09/ 07/ 2019

US imposed new duties on steel from Mexico and China

Officials from the US Department of Commerce claim that the governments of China, Canada and Mexico are subsidizing the export of certain types of rolled metal.

09/ 07/ 2019

In both India and China, the steel industry is growing thanks to government support

Government stimulation of economic growth provides significant support to metallurgists in India and China.

08/ 07/ 2019

China's Hebei province decides to expedite the elimination of steel facilities

Earlier in Hebei, it was planned to abandon the production of steel with a capacity of 14 million tons, coal with a capacity of 10 million tons, coke with a capacity of 3 million tons and coal-fired power generation with a capacity of 500 megawatts by the end of 2019.

08/ 07/ 2019

South Korean President urges Japan to remove restrictions on metal exports

South Korean President Moon Jae-in has called on Japan to lift export controls on high-tech materials bound for South Korea as a forced military labor dispute threatens to disrupt global shipments of South Korean memory chips and smartphones.

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.