01/ 06/ 2019

India faces risk of steel overproduction

At the end of the 2018-19 financial year, the excess of steel production over its consumption in India reached 35 million tons.

31/ 05/ 2019

Panic is brewing in the United States over possible restrictions on Chinese imports of rare earth metals

17 rare earth metals are critical to the production of all high-tech equipment, from aircraft to satellites. And the United States is 80 percent dependent on Chinese imports.

30/ 05/ 2019

Indian steel mills are concerned about increased steel imports from South Korea and Japan

The Indian Steel Association, representing the six largest integrated steel companies, has called on the government to impose a protective duty of 25 percent on all imported steel products.

29/ 05/ 2019

China's steel production growth surprised analysts

China's growing steel production is of deep concern to the global steel industry, which rightly believes that a new round of steel overproduction in Asia will trigger a collapse in export markets and a new crisis.

29/ 05/ 2019

ArcelorMittal prepares to further cut steel production in Europe

The largest steel company in the world notes the weakness of the European steel market and the worsening economic situation in the EU heavy industry.

29/ 05/ 2019

Chinese Steel Sector Profits Soar In April To New Record

Chinese steel profits skyrocketed for the second straight month in April amid increased demand from the construction sector.

29/ 05/ 2019

Explosion at China's Fangda steel plant killed one person

Nine more metallurgists received injuries of varying severity.

27/ 05/ 2019

China-US trade war crashes steel prices in Taiwan

The largest metallurgical company in Taiwan announced a forced decline in prices for steel and metal products amid falling demand in both the domestic and foreign markets.

27/ 05/ 2019

Quantum Theater staged Shakespeare's greatest tragedy "King Lear" on the ruins of an American steelworks

King Lear continues Quantum's long-standing tradition of reimagining the classics in never-before-seen ways, setting Shakespeare's greatest tragedy amid the majesty of Carrie's blast furnaces and highlighting Pittsburgh's history as a fallen industrial giant.

27/ 05/ 2019

Steel production in CIS countries in April 2019 decreased by 3.7 percent

According to the World Steel Association Worldsteel, steel smelting in the CIS in April 2019. amounted to 8.203 million tons.

26/ 05/ 2019

Will the UK government interfere with British Steel?

Many UK taxpayers believe the government could do more within the existing EU rules. However, the Prime Minister's resignation could prevent the government from taking an active part in saving British Steel and the city of Scantrop.

25/ 05/ 2019

Why Credit Suisse downgraded AK Steel by two notches at once

This week, shares of American steel companies were in the "red zone", reflecting the uncertainty of investors in the prosperous development of the US steel industry, burdened with heavy debt.