Latest world steel industry news.

World Steel News

https://www.hellenicshippingnews.com/iron-ore-weakens-amid-waning-china-stimulus-hopes-high-portside-stocks/

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

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

target your event at a world steel audience

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

Iron ore weakens amid waning China stimulus hopes, high portside ...
iron ore market singapore
Tue, 23 Apr 2024 00:00:00 GMT
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer China, high portside stocks, and risks of possible government intervention after a price rally last week. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.06% lower at 866.5 yuan ($119.63) a metric ton, following a rise of more than 5% last week. The benchmark May iron ore on the Singapore Exchange was 0.34% lower at

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.

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 ...

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

South Asia Industry Headlines

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

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