08/ 08/ 2019

Voestalpine EBITDA Falls Amid Uncertain Macroeconomic Environment

Austrian steelmaker Voestalpine reported a 28 percent decline in first-quarter core profits on Wednesday, driven by a "sharp drop" in the auto industry and lower demand for steel products.

07/ 08/ 2019

British Steel lenders insist on plant closure

The main contender for the purchase of the bankrupt British Steel remains the Turkish company Erdemir, which carefully conceals its interest.

05/ 08/ 2019

Kobe Steel said it fully felt the impact of the US-China trade war

The Japanese iron and steel company fell 13 percent after publishing its quarterly report for April-June 2019. Kobe Steel shares have dropped 24 percent since the beginning of the year.

04/ 08/ 2019

US liquefied gas will become even more expensive due to tariffs on steel imports

On Friday, Plains All American Pipeline LP set increased tariff rates for the transportation of oil through the Cactus II pipeline from the fertile Permian Basin to Corpus Christi, Texas.

02/ 08/ 2019

China's steel manufacturing PMI declines in July

Chinese industry experts believe that falling demand for steel in China will recover in the third quarter, but prices for rolled steel will remain at their current levels.

02/ 08/ 2019

Vietnam cuts costs on steel imports due to falling prices

Vietnam increased steel imports in tonnage, but paid less in the first seven months of 2019 ...

02/ 08/ 2019

India may impose anti-dumping duties on steel from Brazil, China and Germany

The DGTR Department of Commerce Investigation Unit has recommended the duty following the completion of an investigation into the alleged dumping of tool steel imported from the three countries.

01/ 08/ 2019

ArcelorMittal slashes global steel consumption growth forecast

The world's largest steelmaker on Thursday revised its forecast for global steel demand, and now Europe is expected to see a sharper decline in steel consumption due to a weak automotive market.

31/ 07/ 2019

CDP: steel industry will not be able to reduce CO2 emissions

Steel corporations are unable to cut emissions at the rate necessary to keep global warming below 2 degrees Celsius, so we are doomed to cataclysms and natural disasters unless the metals sector incurs huge financial costs.

31/ 07/ 2019

US anti-dumping duties increase pressure on Korean steel companies

South Korean oil and gas pipe producers may face serious financial problems amid global trade uncertainty and rising raw material prices.

29/ 07/ 2019

China's steel sector profits shrink inexorably

Weak demand for steel in the middle of summer is a common phenomenon in the Chinese economy, but today metallurgists are under pressure from overproduction and high prices for raw materials.

29/ 07/ 2019

USA reduced steel imports by 13 percent

The American Iron and Steel Institute (AISI) reports that the United States imported 13 percent less steel in the first half of 2019 compared to the first half of 2018.