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Industry Economics

SEAISI Press Release
Fri, 08 May 2020 00:00:00 GMT
ArcelorMittal flags lower profits, hopes lockdown easings herald turnaround for steel

EastGate: Chinese steel stockpiles retreating, a positive indicator ...
Mon, 20 Apr 2020 03:33:00 GMT
An EastGate report has stated that Chinese steel stockpiles have reached record highs amid the coronavirus outbreak, but are now steadily

Anglo American expects earnings to more than double
Tue, 28 Jan 2020 00:00:00 GMT
Anglo American has completed its acquisition of Sirius Minerals, a UK mining company that also owns a fertiliser business, after the takeover secured court approval, it was announced on

Official: Iran to Export 10mln Tons of Steel by Yearend
Thu, 23 Jan 2020 04:09:00 GMT
A major global producer and exporter of steel, Iran has sought to increase output despite economic woes that have affected downstream sections of the industry. IMIDRO announced in September that

Arcelor Mittal's Essar Steel buy may not severely hit other players
Thu, 09 Jan 2020 00:00:00 GMT
Arcelor Mittals debut in steel industry through acquisition of Essar Steel will raise the competition in the domestic steel sector. Nevertheless there is still headroom for steel companies to increase capacities with consumption demand tipped to grow at 6-7%. Ind-Ra said continued regulatory support is critical to protect local steel players against the threat of

Bearish outlook for 2020 world steel prices
Thu, 02 Jan 2020 09:00:00 GMT
Analysts consider that year 2020 steel prices will remain close to 2019 price levels, with perhaps a small price recovery in 2021; but with no notable pricing improvement until the next peak in the steel cycle which can be expected at

Nippon Steel & Sumitomo Metal Corporation - Press Release
Tue, 17 Dec 2019 09:01:29 GMT
ArcelorMittal and N ippon Steel Complete Joint Acquisition of Essar ...

A Tough Year for Steel Stocks: Will 2020 Bring Good Tidings
Tue, 17 Dec 2019 00:00:00 GMT
A recovery in steel prices and easing U.S.-China trade tensions are likely provide a respite to American steel makers next

SEAISI Press Release
Tue, 17 Dec 2019 00:00:00 GMT
ArcelorMittal says it has completed acquisition of Essar Steel

ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel ...
Sat, 14 Dec 2019 00:00:00 GMT
ArcelorMittal has initiated payment for acquisition of debt-ridden Essar Steel for Rs 42,000 crore.

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