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World Steel News

Steel Rebar Market April 2024: Marginal Rise in US and China ...
china market steel
Fri, 19 Apr 2024 16:12:00 GMT
As of April 12th, Steel Rebar in the US domestic market saw a slight increase, partly influenced by boosted exports from countries like

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/steel-rebar-market-april-2024-marginal-rise-in-us-and-china-opposite-to-germany-27444

https://www.steel-technology.com/news/tranter-contributes-to-fossil-fuels-reduction-in-steel-production

https://www.hellenicshippingnews.com/iron-ore-extends-gains-on-expectations-of-growing-china-demand/

Buy JSW Steel, target price Rs 1017: Prabhudas Lilladher
jsw market metals
Fri, 19 Apr 2024 00:00:00 GMT
JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 205699.36 Crore) operating in Metals - Ferrous

https://economictimes.indiatimes.com/markets/stocks/recos/buy-jsw-steel-target-price-rs-1017-prabhudas-lilladher/articleshow/109420168.cms

United States Steel Becomes Oversold (X)
steel usa uss
Thu, 18 Apr 2024 21:44:08 GMT
United States Steel Becomes Oversold (X)

https://www.nasdaq.com/articles/united-states-steel-becomes-oversold-x-0

Nippon Steel & Sumitomo Metal Corporation - Press Release
nippon steel
Thu, 18 Apr 2024 11:06:38 GMT
U. S. Steel and Nippon Steel: Statement on President Biden's Remarks ...

https://www.nipponsteel.com/en/news/20240418_100.html

Ukraine: DMZ produces mine skip for Sukha Balka
steel ukraine
Thu, 18 Apr 2024 09:42:15 GMT
Dniprovskiy Iron and Steel Works has produced a mine skip with larger volume and higher lifting capacity. This is the first such skip produced at the company. The work was carried out under the vertical integration with the Sukha Balka mine. The volume of the skip is 25 cubic meters and lifting capacity is

https://metalukraine.com/2024/04/18/ukraine-dmz-produces-mine-skip-for-sukha-balka.html

Steel Dynamics (STLD) to Post Q1 Earnings: What's in the Cards
results steel steel dynamics
Thu, 18 Apr 2024 00:00:00 GMT
Steel Dynamics' (STLD) Q1 results are likely to have been aided by higher profitability in steel operations.

https://www.zacks.com/stock/news/2257500/steel-dynamics-stld-to-post-q1-earnings-whats-in-the-cards

UK Steel proposes 2026 CBAM start
ghg steel
Thu, 18 Apr 2024 00:00:00 GMT
UK Steel has proposed the UK government bring forward the implementation of its prospective Carbon...

https://eurometal.net/uk-steel-proposes-2026-cbam-start/

Steel industry reacts to Nucor's new weekly published HRC price
nucor steel usa
Wed, 17 Apr 2024 08:35:00 GMT
In early April, Nucor took the unprecedented step of publishing its pricing for hot-rolled coil. Will it stabilize domestic steel

https://www.thefabricator.com/thefabricator/blog/metalsmaterials/steel-industry-reacts-to-nucors-new-weekly-published-hrc-price

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Middle East Announcements

Ukraine: steel billets exports to Turkiye up in February 2024
steel trade ukraine
Thu, 11 Apr 2024 00:00:00 GMT
In February, Ukraine exported 9.69 thousand tons of steel billets to Turkiye. In February 2023, insignifican't volumes were exported (54 tons). In January-February, Ukraine exported 30.68 thousand tons of billets to Turkiye. Ukraine accounted for 7% of Turkiyes steel billets imports. (Ukrainian

IMIDRO invests $32m to develop infrastructure in mining zones
imidro iran
Tue, 12 Mar 2024 18:00:04 GMT
TEHRAN - The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has invested more than 16.285 trillion rials (about $32 million) for the development of infrastructure in the countrys mining zones in the first 11 months of the current Iranian year (ends on March

Global scrap prices fall under pressure from uncertainty in the ...
market scrap turkey
Tue, 12 Mar 2024 00:00:00 GMT
Turkish steelmakers have suspended purchases

Europe Media Releases

Tranter contributes to fossil fuels reduction in steel production
dri germany ghg production
Fri, 19 Apr 2024 00:00:00 GMT
Tranter has secured an order for a cutting-edge direct reduced iron (DRI), green steel plant set to be constructed in Germany. The DRI plant reduces its carbon footprint significantly by using green hydrogen and carbon

UK Steel proposes 2026 CBAM start
ghg steel
Thu, 18 Apr 2024 00:00:00 GMT
UK Steel has proposed the UK government bring forward the implementation of its prospective Carbon...

US Steel Kosice extends blast furnace stoppage on weak steel ...
slovakia steel uss
Wed, 17 Apr 2024 00:00:00 GMT
Slovakia-based flat steel producer US Steel Kosice (USSK) has decided to extend downtime at one of...

Asia Pacific Industry Headlines

Iron ore extends gains on expectations of growing China demand
china iron ore market
Fri, 19 Apr 2024 00:00:00 GMT
Iron ore futures rose for a second straight session on Thursday, underpinned by heightened expectations of growing demand in top consumer China on the back of improved downstream demand and steel margins. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 3.07% higher at 874 yuan ($120.75) a metric ton, refreshing a more than one-month high achieved on Wednesday with a rise of more than 4%. The benchmark May iron ore SZZFK4 on

Nippon Steel & Sumitomo Metal Corporation - Press Release
nippon steel
Thu, 18 Apr 2024 11:06:38 GMT
U. S. Steel and Nippon Steel: Statement on President Biden's Remarks ...

BHPs third-quarter iron ore output rises 3%
australia bhp iron ore production
Thu, 18 Apr 2024 00:00:00 GMT
Global miner BHP Group BHP.AX on Thursday reported a 3% rise in its third-quarter iron ore output as continued ramp-up of its South Flank mine and improved operational efficiencies in Pilbara helped offset wet weather impact. The worlds largest listed miner said iron ore production from mines it operates in Western Australia on a 100% basis was 68.1 million tonnes (Mt) during the three months ended March 31, compared with 66.2 Mt produced a year earlier. That compares with a consensus

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