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Norway's Blastr Green Steel to supply ultra-low carbon steel to Knauf Interfer
Norwegian decarbonized steel developer Blastr Green Steel has announced that it has signed a memorandum of understanding with European steel processing and distribution company Knauf Interfer to annua...
Oct 26, 2024
0 1902
News


Russia extends long steel and pig iron export duty exemption until year-end
The government of Russia has announced that it has decided to extend the export duty exemption for long steel and pig iron until December 31, 2024. Initially, the exemptions were valid until August 31...
Oct 26, 2024
0 1547
News


European Commission to intensify efforts to tackle crisis in steel industry
At the "Tackling the steel crisis: boosting competitive and sustainable European steel and maintaining quality jobs" session of the European Parliament's plenary debate held in Strasbourg, France, yes...
Oct 26, 2024
0 1521
News


Ternium inspects AHMSA facilities
The Mexican steel unit of the Italian-Argentine giant Techint, Ternium, began a due diligence on the facilities of the giant steel company Altos Hornos de México (AHMSA) paralyzed by insolvency since ...
Oct 26, 2024
0 1738
News


US steelmaker sues Mexico for dumping and violating USMCA
Zekelman, one of the largest independent steel pipe and tube manufacturers in the United States, filed a lawsuit in a US court against Mexico, accusing it of violating the USMCA and marketing steel at...
Oct 26, 2024
0 1994
News


IMF forecasts global economic growth of up to 3.2% in 2024-2025
In 2024, GDP growth in the Eurozone is forecast by 0.8% The International Monetary Fund (IMF) forecasts global economic growth of 3.2% in 2024 and 2025. This is  stated [1]  in a new report of the Wor...
Oct 24, 2024
0 2095
News


Global stainless steel production increased by 6.3% y/y in H1 2024
During the period, stainless steel output increased in most regions Global stainless steel production in January-June 2024 increased by 6.3% compared to the same period in 2023 to 30.37 million tons. ...
Oct 24, 2024
0 1618
News


Imports of flat products to Ukraine increased by 11.3% y/y in January-September
The main supplier of products is Turkey In January-September 2024, Ukraine increased imports of flat products by 11.3% compared to the same period in 2023, to 735.79 thousand tons. This is  evidenced ...
Oct 24, 2024
0 1634
News


Liberty Ostrava resumes production of some items
Currently, the company works according to the tolling scheme Czech steelmaker Liberty Ostrava, a subsidiary of British Liberty Steel, which is up for sale, has resumed production of rebar and road fen...
Oct 24, 2024
0 1548
News


Turkey increased steel production by 6.5% y/y in September
In January-September, production increased by 13.8% y/y In September 2024, steel enterprises in Turkey increased steel production by 6.5% compared to the same period in 2023, to 3.09 million tons. The...
Oct 24, 2024
0 1894
News


Emissions in China’s steel industry increased by 4.2% y/y in January-August
Emissions of sulfur dioxide per ton of steel were 0.19 kg/t, solid particles – 0.21 kg/t, nitrogen oxide – 0.34 kg/t Total emissions in China’s steel industry in January-August 2024 increased by 4.2% ...
Oct 22, 2024
0 1647
News


POSCO to invest $88 billion in emission reduction projects by 2030
The company will invest $21.2 billion of this amount in environmentally friendly steel South Korean steelmaker POSCO has unveiled plans to invest 121 trillion won ($88 billion) by 2030, including 45 t...
Oct 22, 2024
0 1767
News
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