CAAM Reports a 0.6% Decline in China’s Auto Vehicle Sales for January Data from the China Association of Automobile Manufacturers (CAAM) indicates that China’s auto vehicle sales experienced a 0.6% decline in January. Although the decrease is modest, it highlights the c...
Aperam Boosts Stainless Steel Shipments by 4.9% in 2024 Aperam has announced a 4.9% increase in stainless steel shipments in 2024 compared to the previous year, a promising indicator of improved market dynamics and growing global demand for premium stainle...
Alacero hopes to rebuild strategic alliance with US despite tariffs The Latin American Steel Association Alacero has made some evaluations regarding the 25 percent tariffs lately announced by the US on imports of steel and aluminum from all countries. Accordingly, the...
US Steel: Tariffs to position us to pioneer new golden age of US steelmaking United States Steel Corporation (US Steel) has a made statement to SteelOrbis regarding the 25 percent tariffs lately announced by the US on imports of steel and aluminum from all countries. According...
Canada initiates review on heavy plate from Taiwan and Germany The Canada Border Services Agency (CBSA) has announced it has initiated a review to determine the normal values and export prices of certain hot rolled carbon steel heavy plate and high-strength low-a...
Arcelormittal Invests $1.2 Billion in New Alabama Plant to Boost US Steel Production Global steel giant Arcelormittal has announced a major investment of $1.2 billion in the construction of a new production facility in Alabama. This strategic development is expected to significantly e...
Pig Iron Prices at Black Sea Ports Fall to Their Lowest Level Since 2020 Recent market data indicates that pig iron prices at Black Sea ports have dropped to the lowest levels recorded since 2020. This significant decline is attributed to a combination of factors, primaril...
Majority Shareholder Liquidates Polymer Rolled Steel Producer Heavy Metal In a surprising development, the majority shareholder of Heavy Metal - an established producer of polymer rolled steel—has decided to liquidate the company. This decision, driven by strategic realignm...
Arcelormittal Hunedoara Temporarily Suspends Operations Amid Economic Challenges Arcelormittal Hunedoara, a key production facility in the global steel network, has temporarily halted its operations in response to severe economic difficulties. The decision comes as the plant grapp...
Outokumpu Scales Back Investment Plans Amid Weak Stainless Steel Market Outokumpu, a leading global stainless steel producer, has announced that it is significantly slowing its planned investments in response to a challenging market environment. The decision comes as the ...
US prepares to impose reciprocal tariffs on every trading partner US President Donald Trump has officially unveiled his plan for reciprocal tariffs against its every trading partner applying tariffs on US goods. Canada, the EU and Brazil are among the countries expe...
Thailand launches sunset review on imports of steel pipe from Vietnam Thailand's Department of Foreign Trade (DFT) has announced that it has initiated a sunset review of antidumping duties on steel pipes imported from Vietnam. The DFT will assess whether lifting the cur...
