Kobe Steel Ltd, Japan's third-largest steelmaker, plans to sell one million tons of low-carbon steel per year by 2030, in line with a global push toward decarbonization, according to its president. C...

The rapid rise in European steel prices slowed in late April and early May, owing to Russia's invasion of Ukraine. As a result of the initial panic buying, stocks were depleted throughout the supply c...

According to The Guardian, the firm said on April 8 that it will slash 160 positions at a facility in Stocksbridge, South Yorkshire, and 45 jobs in West Bromwich, West Midlands, as it shifted operatio...

Aluminium and stainless steel are two renewable energy sources with high raw material needs. However, this is also a significant stimulus for the metal sector. After all, 1 megawatt of renewable energ...

After ringing the death knell for commodity prices in the course of 2022 at the conclusion of 2021 and the beginning of 2022, consultants and experts' assessments have suddenly turned around. Commodit...

According to data, over 80% of market participants expect Mexican finished steel prices to rise further in April owing to increasing raw-material costs. Concerns about low demand, on the other hand, a...

The Chinese steel industry, according to sources, is running out of steel slabs. While Russia (sanctioned) and Ukraine (many steel mills shut down) used to be the primary exporters of steel slabs, dem...

The UK has initiated an investigation into steel imports from Russia and Belarus to see if tariff rate quotas for Russia and Belarus should be reallocated to avoid a steel shortage, according to a sta...

The project, led by SSAB, LKAB, and Vattenfall, will demonstrate a whole value chain for hydrogen-based steelmaking, from mine to fossil-free steel, on an industrial scale. HYBRIT was chosen as one of...

After a meeting with Economy Minister Paulo Guedes, industry group Aco Brasil said that only steel rebars would be affected by the government's decision to lower tariffs on several products, including...

According to industry consultant SteelMint India, domestic steel consumption is projected to suffer in the next quarters due to "extremely high steel costs" and steadily rising fuel prices. Steel pric...

Only those with steel and stainless steel in their inventories may celebrate, according to Italian market sources. Demand is strong, order books are full, availability is low, and stockpiles must be s...