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US Steel Corporation's Shipments Fall as US Rolled Steel Imports Rise
Recent data reveals a notable divergence within the US steel market. US Steel, one of the country’s leading domestic producers, experienced an 8.4% decline in its steel shipments in 2025 compared to t...
Feb 3, 2025
0 1605

Nippon Steel launches $456m bid to acquire Sanyo Special Steel
Nippon Steel Corporation has announced a $456 million bid to acquire Sanyo Special Steel , a strategic move that underscores the company's commitment to expanding its special steel portfolio. This acq...
Feb 3, 2025
0 1340

CSN Temporarily Halts No. 2 Blast Furnace Amid Market Adjustments
Companhia Siderúrgica Nacional (CSN) , one of Brazil's foremost steel producers, has announced the temporary shutdown of its No. 2 blast furnace located at the Presidente Vargas mill in Volta Redonda,...
Jan 23, 2025
0 1379

U.S. Raw Steel Production Sees Slight Decline
The American Iron and Steel Institute (AISI) reported that for the week ending June 4, 2022, domestic raw steel production in the United States reached 1,781,000 net tons, with a capability utilizatio...
Jan 23, 2025
0 1274

SteelOrbis RWR 2025: Industry Experts Discuss Longs Market Consolidation and Potential Tariffs
The 16th annual SteelOrbis Rebar & Wire Rod Conference convened on January 20, 2025, at Caesars Palace Hotel and Casino in Las Vegas, Nevada. Approximately 100 traders, executives, and market experts...
Jan 23, 2025
0 1315

China's Steel Bar Exports Surge by 24.4% in 2024
China's steel industry experienced a notable expansion in 2024, with steel bar exports totaling 13.5 million metric tons, marking a 24.4% increase compared to the previous year. None [1] This growth ...
Jan 23, 2025
0 1314

German Industry Associations Advocate for Strengthening the Scrap Recycling Sector
The Federal Association of Steel Recycling and Waste Management Companies (BDSV) and the Association of German Metal Traders and Recyclers (VDM) have jointly published a position paper outlining key p...
Jan 23, 2025
0 1350

Hibuild Steel to Expand Production Capacity to Meet UAE's Mega Project Demands
Hibuild Steel Building System International, headquartered in the United Arab Emirates, has announced plans to enhance its structural steel production capacity to 60,000 metric tons per year by 2028. ...
Jan 23, 2025
0 1374

AMNS India to Launch Two Automotive-Grade Steel Production Lines in 2025
ArcelorMittal Nippon Steel India (AMNS) has announced plans to commission two automotive-grade steel production lines at its Hazira plant in Gujarat by 2025. The new facilities include a continuous ga...
Jan 23, 2025
0 1650

Canacero Affirms Mexican Steel Exports Pose No Threat to U.S. Market
The National Chamber of the Iron and Steel Industry (Canacero) of Mexico has addressed concerns regarding the impact of Mexican steel exports on the U.S. market. According to Canacero, Mexican steel e...
Jan 23, 2025
0 1270

SIJ Group to Establish €1.5 Billion Steel Plant in Saudi Arabia
Slovenska Industrija Jekla (SIJ), Slovenia's leading steel producer, has entered into a €1.5 billion agreement with the Saudi Arabian government to develop a cutting-edge steel manufacturing facility ...
Jan 23, 2025
0 1620

AMNS India to Launch Two Automotive-Grade Steel Production Lines in 2025
ArcelorMittal Nippon Steel India (AMNS) has announced plans to commission two automotive-grade steel production lines at its Hazira plant in Gujarat by 2025. The new facilities include a continuous ga...
Jan 23, 2025
0 1421
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