01/ 02/ 2025

Ukrainian steelmits expect a serious shortage of scrap metal in 2025

Since August 2024, the remains of scrap metal at metallurgical plants of metinvest do not exceed the volume required by 3-4 days of work. This year, the situation will become even more complicated.

26/ 01/ 2025

Canadian and Mexican steelmakers refuse new orders from the US

Canada is the largest foreign source of imports in the United States, and Mexico is the third largest ...

13/ 01/ 2025

China's iron ore imports reach record levels in 2024

Demand for key steelmaking ingredient driven by robust growth in steel ...

08/ 01/ 2025

Jindal Steel acquires Czech company Vítkovice Steel

Indian Jindal Steel International acquired 100% of the shares of a Czech producer of ...

06/ 01/ 2025

Nippon Steel President Says Suing US Government Is an Option

The proposed deal has still not been canceled by the companies even after Biden blocked ...

03/ 01/ 2025

Top ten steel producing countries according to Worldsteel

Germany recorded the largest increase in steel production in November among the top 10 steel-producing countries, while India posted the largest year-on-year ...

02/ 01/ 2025

Iron ore price falls more than 15% in 2024

Beijing's stimulus measures since late September to boost its flagging economy have helped the ferrous metals market offset some ...

01/ 01/ 2025

Thyssenkrupp sells Spanish Galmed plant to Network Steel

Spanish Coil processing company Network Steel (NS) has acquired ThyssenKrupp's Galmed (FBA9) plant...

24/ 12/ 2024

EU exempts Vietnamese stainless steel manufacturer from countervailing duties

Duties previously levied on imports from Lam Khang are ...

18/ 12/ 2024

Ukraine reduced consumption of rolled metal by 8% amid a sharp increase in imports

For 11 months of 2024, the capacity of the domestic market amounted to 3 million 254.2 thousand tons, of which 1 million 034.2 thousand tons, or 31.78%, were imported.

18/ 12/ 2024

Analysts say Europe's steel industry is under threat

Steel market analysts surveyed by engineering firm MEPS believe Europe's steel industry is "under threat" following December announcements of job cuts at Thyssenkrupp and ...

18/ 12/ 2024

ArcelorMittal raised hot rolled steel prices for EU consumers

Suppliers and the broader market expect import volumes to fall in the first quarter due to dumping cases against Egypt, Japan, India and Vietnam, as well as a 15 percent cap on volumes from other countries.