Latest world steel industry news.

Steelonthenet.com logo

World Steel News

steel industry news reports

United States Steel Expects Q1 Earnings Below View
results steel usa uss
Mon, 18 Mar 2024 14:07:09 GMT
United States Steel Expects Q1 Earnings Below View
https://www.nasdaq.com/articles/united-states-steel-expects-q1-earnings-below-view


Ukraine: UMCC to supply ilmenite to EU and USA
ukraine
Mon, 18 Mar 2024 00:00:00 GMT
The United Mining and Chemical Company has lately concluded contracts to supply 80 thousand tons of ilmenite to end customers in the EU and agents in the USA. According to the companys post on Facebook, despite the risk of the wartime, last year it was able to sell more than 102 thousand tons. Scheduled
https://metalukraine.com/2024/03/18/ukraine-umcc-to-supply-ilmenite-to-eu-and-usa.html


Weak Italian long products consumption deteriorates further
italy market steel
Mon, 18 Mar 2024 00:00:00 GMT
Italian long steel demand continues to drag as weak consumption is deteriorating further. Sellers...
https://eurometal.net/weak-italian-long-products-consumption-deteriorates-further/


MMK launches dynamic technology risk management system
investment mmk steel
Mon, 18 Mar 2024 00:00:00 GMT
Magnitogorsk Iron and Steel Works (MMK) has launched a new system that makes dynamic adjustments to the production process in a move aimed at lowering the rejection rate and reducing the risk of human error. The system relies on adaptive technology and quality management, predictive analytics and big data analysis to detect transient behaviour and process upsets. If the risk of obtaining non-conforming products increases, the system notifies the relevant personnel, automatically generates a
http://www.metalinfo.ru/en/news/159080


EU imports record amounts of Chinese-made steel
china steel trade
Sat, 16 Mar 2024 10:59:03 GMT
Import of cast iron and steel reached in 2023 3.77 million tons, the highest tonnage since 2016...
https://metallurgprom.org/en/news/ferrous-metallurgy/14820-es-importiruet-rekordnye-obemy-stali-kitajskogo-proizvodstva.html


Swachhta Pakhwada launched at RINL Joint Secretary, Ministry ...
india rinl steel
Sat, 16 Mar 2024 00:00:00 GMT
At a program held at the main conference hall of Administration building of Visakhapatnam Steel plant on 16 March 2024, Sri Atul Bhatt, CMD, RINL along with Dr. Sanjay Roy, Joint Secretary, Ministry
https://www.vizagsteel.com/rinlnews/details.php?newsid=585


U.S. Steel says Nippon Steel deal expected to close later this ...
nippon steel usa
Sat, 16 Mar 2024 00:00:00 GMT
The filing with exchanges comes at a time when the Japanese firm's $14.9 billion deal to buy the 122-year-old U.S. steelmaker faces heightened
https://www.japantimes.co.jp/business/2024/03/16/companies/us-steel-expects-deal-close/


Iron ore loses over 10% on week as feeble demand, rising stocks ...
iron ore market singapore
Sat, 16 Mar 2024 00:00:00 GMT
Iron ore futures prices tumbled further on Friday to a more than six-month low, on track for a weekly drop of more than 10%, amid sluggish spot buying appetite and bleak demand prospects in top consumer China. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 3.46% lower at 781.5 yuan ($108.61) a metric ton, the lowest since Aug. 22, 2023. It posted a weekly drop of 11%. The benchmark April iron ore SZZFJ4 on the Singapore Exchange was 4.1%
https://www.hellenicshippingnews.com/iron-ore-loses-over-10-on-week-as-feeble-demand-rising-stocks-weigh/


Tube laser positions fabricator for future growth
tube
Fri, 15 Mar 2024 16:15:00 GMT
With the addition of a new laser tube cutting system, River City Metal Products has seen a remarkable uptick in productivity for its tubular rack
https://www.thefabricator.com/thefabricator/article/tubepipefabrication/tube-laser-positions-fabricator-for-future-growth


Nippon Steel & Sumitomo Metal Corporation - Press Release
steel usa uss
Fri, 15 Mar 2024 10:31:30 GMT
Statement about Acquisition of United States Steel Corporatio
https://www.nipponsteel.com/en/news/20240315_100.html


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.




free trial - steel industry news


Japan Metal Bulletin







steel industry feasibility study


metal expert witness support







latest steel sector media reports

SUBSCRIBE

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




Regional News and Industry Developments


South America Announcements



Anglo American acquires Brazil iron ore resource
brazil iron ore vale
Thu, 22 Feb 2024 00:00:00 GMT
Anglo American acquires Brazil iron ore resource Thursday, 22 February 2024 12:00 Anglo American has agreed to acquire the Serra da Serpentina iron ore resource owned by Vale SA into its Minas-Rio mine in


Vale Aims to Partner with Hydnum Steel on Green Steel Initiative ...
ghg spain steel vale
Fri, 09 Feb 2024 18:13:00 GMT
Brazilian mining company Vale has entered into a memorandum of understanding with Hydnum Steel, a Spain-based company, to collaborate


Vale Plans Iron Ore Plant Alongside Spanish Green Hydrogen-based ...
brazil ghg iron ore vale
Fri, 09 Feb 2024 00:00:00 GMT
Power Feb 09, 2024 Vale plans iron ore plant alongside Spanish green hydrogen-based steel project Brazilian mining major Vale has signed an agreement to explore building a co-located iron ore... View




South Asia Media Releases



Swachhta Pakhwada launched at RINL Joint Secretary, Ministry ...
india rinl steel
Sat, 16 Mar 2024 00:00:00 GMT
At a program held at the main conference hall of Administration building of Visakhapatnam Steel plant on 16 March 2024, Sri Atul Bhatt, CMD, RINL along with Dr. Sanjay Roy, Joint Secretary, Ministry


JSW Steel appoints Robert Simon as CEO of JSW USA
jsw steel
Wed, 06 Mar 2024 00:00:00 GMT
Before joining JSW USA, Simon consulted with several companies, including OmniTrax in Denver, Colorado, and also served as the chairman of the Steel Manufacturers Association in the USA, according to the


Valuation, margin pressure make CLSA cautious on steel companies
india iron ore results
Tue, 05 Mar 2024 00:00:00 GMT
The profit pool in India's steel industry should incrementally move towards miners (iron ore/coking coal) from 'converters' as steel capacity addition picks up pace, said




Africa Industry Headlines



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


ArcelorMittal South Africa in Talks to Avoid Closing Operations
arcelormittal labour south africa
Tue, 30 Jan 2024 14:26:00 GMT
ArcelorMittal South Africa is currently engaged in discussions with the government and labor unions in a concerted effort to prevent


Why Rio Tintos Guinea iron ore project is starting after 27 years
exploration guinea iron ore rio
Wed, 10 Jan 2024 00:00:00 GMT
Rio Tintos Simandou project in Guinea could finally be making progress after 27 years of consecutive delays. Rio Tintos Simandou iron ore project in Guinea is finally taking off after almost three decades of holding the licence, government turmoil and coups. The project is expected to include two iron ore mines, a trans-Guinean rail line and a deep water port. The mining giant, registered in the UK, had first obtained a Guinean exploration licence for the Simandou mountains back in 1997







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

Saint barbara mining and metals experts


Copyright © 2001 - 2024 Steelonthenet.com. All rights reserved.
Global steel industry news and analysis - steelmaking business intelligence reports.