producers estimated total operating costs at 53 billion euros, adding that mild steel needed a level playing field with global competitors and demand-side measures to become viable and increase its uptake in the ...

02/ 02/ 2023

British Steel considers cutting up to 1,200 jobs at Scunthorpe

Unions see the move as a "betrayal" amid talks with the UK government over a potential £300m ...

02/ 02/ 2023

Belarusian steel plant to operate at full capacity from February

The closure of the European market for Belarus, according to the company's management, is a good incentive to search for markets within the country. As a result, sales volumes in domestic markets have increased ...

01/ 02/ 2023

Electric vehicles will play a key role in US aluminum production growth - Norsk Hydro

Norwegian company Hydro is currently building a 120,000 tpa aluminum extrusion plant in Cassopolis, Michigan, which could be operational by the end of this year and will prioritize the use of recycled materials.

31/ 01/ 2023

World steel production in December 2022 collapsed by 10%

The largest drop in production at the end of 2022 was shown by the EU countries (27), which produced 9.2 million tons of steel, which is 16.7% less than in December 2021. Russia and other CIS countries + Ukraine produced 6.2 million tons, which is 28.4% ...

31/ 01/ 2023

European stainless steel producers ready to raise prices

EU steel mills are aiming for higher prices despite a slow start to 2023. Demand for stainless steel in Europe in the first few weeks of the new year can not be called high. Distributors report that inquiries are high and sales volumes are stable.

31/ 01/ 2023

Ukraine arrested Russian metallurgical assets

Today, the total value of the seized assets exceeds UAH 1 billion. Among those arrested are 12 land plots, a seaport complex, apartments, administrative buildings, production workshops, 46 vehicles, 240 units of special ...

30/ 01/ 2023

ArcelorMittal invests $120m in US green steel company

On Friday, Massachusetts-based Boston Metal announced a $120 million investment from the world's second-largest steelmaker, ArcelorMittal. Another investor in the production of "green steel" is ...

29/ 01/ 2023

JSW Steel, ArcelorMittal and NLMK may buy two Liberty Steel plants in Belgium