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Low steel prices may hinder capacity expansion in India
Without adequate domestic capacity, the country will be dependent on imports for infrastructure development Low steel prices caused by dumping in the global market will negatively affect India’s goals...
Nov 29, 2024
0 1323


Rebar market saw a drop in prices and volatility in demand in November
Offer prices are declining in China, Turkey and Europe, while the US is showing signs of stabilization November 2024 was marked by a general decline in rebar prices in key global markets due to weak d...
Nov 29, 2024
0 2129


Chinese steelmakers cut losses in January-October amid economic incentives
In general, the situation in the industry has revived somewhat in recent months In January-October this year, Chinese steelmakers reduced their total losses to about 23 billion yuan ($3 billion) compa...
Nov 29, 2024
0 1474


Zaporizhstal completed a set of overhauls of key rolling mills
The plant's expenses for equipment renewal amounted to more than UAH 230 million Zaporizhstal Iron and Steel Works completed a set of major overhauls of the main rolling units in accordance with the a...
Nov 28, 2024
0 1643


The US increased rolled steel imports by 8.6% m/m in October
The total import of steel for the month increased by 12% m/m In October 2024, US steel enterprises increased imports of rolled steel products by 8.6% compared to September this year, to 1.84 million t...
Nov 28, 2024
0 1839


Canadian steelmakers call on the government to engage in urgent dialogue with the Trump team
The appeal comes amid Trump's promise to impose additional tariffs on imports from Canada, Mexico and China The Canadian Steel Producers Association (CSPA) has called for urgent action and dialogue be...
Nov 28, 2024
0 1582


Liberty Steel lost control over assets in Eastern Europe due to ArcelorMittal debt
Non-payment of €140 million debt may lead to sale of assets ArcelorMittal, one of the world’s largest steel producers, has been granted the right to impose administration for Liberty Steel’s Eastern E...
Nov 28, 2024
0 1535


EUROFER insists on a European action plan for the steel industry
The industry association is calling for immediate action rather than incremental improvements The European Steel Association (EUROFER) warns that a robust action plan for the steel industry under the ...
Nov 28, 2024
0 1518


India's Prakash Industries signs mining lease for coal block to support steel mill
Indian integrated steel and energy producer Prakash Industries Limited (PIL) has signed a 30-year mining lease for Bhashkarpara coal block in Chhattisgarh state, securing the right to extract coal fro...
Nov 27, 2024
0 1773


Sweden's SSAB to supply fossil-free steel to Amazon
Swedish specialty steel producer SSAB has announced that it has signed a collaboration agreement with the US-based Amazon Web Services (AWS) for deliveries of fossil-free steel. The collaboration incl...
Nov 27, 2024
0 1568


Anglo American to transfer coking coal business in Australia to US-based Peabody Energy
UK-based mining giant Anglo American has announced that, within the scope of its plans to focus on its copper and premium iron ore operations, it has decided to sell off its remaining coking coal mine...
Nov 27, 2024
0 1622


Trump threatens China, Mexico and Canada with new tariffs
Incoming US president Donald Trump has stated that the US will impose 25 percent tariffs on all products from Mexico and Canada, and 10 percent tariffs on products from China, as of January 20, 2025, ...
Nov 27, 2024
0 1367
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