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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
