This step is due to the increase in steel prices in the country Chinese steelmaker Baosteel has raised November domestic hot rolled coil (HRC) prices by 500 yuan per ton ($71/t). This is  reported [1]...

The plant in the city of Los Barrios, Cádiz province, is expected to be idle from October 12 Global producer of stainless steel and high-strength alloys, the Acerinox Group, plans to temporarily stop ...

In 2025, the rate of consumption growth will slow down to 3% y/y Global consumption of stainless steel will grow by 4% by the end of 2024 compared to 2023, when the indicator grew by 3.2% y/y. This fo...

The market expects the company to implement some test volumes for now Algerian steelmaker Tosyali Algerie, a subsidiary of Turkey’s Tosyali Holding, has started production of hot rolled coils (HRC) at...

Energy-intensive enterprises against overly ambitious climate goals without a clear strategy The Czech industry is calling on the government to adopt a realistic and well-founded National Climate and ...

Rolled steel production resumed after a two-month layoff In September 2024, Dnipro Metallurgical Plant (DMZ) produced 1.98 thousand tons of rolled steel. At the same time, in September 2023, productio...

China's GDP is expected to grow by 4.8% this year According to World Bank estimates, China’s GDP growth rate next year will decrease to 4.3% compared to the projected 4.8% in 2024. This is  stated [1]...

The company signed a contract with a large electricity supplier in Romania The Romanian pipe producer, which is part of the Serbian investment bank Hefestos, has started using certified green energy i...

Currently, the country faces dumping and unfair pricing India has to double the tariffs on steel imports to control it. Dilip Oomen, CEO of ArcelorMittal Nippon Steel India, expressed this opinion, Re...

Experts will analyze what factors prevent Ukrainian steel industry from working at full capacity On October 15, the Center for Economic Strategy (CES) together with the German Economic Team (GET) invi...

The Ukrainian day-ahead market price in September was €123.7/MWh In the EU, average monthly wholesale prices for the day ahead in September 2024 mostly fell significantly compared to the previous mont...

Up to €150 million is planned to be invested in the modernization of the steel plant The Czech steel company Vítkovice Steel has  announced [1]  preparations for significant changes. The new owner of ...