Czech Vítkovice Steel will get a new owner and development investment 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 ...
The fight against excess steel capacity requires mutual support – Taras Kachka In particular, there is a need to review safeguards against states participating in GFSEC Countries participating in the Global Forum on Excess Steel Capacity (GFSEC) need more mutual support. This po...
ArcelorMittal increases long steel prices in Europe by €40/t Prices will increase for all types of long rolled products, including rebar, beam and wire rod Global steel producer ArcelorMittal has announced an increase in the prices of rolled products across Eur...
BFs at SAIL's Rourkela steel mill achieve highest-ever liquid steel output in H1 FY Indian state-run steel producer Steel Authority of India Limited's (SAIL) Rourkela Steel Plant (RSP) achieved the highest-ever liquid hot metal output from its two blast furnaces BF 1 and BF 5 in the ...
Ukraine's Centravis to supply pipes to SpaceX Ukraine-based seamless stainless steel pipe producer Centravis has received order for 28 mt of thick-walled pipes from the US- based spacecraft company SpaceX, according to media reports. The pipes wi...
Russia's Severstal to increase output and shipments of coated rolled products Russian steelmaker Severstal has announced that it has begun an investment project to increase the volume of shipments of its rolled products from the steel coating shop No. 3 at its Cherepovets site....
British Steel continues with Skinningrove plant investment UK-based steelmaker British Steel has announced that it will commence the third saw at its Skinningrove service center this month. This development is part of a total £26 million investment, which is ...
Canada determines injury in wire rod imports from three countries The Canadian International Trade Tribunal (CITT) has announced the results of the injury inquiry into imports of wire rod from China, Egypt and Vietnam. The investigation was launched upon the complai...
Italian steelmakers follow the development of technologies in nuclear energy The industry association believes that this can become a structural solution to the energy supply problem Italian steelmakers are interested in purchasing nuclear power, Antonio Gozzi, president of th...
Iron ore prices rise to 3-month high Since the end of September, the market has been showing significant growth amid the stimulus of the Chinese economy Over the past week, September 30-October 7, 2024, the iron ore market experienced st...
Potential EU anti-dumping duties on hot-rolled steel may lead to shortages – Assofermet Material shortages may occur if demand and consumption improve Potential EU anti-dumping duties on hot-rolled steel plates from four countries – Japan, Vietnam, Egypt and India – could lead to a signi...
British steel industry calls on the government to strengthen trade protection Safeguards protecting the UK sector from trade diversion will expire in 2026 The British steel industry has called on the government to consider further protectionist trade measures as the industry pr...
