German Steel Federation: High energy costs still most critical issue Gunnar Groebler, president of the German Steel Federation (WV Stahl), has released a statement regarding the current challenges the domestic steel industry is facing, following a meeting with German C...
Vietnam's steel imports down 39.4 percent in November from October In November this year, Vietnam's steel imports amounted to 1,462,514 mt, down 39.4 percent compared to October, while its scrap imports grew by 29.7 percent month on month to 448,937 mt, according to ...
Steel exports from China exceeded 100 million tons in January-November Annual export volumes are expected to exceed the 2015 record of 110 million tons China’s steel exports in January-November 2024 reached 101.15 million tons, up 22.6% compared to the same period in 202...
EUROFER and IndustriaALL call for a steel summit The meeting is to discuss urgent issues and an action plan for sustainable development The European Steel Association (EUROFER) and the industriAll trade union are calling on the European Commission t...
German Chancellor proposes to reduce electricity costs for the steel industry Olaf Scholz promises to support steel industry at the national and European level German Chancellor Olaf Scholz has pledged support for the German steel industry, especially given the high energy cost...
Interpipe has organized a hub in Batumi for transshipment of products in the eastern Black Sea The company also moved its beam operations from the port of Constanta to Varna in Bulgaria Interpipe, a Ukrainian industrial company, is implementing modern logistics solutions, focusing on reducing c...
Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum The new tariffs should compensate for the losses from cheap Chinese imports, promoting the development of local producers Canada is projecting an annual revenue of about C$100 million ($71.4 million)...
SSAB receives €126 million for transition to carbon-free steel production EU and Swedish funding to help reduce Sweden's CO2 emissions by 7% through modernization of Luleå plant Swedish steel company SSAB is receiving SEK 1.45 billion (€126 million) in funding from the Just...
Nippon Steel plans to complete the acquisition of US Steel by the end of the year The agreement can be completed if the necessary procedures are completed Japanese steelmaker Nippon Steel has reiterated its confidence that the acquisition of US steelmaker US Steel can be completed ...
India increased steel imports from China to a historic high in April-October India increased its steel imports from China to a historic high of 1.7 million tons in April-October 2024 (7 months of fiscal year 2024/2025), up 35.4% compared to the same period in 2023. This is evi...
UK intents to support steel industry – Secretary of State Industry development strategy with a focus on green steel presented at the parliamentary summit UK Secretary of State for Business Jonathan Reynolds reaffirmed the government’s commitment to supportin...
Indian steel industry leads the world in CO2 emissions Emissions from Indian steel reach 2.6 tons of CO2 per ton of finished product, which is 25% more than in China India’s steel industry remains the world’s dirtiest in terms of CO2 emissions. According ...
