08/ 07/ 2019

China steelmakers set up task force to investigate commodity prices

Prices for iron ore in China are at their highest ever recorded. Some believe that this is a consequence of speculation on the stock exchange and inflation of the price bubble.

05/ 07/ 2019

British Steel buyer has not yet appeared

Despite the fact that the deadline for filing applications for the acquisition of the bankrupt steel mill British Steel ended last Sunday, the British Minister of Business continues to travel around the world in search of a client, and the liquidator is not able to report at least the number of purchase applications received so far .

04/ 07/ 2019

US steel imports continue to decline

US steel import tariffs imposed by President Trump have reduced the share of imports in the United States steel market to 21 percent.

04/ 07/ 2019

POSCO and Hyundai Steel to lose up to 30 percent in profits due to higher ore prices

Rising iron ore prices amid declining supplies and market resistance to higher steel prices have a negative impact on the profitability of South Korean metallurgists.

03/ 07/ 2019

Latin American steel production declines slowly

Brazil was the largest steel producer in the region during the first five months of 2019, with production of 14.0 million tonnes, representing 54 percent of total regional production.

03/ 07/ 2019

China removes barriers to foreign investment on a range of metallurgical products

China will lift restrictions on foreign investment on a range of products in the metals sector, including antimony, tungsten, molybdenum and tin.

02/ 07/ 2019

How will steel markets develop in 2020?

Global events continued to influence the price dynamics of the steel industry in 2019. Turbulence and uncertainty reign here, so specialists are extremely interested in how the market will develop in 2020?

02/ 07/ 2019

India's annual steel consumption approaches 100 million tonnes

Government investments in infrastructure in India have significantly increased domestic steel consumption in the country. However, the cream of this rise in demand could be skimmed far beyond India.

01/ 07/ 2019

EUROFER: problems threaten to erase the EU steel industry

The European steel industry faces growing imports and high environmental costs.

01/ 07/ 2019

PMI of the steel sector in China fell to 48.2 points

Heavy rains in southern China, coupled with hot weather in the north, have reduced demand for steel, and environmental restrictions have affected purchasing activity at factories.

30/ 06/ 2019

ArcelorMittal threatens to close Europe's largest steel mill

Lakshmi Mittala, which has received immunity from prosecution for environmental violations from Prime Minister Matteo Renzi, could be prosecuted if the new Italian Economic Growth Ordinance is passed.

29/ 06/ 2019

Increased demand for steel in India is possible subject to government incentives

Steel demand in India is projected to grow 6-7% year-on-year in fiscal 2019-20, which began on April 1, despite declining sales due to banks' reluctance to lend amid rising bad debts.