14/ 07/ 2022

Steel production in China declines in July, but this does not affect the large supply surplus

As of July 10, stocks of finished steel at smelters controlled by the China Iron and Steel Association were up 28.4% year-on-year at 18.05 million ...

13/ 07/ 2022

UK Steel urges government to provide political conditions for decarbonization

EAF requires three times more electricity to produce the same volume of steel as a blast ...

10/ 07/ 2022

Serbian steel plant shuts down blast furnace due to high gas prices

Smelter HBIS Serbia will stop a blast furnace with a capacity of about one million tons per year at its plant in Smederevo due to weak demand for steel and high gas ...

09/ 07/ 2022

Liberty Steel invests record €350 million in Czech steel plant

The biggest investment since the commissioning of the Ostrava plant is to switch steel production to electricity, which will reduce CO2 emissions and reduce the company's dependence on Russian natural ...

08/ 07/ 2022

Turkey imposes anti-dumping duties on steel from Europe and South Korea

The new fees follow an investigation into trade between October 2019 and September 2020, when imports of flat products totaled $2.05 billion.

07/ 07/ 2022

Ferrexpo reduced production of iron ore pellets in Ukraine by 27% due to logistical constraints

Logistics in Ukraine remains the biggest constraint for Ferrexpo's business at present and the company is focusing its efforts on increasing seaborne exports to existing ...

07/ 07/ 2022

Europe's largest steel plant scoffs at EU environmental regulations - POLITICO

The European Commission says EU citizens benefit from some of the world's highest environmental standards. Residents of the Italian city of Taranto, where the steelmaking facilities of the ILVA plant are located, do not think so. And the hostilities in Ukraine are stimulating the Italian government to increase steel production, turning a blind eye to violations of environmental standards and ...

06/ 07/ 2022

The Belarusian steel plant was visited by the Ambassador of Kazakhstan to Belarus Askar Beisenbaev

Askar Beisenbayev, Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Belarus, paid a business visit to BMZ OJSC, the managing company of BMK Holding, on July ...

06/ 07/ 2022

US steel prices fall to December 2020 levels

U.S. hot rolled coil (HRC) prices have dropped below $1,000/ton this week, falling to levels not seen since December ...

04/ 07/ 2022

Steel prices fall due to weakening European demand and problems in China

New cases of coronavirus in China and falling iron ore prices amid "nearly zero" demand for steel beams in Europe are putting pressure on global steel ...

02/ 07/ 2022

The United States refused to impose duties on Russian metals and increase tariffs on iron imports

Earlier, within the framework of depriving Russia of the “greatest assistance” status, the United States announced an increase in duty rates on more than 570 groups of Russian products in the amount of about $ 2.3 billion, but in reality they were able to introduce new tariffs only on certain types of aluminum products, finished steel rental and chemical ...

01/ 07/ 2022

The global steel industry will face its worst quarter since the 2008 crisis

The London Metal Exchange Index has fallen 23% since the end of March. This will be the first quarterly decline for the entire index since the start of the pandemic. The looming threat of a recession in the US and possibly even the world continues to hang over the ...