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Global coking coal prices fall amid oversupply
It is expected that at the end of Q4 2024 and in Q1 2025, prices will stabilize and begin to rise to $220-240/t In August, the global coking coal market was characterized by weak demand in key region...
Sep 25, 2024
0 2030


Global HRC prices dropped to their lowest since 2020
Expectations for the revival of the market after the summer holidays did not come true Global hot-rolled coil prices continued to decline in August and early September, driven by weak demand, economic...
Sep 25, 2024
0 2016


US Steel Kosice extends downtime of blast furnace No. 1
Resumption of operation of the unit after a 30-day repair is hindered by the weakening of steel demand in Europe Global steelmaker United States Steel Corporation (US Steel) has announced that blast f...
Sep 25, 2024
0 2099


Metinvest is working to raise financing for the construction of a plant in Italy, — Group CEO
Credit funds in the Italian project are at least 70% Metinvest Group is working to raise financing for the construction of a steel plant in Piombino, Italy. Construction may start by the end of this y...
Sep 25, 2024
0 2084


Investments of iron and steel companies during the war
Capital investments of steel sector in 2023 amounted to UAH 16.6 billion After a difficult 2022, investment activity in Ukraine is starting to recover. In 2023, the total volume of capital investment ...
Sep 17, 2024
0 2134


Swedish H2 Green Steel has rebranded
The company has changed its name to Stegra and has potential projects outside of Sweden Swedish start-up H2 Green Steel has announced a rebranding, changing its name to Stegra. This is  stated [1]  in...
Sep 17, 2024
0 3040


SEAISI at IREPAS warns of unsustainable overcapacity looming in ASEAN region
Speaking at the SteelOrbis Fall 2024 Conference & 91st IREPAS Meeting taking place in Paris on September 15-17, Yeoh Wee Jin, secretary general of the South Asia Iron and Steel Institute (SEAISI), inf...
Sep 17, 2024
0 2193


Luciano Giua: Resolving global excess capacity is key to steel market recovery
At the beginning of the SteelOrbis Fall 2024 Conference & 91st IREPAS meeting held in Paris on September 15-17, Luciano Giua, economist and policy analyst at the Organization for Economic and Cooperat...
Sep 17, 2024
0 2461


IREPAS chairman: Global long steel market becoming more and more unstable
Murat Cebecioğlu, chairman of IREPAS, the global association for longs producers and exporters, has given the welcome speech at the SteelOrbis Fall 2024 Conference & 91st IREPAS Meeting taking place i...
Sep 17, 2024
0 2171


US steel industry requests stricter trade measures
The American Iron and Steel Institute (AISI) has stated that the US government needs to update its current trade laws to tackle dumping, circumvention and other unfair trade practices, while drawing a...
Sep 17, 2024
0 2249


British steel industry calls for faster implementation of CBAM analogue
Steel producers are concerned that dumped steel may be diverted to the country The UK government is to synchronise with the EU the introduction of its own cross-border carbon tax mechanism, postponing...
Sep 17, 2024
0 2473


China’s steel exports provoke increased protectionism in the world
There are no signs of easing tensions in the global steel trade in the near term /Due to weak domestic demand, China has been rapidly increasing steel exports to many regional markets over the past tw...
Sep 17, 2024
0 2392
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