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Is Trending Stock United States Steel Corporation (X) a Buy Now
steel usa uss
Tue, 16 Apr 2024 13:01:10 GMT
Is Trending Stock United States Steel Corporation (X) a Buy Now

https://www.nasdaq.com/articles/is-trending-stock-united-states-steel-corporation-x-a-buy-now-0

https://www.hellenicshippingnews.com/iron-ore-climbs-to-multi-week-high-on-lower-shipments-hopes-of-china-stimulus/

Global AL6XN Prices Surge Amid Raw Steel Production Decline ...
production steel
Mon, 15 Apr 2024 17:38:00 GMT
March 2024 witnessed a decline in raw steel production, resulting in reduced AL6XN output and a subsequent price hike due to its scarcity

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/global-al6xn-prices-surge-amid-raw-steel-production-decline-march-2024-27350

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

https://metalukraine.com/2024/04/15/ukraine-metal-structures-market-to-grow.html

Analysts Estimate Nucor (NUE) to Report a Decline in Earnings: ...
nucor results usa
Mon, 15 Apr 2024 00:00:00 GMT
Nucor (NUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key

https://www.zacks.com/stock/news/2255351/analysts-estimate-nucor-nue-to-report-a-decline-in-earnings-what-to-look-out-for

Iberian steel distributors remain cautious about market recovery
market portugal steel
Mon, 15 Apr 2024 00:00:00 GMT
Spanish and Portuguese steel distributor representatives foresee market conditions without major...

https://eurometal.net/iberian-steel-distributors-remain-cautious-about-market-recovery/

Thyssenkrupp Media Release
germany production steel tks
Fri, 12 Apr 2024 13:16:16 GMT
Thyssenkrupp to reduce Duisburg steel production capacity and cut jobs

http://uk.investing.com/news/stock-market-news/thyssenkrupp-steel-to-reduce-production-capacity-cut-jobs-3430283

Fortescue Ltd's (ASX:FMG) Stock Has Shown Weakness Lately But ...
fmg
Fri, 12 Apr 2024 03:41:42 GMT
With its stock down 5.8% over the past three months, it is easy to disregard Fortescue (ASX:FMG). However, the...

https://finance.yahoo.com/news/fortescue-ltds-asx-fmg-stock-034142616.html?.tsrc=rss

ICM opens Colorado pipe fabrication shop
fabrication steel
Thu, 11 Apr 2024 14:45:00 GMT
Industrial Constructors/Managers Inc. (ICM) has opened a steel fabrication facility next to its Pueblo, Colo., office that gives the company a dedicated space to expand its pipe fabricating capacity, reports Mile High

https://www.thefabricator.com/tubepipejournal/news/tubepipefabrication/icm-opens-colorado-pipe-fabrication-shop

Industrial production in Ukraine to grow by 5.9% y/y in 2023
production steel ukraine
Thu, 11 Apr 2024 10:00:00 GMT
Production at steel ore mining enterprises was hit the hardest

https://gmk.center/en/infographic/industrial-production-in-ukraine-to-grow-by-5-9-y-y-in-2023/

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Regional News and Industry Developments

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

Africa Media Releases

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

Asia Pacific Industry Headlines

Iron ore climbs to multi-week high on lower shipments, hopes ...
iron ore market singapore
Tue, 16 Apr 2024 00:00:00 GMT
Iron ore futures prices extended their rise to hit the highest level in multiple weeks on Monday, bolstered by an obvious reduction in shipments and hopes that top consumer China will roll out more stimulus to prop up its economy. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.18% higher at 845.5 yuan ($116.80) a metric ton, the highest since Mar. 26. The benchmark May iron ore SZZFK4 on the Singapore Exchange was 1.31%

U.S. Steel (X) Shareholders Clear Transaction with Nippon Steel
nippon steel usa
Mon, 15 Apr 2024 12:31:09 GMT
U.S. Steel (X) Shareholders Clear Transaction with Nippon Steel

Asian iron ore spot activity picks up in 2023 as mills sought ...
china iron ore market
Mon, 15 Apr 2024 00:00:00 GMT
Spot activity in the Asian seaborne market for iron ore nudged higher in 2023, a year that saw Chinese steelmakers drift between positive and negative margins, as market participants placed bets on government policies to shore up a post-pandemic economy. As firm demand by Chinese mills pushed the countrys iron ore imports to a record volume of 1.18 billion mt, the quantity of iron ore price data points or heards published by Platts, part of S&P Global Commodity Insights, rose 2.9%

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