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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

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

Africa Announcements

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

Middle East Media Releases

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

North America Industry Headlines

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

Is Trending Stock United States Steel Corporation (X) a Buy Now
steel usa uss
Wed, 17 Apr 2024 10:44:08 GMT
Is Trending Stock United States Steel Corporation (X) a Buy Now

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

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