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World Steel News

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

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

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

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

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/

Malaysian and US HRC Prices Reflect Industry Challenges and Government ...
malaysia market steel
Wed, 17 Apr 2024 17:42:00 GMT
The first week of April showcased a slight price increase in Malaysian Hot-Rolled Coil (HRC), marking a significan't shift in the steel

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/malaysian-and-us-hrc-prices-reflect-industry-challenges-and-government-initiatives-27399

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

Rio Tinto says global economy resilient, inflation easing despite ...
iron ore rio
Wed, 17 Apr 2024 00:00:00 GMT
Shipments of its key commodity iron ore fell over the past three months as bad weather disrupted Rios ports, the mining giant

https://www.smh.com.au/business/companies/rio-tinto-says-global-economy-resilient-inflation-easing-despite-patchy-china-20240417-p5fken.html

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Regional News and Industry Developments

South Asia Announcements

Domestic finished steel consumption grows 13% to 136 MT in FY24: ...
india steel
Thu, 18 Apr 2024 00:00:00 GMT
Domestic finished steel consumption has registered a growth of 13 per cent to 136 million tonnes during 2023-24, supported by increased demand from automotive and infrastructure sectors, SteelMint India said. The country consumed 120 million tonne (MT) finished steel in the preceding 2022-23 financial year, the research firm said in a report. Demand from the automotive industry improved in FY24, along with focus increasing towards the EVs. Infrastructure and construction sectors also showed

GIFT Nifty up 70 points; here's the trading setup for today's ...
india sail
Mon, 08 Apr 2024 00:00:00 GMT
Change in Composition of SAIL Board - Resignation of Indpendent Directo

JSW Steel Announcement under Regulation 30 (LODR)-Press Release ...
jsw production steel
Mon, 08 Apr 2024 00:00:00 GMT
JSW Steel reports its highest ever annual Consolidated Crude Steel Production of 26.43 Million tons surpassing its yearly production guidance

CIS Media Releases

Interpipe is testing new routes to the EU Oleksiy Yanovsky
interpipe steel trade ukraine
Wed, 17 Apr 2024 00:00:00 GMT
The Ukrainian industrial company an exporter of steel pipes and railway products also hopes to restore full-fledged sea container transportation from

Ukraine: metal structures market to grow
market steel ukraine
Mon, 15 Apr 2024 09:46:30 GMT
According to the Ukrainian Center of Steel Construction, in 2024 the market of metal structures will grow by 7%, to 85 thousand tons. This will be achieved with the growth of restoration and reconstruction volumes, increase in demand due to the use of metal structures in non-housing construction, infrastructure projects and construction of large

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

Africa Industry Headlines

Belarus: BMZ to increase steel exports to Africa
steel trade ukraine
Mon, 01 Apr 2024 00:00:00 GMT
Belarus Iron and Steel Works intends to supply at least 200 thousand tons of steel to Africa in 2024. Last year, the company exported 140 thousand tons there. As of March, the company was already producing 200 thousand tons of steel per month. (Ukrainian

Anglo American South Africa iron ore mines assessed on responsible ...
anglo iron ore south africa
Wed, 27 Mar 2024 00:00:00 GMT
Anglo American South Africa iron ore mines assessed on responsible mining standard Wednesday, 27 March 2024 10:00 Anglo Americans Sishen and Kolomela iron ore mines in South Africa have been assessed against the IRMA comprehensive mining

China Baowu plans to invest about $1 billion ...
baowu guinea iron ore
Wed, 31 Jan 2024 09:47:24 GMT
The world’s largest steelmaker, China Baowu Steel Group, has raised 10 billion yuan ($1.4 billion) through a bond issue, partly for the large-scale Simandou iron ore project in Guinea. Nasdaq reports this with reference to the company’s report on the Shanghai Stock Exchange. The capital raised through the issuance of three-year fixed-rate bonds with an … The post China Baowu plans to invest about $1 billion in the development of Simandou appeared first on

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