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Iron ore slides to over one-week low on lingering China demand ...
iron ore market singapore
Thu, 28 Mar 2024 00:00:00 GMT
Iron ore futures prices extended losses on Wednesday to their lowest levels in more than one week, pressured by persistent concerns about demand in top consumer China amid a lack of significan't policy measures to boost steel uptake. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 3.53% lower at 805.5 yuan ($111.43) a metric ton, the lowest since Mar. 19. The benchmark April iron ore SZZFJ4 on the Singapore Exchange was 2.1% lower at
https://www.hellenicshippingnews.com/iron-ore-slides-to-over-one-week-low-on-lingering-china-demand-concerns/


Financial support for Poland from the EU could revive the Central ...
poland production steel
Wed, 27 Mar 2024 20:16:03 GMT
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly
https://metallurgprom.org/en/main/14795-finansovaja-podderzhka-polshi-ot-es-mozhet-ozhivit-centralno-evropejskij-rynok-stali.html


New, technological coke-oven machinery for voestalpine Stahl
austria coke danieli vai
Wed, 27 Mar 2024 15:01:55 GMT
Leading European steel producer voestalpine Stahl has awarded a contract for the supply of two new Coke Transfer Cars for its Coke Plant #1 in Linz, Austria to Danieli Corus and INperfektion. This equipment will replace the existing machinery in use at the coke side of the
https://www.danieli.com/en/news-media/news/new-technological-coke-oven-machinery-voestalpine-stahl_37_875.htm


CIS: steel output down in February 2024
production steel ukraine
Wed, 27 Mar 2024 07:39:00 GMT
In February, four CIS countries produced 6.7 million tons of steel, down by 2.5% YoY. In January, output totaled 7.2 million tons. Thus, over the first two months CIS countries produced 13.9 million tons of steel, down by 0.7% YoY. (Ukrainian
https://metalukraine.com/2024/03/27/cis-steel-output-down-in-february-2024.html


Primetals Press Release
china investment metals primetals
Wed, 27 Mar 2024 00:00:00 GMT
Chinese Steel Producer Orders Extensive Automation Solution to Improve Accuracy and Product Quality
https://www.primetals.com/press-media/news/chinese-steel-producer-orders-extensive-automation-solution-to-improve-accuracy-and-product-quality


Magna Mining signs offtake deal with Vale for Crean Hill project
exploration metals vale
Wed, 27 Mar 2024 00:00:00 GMT
Magna Mining (TSXV: NICU; US-OTC: MGMNF) has signed an offtake agreement with Vales (NYSE: VALE) base metals unit for the advanced exploration portion of
https://www.northernminer.com/news/magna-mining-signs-offtake-deal-with-vale-for-crean-hill-project/1003865454/


U.S. Sen. Sherrod Brown Visits Cleveland Works
labour nippon steel usa
Wed, 27 Mar 2024 00:00:00 GMT
Cleveland-Cliffs hosted U.S. Senator Sherrod Brown (D-OH) at its Cleveland Works Operation to speak against the potential sale of U.S. Steel to Nippon Steel. Sen. Brown, along with Cleveland-Cliffs Chairman, President & CEO Lourenco Goncalves, discussed their concerns about the impact of the sale on the health of the U.S. steel industry. Brown also toured the Cleveland-Cliffs Cleveland Works steel mill, met with workers, and discussed how to further support Ohio
https://www.clevelandcliffs.com/news/newsroom


NLMK Group fulfills all goals of Environmental Strategy 2023
ghg nlmk russia
Wed, 27 Mar 2024 00:00:00 GMT
NLMK Group has successfully achieved all key objectives as part of its Environmental Strategy 2023, reducing specific atmospheric emissions by 13%, increasing waste processing rate to 96% (recycling of secondary resources at 99%), and cutting discharges into water bodies in
https://viz-steel.nlmk.com/en/media-center/press-releases/nlmk-group-fulfills-all-goals-of-environmental-strategy-2023/


Southeast Europe steel output remains stable in February
europe production steel
Wed, 27 Mar 2024 00:00:00 GMT
Southeast Europe (SEE) crude steel production was almost flat in February, according to the latest...
https://eurometal.net/southeast-europe-steel-output-remains-stable-in-february/


JSW Steel Board Meeting Intimation for Audited Financial Results ...
jsw results steel
Wed, 27 Mar 2024 00:00:00 GMT
JSW STEEL LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/05/2024 ,inter alia, to consider and approve To consider, inter alia, the Audited Financial Results of our Company for the quarter and year ended 31st March
https://economictimes.indiatimes.com/jsw-steel-ltd/stocksupdate/companyid-8352.cms


Number of steel industry news articles: 10
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Regional News and Industry Developments


Middle East Announcements



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


Another Danieli rolling mill for quality rebar
danieli iraq
Sun, 10 Mar 2024 19:01:55 GMT
Iraqi company Muhaj Baghdad awarded Danieli the contract for a new, 500,000-tpy rolling mill plant for rebar.




Europe Media Releases



Financial support for Poland from the EU could revive the Central ...
poland production steel
Wed, 27 Mar 2024 20:16:03 GMT
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly


The EU allocated 3 million euros for the laid-off German employees ...
germany labour steel
Wed, 27 Mar 2024 20:14:03 GMT
The European Commission has offered to support workers laid off in the German steel industry...


New, technological coke-oven machinery for voestalpine Stahl
austria coke danieli vai
Wed, 27 Mar 2024 15:01:55 GMT
Leading European steel producer voestalpine Stahl has awarded a contract for the supply of two new Coke Transfer Cars for its Coke Plant #1 in Linz, Austria to Danieli Corus and INperfektion. This equipment will replace the existing machinery in use at the coke side of the




CIS Industry Headlines



NLMK Group fulfills all goals of Environmental Strategy 2023
ghg nlmk russia
Wed, 27 Mar 2024 00:00:00 GMT
NLMK Group has successfully achieved all key objectives as part of its Environmental Strategy 2023, reducing specific atmospheric emissions by 13%, increasing waste processing rate to 96% (recycling of secondary resources at 99%), and cutting discharges into water bodies in


Ukraine: Pokrovskoye Mine Group yields 1 million tons of coal
coal ukraine
Fri, 22 Mar 2024 00:00:00 GMT
In March, the miners of Pokrovskoye Mine Group yielded the first million tons of coal since the start of the year. The tunneling teams have prepared 2547 meters of mine workings. All the coal was processed by the Svyato-Varvarinskaya factory, producing 521 thousand tons of high-quality concentrate. (Ukrainian


Ukraine: Ferrexpo pellets output drops
ferrexpo production ukraine
Fri, 22 Mar 2024 00:00:00 GMT
In 2022, Ferrexpo decreased pellets manufacture from 12 million to 6.18 million tons. Last year, 4.15 million tons were produced. The drop is due to transportation problems. Around half of the group products were transported via the Black Sea ports to the Asian market. But in 2022, the way was blocked. (Ukrainian







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