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Liberty Ostrava Steel Plant Put Up for Sale Amid Strategic Restructuring
In a notable shift within the regional steel market, the Liberty Ostrava Steel Plant has now been placed on the market for sale. This decision forms part of a broader strategic restructuring aimed at ...
Feb 6, 2025
0 1084
News

Voestalpine Completes Sale of German Subsidiary Buderus Edelstahl
Voestalpine has successfully completed the sale of its German subsidiary, Buderus Edelstahl, marking a significant step in the company’s ongoing strategic restructuring. The divestiture is part of a b...
Feb 6, 2025
0 1001
News

German Chancellor Declares Green Steel Transition Inevitable
In a recent announcement, the German Chancellor has stressed that the transition to green steel is not only necessary but inevitable. Amid mounting climate concerns and the imperative to meet ambitiou...
Feb 6, 2025
0 1024
News

EU Prepares Strategic Response to Counter US Protectionism
In a decisive move to protect its economic interests, the European Union is preparing a coordinated strategy to counter recent protectionist measures imposed by the United States. With the US increasi...
Feb 6, 2025
0 1039
News

JSW Steel and JFE Complete Acquisition of Thyssenkrupp's Electrical Steel Business in India
JSW Steel and JFE have finalized the acquisition of Thyssenkrupp’s Electrical Steel business in India, marking a significant strategic consolidation in the high-performance steel sector. This deal pro...
Feb 6, 2025
0 1102
News

Global Stainless Steel Production Climbs 5.4% in January–September 2024
Recent industry data shows that global stainless steel production increased by 5.4% year-on-year during the January–September 2024 period. This growth underscores a solid recovery in the stainless ste...
Feb 5, 2025
0 1064
News

ArcelorMittal Kryvyi Rih Expands Billet Portfolio for Export Markets
Ukraine’s *ArcelorMittal Kryvyi Rih* has announced an expansion of its *billet product range* to better serve international markets. The company has started producing *125x125 mm and 130x130 mm billet...
Feb 4, 2025
0 1176
News

Euro Area Inflation Accelerates to 2.5% in January
In January, inflation in the Euro Area climbed to 2.5% year-on-year, marking a noticeable acceleration in price rises compared to previous months. This increase signals growing cost pressures across v...
Feb 4, 2025
0 1053
News

South African Government Intervenes to Prevent Closure of ArcelorMittal South Africa Plants
In response to mounting concerns over the potential shutdown of major ArcelorMittal South Africa facilities, the South African government is taking decisive action to secure the future of the nation’s...
Feb 4, 2025
0 1225
News

US Duties on Steel and Aluminum Imports to Impact Millions of Tons, Raising Industry Concerns
In a decisive move to support domestic manufacturing, the US government has imposed new tariffs on steel and aluminum imports. According to a recent report by GMK Center, these tariffs are expected to...
Feb 4, 2025
0 1119
News

Blastr Green Steel Secures Funding to Pioneer Hydrogen-Powered, Low-CO Steelmaking
Blastr Green Steel has recently announced that it has secured significant new funding aimed at advancing its hydrogen-powered, low-CO steelmaking technology. This innovative approach is designed to re...
Feb 4, 2025
0 1447
News

Vietnam Steel Major SMC Faces Risk of Compulsory Delisting Amid Financial Decline
A recent report by The Investor has brought to light significant financial challenges facing SMC , one of Vietnam Steel’s major players, putting the company at risk of compulsory delisting from the st...
Feb 4, 2025
0 1676
News
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