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UK energy-intensive industries: Zonal pricing will hurt renewable energy projects
In a letter to the UK government, the unions and associations from the UK's energy-intensive industries, including steel, glass, ceramics, and renewable energy, have urged the government to immediatel...
févr. 26, 2025
0 1123


Zaporizhkoks Allocates UAH 321 Million for Facility Maintenance in 2024
In a robust effort to secure operational stability, Zaporizhkoks has earmarked UAH 321 million for the maintenance of its facilities throughout 2024. This strategic allocation is aimed at ensuring tha...
févr. 25, 2025
0 1195


Cleveland-Cliffs Opens April Contracts for Hot-Rolled Steel at $900 per Ton
Cleveland-Cliffs, a leading U.S. steel producer, has announced the opening of its April contracts for hot-rolled steel, setting the price at $900 per ton. This new contract price reflects current mark...
févr. 25, 2025
0 1269


Gerdau Postpones Investment Decision on New Mexico Plant Amid Market Uncertainty
Gerdau, one of the world’s leading steel producers, has announced a postponement of its decision to invest in building a new plant in Mexico. The move reflects the company’s cautious stance in the fac...
févr. 25, 2025
0 1260


Metinvest Allocates UAH 8.4 Billion to Support Ukraine Over Three Years of War
Metinvest, one of Ukraine’s leading steel producers, has announced a significant commitment of UAH 8.4 billion in support of Ukraine over the past three years of ongoing conflict. This substantial inv...
févr. 25, 2025
0 1276


Steelmakers Propose Monthly Global Hot-Rolled Steel Quota to the European Commission
Industry players are calling on the European Commission to consider implementing a monthly global quota for hot-rolled steel, as reported by Argus. This proposal comes amid concerns over market volati...
févr. 25, 2025
0 1241


Turkish Steel Company Eyes Acquisition of Liberty Steel Dudelange
A potential acquisition in the European steel sector is drawing considerable attention as a Turkish steel company is reportedly exploring the purchase of Liberty Steel Dudelange. According to recent r...
févr. 25, 2025
0 1363


Vietnam Imposes Temporary Anti-Dumping Duties on Chinese HRC Steel to Protect Local Industry
The Vietnamese government has taken action to safeguard its domestic steel market by imposing temporary anti-dumping duties on hot-rolled coil (HRC) steel imports from China. This move comes amid grow...
févr. 25, 2025
0 1274


US Raw Steel Production Falls 0.7% Week-on-Week Amid Market Fluctuations
Recent industry data indicates that US raw steel production declined by 0.7% compared to the previous week. This modest drop reflects ongoing adjustments in the sector as producers navigate evolving m...
févr. 25, 2025
0 1096


Steel consumption in 2024 "better-than-expected" in Chile
The apparent consumption of steel products in Chile has reached 2.371 million mt in 2024, 0.7 percent less than in 2023, according to the country's steel institute, ICHA. The institute added that, des...
févr. 24, 2025
0 1392


UK maintains AD duties on corrosion-resistant steel from China
The UK government has approved the UK Trade Remedies Authority's (TRA) proposal to maintain the existing antidumping measures on imports of corrosion-resistant steel from China for five years until at...
févr. 24, 2025
0 1166


China's Hengyang Valin Steel Pipe invests in new HR production line
Hunan-based Chinese steelmaker Hengyang Valin Steel Pipe has ordered from Italian plantmaker Danieli a new hot rolling line with an annual capacity of 800,000 mt to be installed in its Hengyang plant....
févr. 24, 2025
0 1386
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