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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
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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


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


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


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


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


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


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


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


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


Thyssenkrupp sells its electrical steel business in India
The amount of the deal is approximately €400 million German steelmaker Thyssenkrupp Steel  has announced [1]  that it has sold its Indian subsidiary, Thyssenkrupp Electrical Steel India. The deal is w...
oct. 22, 2024
0 1731


China will reduce steel exports to 90-100 million tons in 2025 – analysts
In 2024, the indicator is expected to be at the level of 110 million tons China’s steel exports in 2025 are expected to reach 90-100 million tons, down from 110 million tons forecast for 2024. Despite...
oct. 22, 2024
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