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 ...
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...
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...
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...
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...
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...
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...
Sarralle to provide new inspection line to US Steel's Big River plant Spain-based industrial engineering company Sarralle has announced that the new inspection line for the Big River plant of United States Steel Corporation (US Steel) is ready for shipment, following th...
Spain's Sidenor to explore electrification of steel production processes Spain-based steel producer Sidenor Group has announced that it will explore the feasibility of the electrification of key processes in steel production to reduce its dependence on natural gas, cut its...
Thailand launches AD duty investigation on CR stainless steel from Vietnam Thailand's Department of Foreign Trade (DFT) has announced that it has initiated an antidumping duty (AD) investigation on cold rolled stainless steel products imported from Vietnam. The investigation...
Germany's GMH strengthens market position in tool steel industry with new acquisition Germany-based special steel producer Georgsmarienhuette Gruppe (GMH) has announced that it has strengthened its market position in the tool steel industry by acquiring 100 percent of shares in German ...
Salzgitter Flachstahl and Energiekontor agree to supply green electricity Energiekontor implements two solar park projects in Mecklenburg-Vorpommern Salzgitter Flachstahl, a division of steelmaker Salzgitter AG, has signed long-term contracts with Germany’s Energiekontor t...
