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The fight against excess steel capacity requires mutual support – Taras Kachka
In particular, there is a need to review safeguards against states participating in GFSEC Countries participating in the Global Forum on Excess Steel Capacity (GFSEC) need more mutual support. This po...
Oct 10, 2024
0 1629


ArcelorMittal increases long steel prices in Europe by €40/t
Prices will increase for all types of long rolled products, including rebar, beam and wire rod Global steel producer ArcelorMittal has announced an increase in the prices of rolled products across Eur...
Oct 10, 2024
0 1773


BFs at SAIL's Rourkela steel mill achieve highest-ever liquid steel output in H1 FY
Indian state-run steel producer Steel Authority of India Limited's (SAIL) Rourkela Steel Plant (RSP) achieved the highest-ever liquid hot metal output from its two blast furnaces BF 1 and BF 5 in the ...
Oct 9, 2024
0 1644


Ukraine's Centravis to supply pipes to SpaceX
Ukraine-based seamless stainless steel pipe producer Centravis has received order for 28 mt of thick-walled pipes from the US- based spacecraft company SpaceX, according to media reports. The pipes wi...
Oct 9, 2024
0 1820


Russia's Severstal to increase output and shipments of coated rolled products
Russian steelmaker Severstal has announced that it has begun an investment project to increase the volume of shipments of its rolled products from the steel coating shop No. 3 at its Cherepovets site....
Oct 9, 2024
0 1740


British Steel continues with Skinningrove plant investment
UK-based steelmaker British Steel has announced that it will commence the third saw at its Skinningrove service center this month. This development is part of a total £26 million investment, which is ...
Oct 9, 2024
0 1974


Canada determines injury in wire rod imports from three countries
The Canadian International Trade Tribunal (CITT) has announced the results of the injury inquiry into imports of wire rod from China, Egypt and Vietnam. The investigation was launched upon the complai...
Oct 9, 2024
0 1725


Italian steelmakers follow the development of technologies in nuclear energy
The industry association believes that this can become a structural solution to the energy supply problem Italian steelmakers are interested in purchasing nuclear power, Antonio Gozzi, president of th...
Oct 9, 2024
0 1639


Iron ore prices rise to 3-month high
Since the end of September, the market has been showing significant growth amid the stimulus of the Chinese economy Over the past week, September 30-October 7, 2024, the iron ore market experienced st...
Oct 9, 2024
0 2009


Potential EU anti-dumping duties on hot-rolled steel may lead to shortages – Assofermet
Material shortages may occur if demand and consumption improve Potential EU anti-dumping duties on hot-rolled steel plates from four countries – Japan, Vietnam, Egypt and India – could lead to a signi...
Oct 9, 2024
0 1667


British steel industry calls on the government to strengthen trade protection
Safeguards protecting the UK sector from trade diversion will expire in 2026 The British steel industry has called on the government to consider further protectionist trade measures as the industry pr...
Oct 8, 2024
0 1472


BMW will invest $200 million in Brazilian plant
According to the Brazilian newspaper, Valor Econômico, BMW announced investment equivalent to $200 million for its Brazilian plant, located in the southern state of Santa Cataria. The proceeds will go...
Oct 8, 2024
0 1759
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