Latest world steel industry news.

World Steel News

Fortescue Ltd. Sponsored ADR (FSUGY) Upgraded to Strong Buy: ...
fmg results
Mon, 22 Apr 2024 16:00:10 GMT
Fortescue Ltd. Sponsored ADR (FSUGY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near

https://finance.yahoo.com/news/fortescue-ltd-sponsored-adr-fsugy-160010883.html?.tsrc=rss

Zekelman Industries to invest $120 million in Arkansas expansion
tube
Mon, 22 Apr 2024 11:25:00 GMT
Independent steel pipe and tube manufacturer Zekelman Industries will invest up to $120 million to expand the manufacturing capabilities and product offerings of its subsidiary, Atlas Tube, in Blytheville, Ark. The project will allow the company to manufacture inline steel tube

https://www.thefabricator.com/tubepipejournal/news/tubepipeproduction/zekelman-industries-to-invest-120-million-in-arkansas-expansion

https://www.hellenicshippingnews.com/chinas-steel-sector-has-bigger-worries-than-biden-tariff-hike/

Ukraine: maritime corridor boosts metal exports
steel trade ukraine
Mon, 22 Apr 2024 00:00:00 GMT
The metal industry of Ukraine is gradually reviving with the launch of the alternative maritime corridor. In Q1, pig iron manufacture grew by 32.1% YoY, rolled metal by 35.5% and steel by 36.6% YoY. Exports increased by 61.8%, to 1.02 million tons. (Ukrainian

https://metalukraine.com/2024/04/22/ukraine-maritime-corridor-boosts-metal-exports.html

Ukraine Slovakia: what trade between the countries looks like
iron ore ukraine
Mon, 22 Apr 2024 00:00:00 GMT
Since the start of the war, Slovakia has supported Ukraine by increasing its iron ore consumptio

https://gmk.center/en/posts/ukraine-slovakia-what-trade-between-the-countries-looks-like/

UK TRA recommends extension of steel safeguard measures
steel
Mon, 22 Apr 2024 00:00:00 GMT
The UK Trade Remedies Authority (TRA) proposes a two-year extension to protect the countrys steel...

https://eurometal.net/uk-tra-recommends-extension-of-steel-safeguard-measures/

Imports put strong pressure on rolled metal prices in Europe
europe market steel
Sun, 21 Apr 2024 01:54:02 GMT
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings

https://metallurgprom.org/en/news/europe/14923-import-okazyvaet-silnoe-davlenie-na-ceny-metalloprokata-v-evrope.html

The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs
steel trade
Sat, 20 Apr 2024 07:28:09 GMT
The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs

https://www.nasdaq.com/articles/the-3-best-steel-stocks-to-buy-as-biden-talks-tripling-tariffs

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

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

Number of steel industry news articles: 10
Subscribers get access to full set of steel news releases (up to 20 reports).
Click here to subscribe to steel news.

90 DAYS HEADLINES SEARCH STEEL NEWS ARCHIVE NEWS IN YOUR INBOX

News by Topic
Steel Economics
Raw Material News

Alloy Steel
Specialty Steels

Related Links
Base Metal News
Video Film Clips
All News Pages

Get access to the latest daily press releases, prices and business intelligence.
Our subscriptions start from just $120 / year.

GET SUBSCRIPTION

Regional News and Industry Developments

Asia Pacific Announcements

Chinas steel sector has bigger worries than Biden tariff hike
steel trade usa
Mon, 22 Apr 2024 00:00:00 GMT
U.S. President Joe Bidens push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns over faltering local demand and threats of even stronger blowback against Chinas surging exports. Steel consumption in the worlds second-largest economy is poised to shrink again this year as a protracted property crisis has yet to find bottom and as infrastructure demand growth slows after 12 indebted regions were ordered to halt certain projects.

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 ...

South America Media Releases

Vale reaches 100% renewable energy consumption target in Brazil
brazil vale
Tue, 16 Apr 2024 00:00:00 GMT
Vale reaches 100% renewable energy consumption target in Brazil Tuesday, 16 April 2024 10:00 Vale has announced that all of the electricity used in its Brazil operations in 2023 came from renewable sources, two years ahead of its scheduled

Vale operations in Brazil now 100% renewable energy-powered
brazil vale
Mon, 15 Apr 2024 00:00:00 GMT
Vale (NYSE: VALE) announced Monday it had achieved its goal of running all of its Brazilian operations based on renewable energy sources, two years

Dividends at risk for BHP, lithium stocks
bhp lithium
Wed, 03 Apr 2024 00:00:00 GMT
Morgan Stanley is warning investors that BHPs elevated debt and risks from the Samarco disaster could cause its payout ratio to drop to just 50 per cent of

Europe Industry Headlines

Steel HRC prices in Europe hit bottom, sources say
europe market steel
Mon, 22 Apr 2024 00:00:00 GMT
The European markets for steel hot-rolled coil were quiet on Friday April 19, with limited volumes...

Slovensk elektrrne closed its last coal-fired power plant in ...
coal slovakia
Sun, 21 Apr 2024 01:54:02 GMT
After almost 60 years of operation, TEC Vojany in eastern Slovakia, burning hard coal, is ending its operation today....

Imports put strong pressure on rolled metal prices in Europe
europe market steel
Sun, 21 Apr 2024 01:54:02 GMT
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings

MORE INTERNATIONAL REPORTS

Our press release pages are updated several times each day. Many pages offer full or partial 24/7 industry reports to all visitors, without the need for a subscription. For further details, please see: full news coverage

ADVERTISING SECTION

Metals Consulting International consulting support