How European steel industry can survive the perfect storm **European stakeholders call for revival of industrial policy** /Sad news about the disastrous state of European steel industry appears in the media almost every day. European steelmakers reduce outpu...
Tosyalı increases global production capacity to 15 million tons of steel per year In Turkey, annual steel production at the company's facilities is estimated at 8 million tons Tosyalı Holding, one of the world’s leading steel producers, has increased its steelmaking capacity to 15 ...
China collects feedback on project to measure emissions in steel industry The country plans to expand the national carbon market by the end of 2024 China is seeking public feedback on new guidelines for reporting greenhouse gas emissions in the steel industry. Reuters repo...
German Chancellor calls for tougher EU measures against steel imports Olaf Scholz also does not rule out the state's temporary participation in Thyssenkrupp's steel business. German Chancellor Olaf Scholz has called for tougher EU measures against steel imports, saying ...
Brazil could implement new barriers to imports of finished steel products The Brazilian foreign trade authority, SECEX, reported that the percentage of the total quotas of 529,113 mt were used by the importers until November 25. Such import quotas are valid until January 31...
Crude steel production in Argentina declines in October The Argentine chamber of the steel industry, Acero Argentino (AA), informed the country's crude steel production has reached 359,600 mt in October, against 370,900 mt in September. On a comparative ba...
Tenaris and Equinor mark steel pipe production milestone for Brazilian gas project Norway-based energy company, Equinor, and Confab, Tenaris's welded piping plant located in Pindamonhangaba, state of São Paulo, have celebrated the completion of steel pipe production for the Raia pro...
Odisha government approves expansion of Tata Steel's NINL steel mill The government of the eastern Indian state of Odisha has approved the expansion of Neelachal Ispat Nigam Limited (NINL), a Tata Steel Limited subsidiary, from 0.98 million mt per year to 9.5 million m...
Norway's Blastr Green Steel to supply ultra- low carbon steel to INTERFER Edelstahl Group Norwegian decarbonized steel developer Blastr Green Steel has announced that it has signed a memorandum of understanding with Germany-based steel distributor INTERFER Edelstahl Group for the annual su...
Consumer activity in the hot-rolled coil market declined in November The market does not accept producers' attempts to raise prices In November 2024, the global hot-rolled coil market was marked by uncertainty. Despite a slight increase in prices in some regions, low ...
Falling steel prices are a major problem – Tata Steel CEO The issue of tariffs on steel imports to India is under active consideration Falling steel prices and Chinese imports to India are currently more worrisome than demand for steel products in the countr...
ECB President calls for avoiding trade confrontation between the EU and the US Christine Lagarde warned that a trade war would lead to a decline in global GDP European Central Bank President Christine Lagarde has called on EU political leaders to cooperate with US President-elec...
