The Impact of Tariffs on the U.S. Steel Industry
20 Dec 2019
U.S. Commerce Secretary Wilbur Ross says U.S. Steel Corp.'s decision to close a giant plant in Michigan and lay off as many as 1,545 workers doesn't mean the import tariffs placed on steel and aluminum by President Donald Trump aren't working.
ArcelorMittal Initiates Payment For Essar Steel Acquisition
15 Dec 2019
ArcelorMittal initiates payment for Essar Steel acquisition - discussion of timing issues, uses of funds etc.
Cleveland-Cliffs CEO on AK Steel acquisition: The price is right
02 Dec 2019
Cleveland-Cliffs CEO Lourenco Goncalves joins CNBC's "Closing Bell" for an exclusive interview on Cleveland-Cliffs' acquisition of AK Steel.
Severstal CFO Expects European Steel Market to Recover in 2020
07 Nov 2019
Alexey Kulichenko, chief financial officer at Severstal, discusses the demand for Russian steel in the European auto sector, how the U.S.-China trade war impact his business and the industry, the Russian economy and consolidation in the Russian steel sector.
Serbian steel plant thrives after Chinese takeover
16 Oct 2019
Short video about the April 2016 takeover of the Zelezara Smederovo Steel Works in Serbia by China's HeSteel. Today, HBIS GROUP Serbia Iron & Steel produces close to 2 million tonnes a year of hot rolled coil, and the business is thriving.
ArcelorMittal Hamburg investigates hydrogen in steel production
12 Sep 2019
World first for steel: In early 2019, the ArcelorMittal plant in Hamburg started a project to use hydrogen industrially for the direct reduction of iron ore in the steel production process for the first time. A pilot plant is to be built in the coming years, which will initially produce 100,000 tonnes of pig iron per year. Already today, the Hamburg plant has one of the most efficient production processes of the ArcelorMittal Group due to the use of natural gas in a direct reduction plant (DRI). The aim of the new hydrogen-based process is to be able to produce steel with the lowest CO2 emissions.
Restructuring the Steel Market - Middle East Economic digest
07 Sep 2019
A discussion about recent changes in the UAE steel market from the perspective of traders in structural steel and steel rebar. The discussion touches on overcapacity problems, tight margins, and recent cyclical and structural changes in the UAE steel sector including the development of fierce competition and its impact on business cash flow.
US Steel will temporarily lay off hundreds of people at Michigan plant
21 Aug 2019
A discussion about the temporary layoffs to be imposed at United States Steel's Michigan plant as the U.S. is hit by lower steel prices and less demand.
Turkish pension fund set to buy UK steelmaker
16 Aug 2019
Turkey's military pension fund, OYAK, has signed a provisional deal to take-over British Steel as it plans to expand its footprint in the steel industry. The move comes after the UK steelmaker was forced into compulsory liquidation in May following months of financial pressure. The deal could save around 5,000 jobs.
Nucor CEO explains why he is 'very pleased' with the impact of steel tariffs
18 Jul 2019
Nucor's John Ferriola discusses with Jim Cramer the impact that the Trump administration has had on the flow of cheap Chinese steel into the country.
Message from the Chairman: Liberty acquires seven sites in Europe from ArcelorMittal
01 Jul 2019
Sanjeev Gupta welcomes employees of the former ArcelorMittal plants to Liberty and the GFG Alliance.
European Steel Day 2019: Transitioning to the future of EU industry
27 Jun 2019
Video clip of proceedings in Brussels on European Steel Day 2019.
How British Steel ended up on the brink
21 May 2019
The role of Greybull, carbon credits, iron ore prices and more...
ArcelorMittal publishes 2018 integrated annual review
29 Apr 2019
Annual review that outlines the Company's progress against four strategic priorities, namely: improving safety performance; achieving financial targets; delivering on the Action 2020 strategic plan; and integrating sustainability into the business.
Development and outlook of Chinese steel industry
26 Apr 2019
Presentation about the prospects for the Chinese steel sector from the 80th meeting of IREPAS (International Rebar Exporters and Producers Association).
Performance analysis - Bhushan Steel Limited (Tata Steel BSL)
19 Apr 2019
MoneyControl present an analysis of recent results of Tata Steel's newly acquired company.
ArcelorMittal Automates Its Financial Process with Robotic Process Automation
17 Apr 2019
ArcelorMittal, a Fortune 500 company and the largest steel manufacture in the world, explains how the business has benefitted widely from automation in their finance department. Currently, AcerlorMittal has over thirty RPA bots in production. Hear from Sandra Cassot, Financial Systems Manager how ArcelorMittal used Robotic Process Automation to standardize processes, save time, and improve quality of deliverables. The simplicity of the software has enabled business teams to work daily with bots to manage the processes they own more effectively.
Stelco pushes PM for help in dealing with 'changing landscape' for steel
12 Apr 2019
Canadian steel producer Stelco is looking for more support from the federal government as the country's steel and aluminum producers grapple with punishing U.S. tariffs imposed on exports of their products south of the border. Stelco Holdings Inc. president and executive chairman Alan Kestenbaum met with Justin Trudeau in Ottawa Thursday. While he thanked the prime minister for his government's support of the metals industry since the imposition of American tariffs last year, Kestenbaum said steel producers are now facing new pressures.
Alistair Ramsay of Fastmarkets speaks about the outlook for iron ore prices
05 Apr 2019
A discussion about future supply and demand for iron ore, including iron ore inventory levels and developments in the Chinese steel sector.
Why the steel industry is worried about Brexit
21 Mar 2019
It's an industry that has a long and proud history, but experts say the threat of a no-deal Brexit could have big consequences for the British steel sector.
ArcelorMittal bags Essar Steel as NCLT Ahmedabad clears Rs 42,000 cr takeover bid
08 Mar 2019
The National Company Law Tribunal (NCLT) today cleared ArcelorMittal's Rs 42,000 crore resolution plan for the takeover of Essar Steel. ArcelorMittal, which has been engaged in a drawn-out attempt to acquire Essar Steel since 2017, had made a Rs 42,000 crore offer for the bankrupt Essar Steel.
A Fossil Free Steel Industry - Lulea Sweden
21 Feb 2019
A progress report on the SSAB / LKAB / Vatenfall hydrogen steelmaking initiative.
Price premiums boosting quality-focused Kumba Iron Ore
19 Feb 2019
South Africa's Kumba Iron Ore, which stands head and shoulders above its peers when it comes to iron-ore quality, is achieving major price premiums well above historical heights.
Iron ore market braces for higher prices
10 Feb 2019
In metals, a few market players are bracing for iron ore prices to touch 100 dollars per dry metric tonne in the near term.
Ross Strachan of Capital Economics on shortfall of supplies in iron ore
08 Feb 2019
Ross Strachan, Senior commodities economist at Capital Economics talks about all the happenings of the week including the iron ore dam crisis in Brazil
Tata Steel arm inks pact with China firm to divest stake in Southeast Asia business
28 Jan 2019
Tata Steel Monday said that its step-down subsidiary, TS Global Holdings Pte Ltd (TSGH), has signed definitive agreements with the Beijing-based HBIS Group to divest a majority stake in its Southeast Asia business.
"TSGH has executed definitive agreements with HBIS Group Co Ltd controlled entity to divest its entire equity stake in NatSteel Holdings Pte Ltd ('NSH') and Tata Steel (Thailand) Public Company Ltd ('TSTH')" the steel maker said in a regulatory filing.
As per the agreements, the divestment will be made to a company in which 70 per cent equity shares will be held by an entity controlled by HBIS and 30 per cent by TSGH.
Hundreds still missing after Brazil dam collapses in Brumadinho
26 Jan 2019
At least 40 people have died from a dam collapse in south-east Brazil and the death toll is expected to rise, authorities say.
Officials from the Minas Gerais fire department say 23 people have been hospitalised and around 300 are missing after the disaster in the city of Brumadinho.
President Jair Bolsonaro, who headed to the scene on Saturday, described the collapse as a tragedy.
JSW Group's Expansion Plans
22 Jan 2019
Sajjan Jindal at the World Economic Forum in Davos discusses JSW group plans to expand capacity to 40 million tonnes organically by 2025. Jindal seeks safeguard duties on steel imported from countries with free trade agreements.
Canadian steel giant to receive $150M as U.S. tariff anxiety grows
10 Jan 2019
Some relief is coming for the Canadian steel industry as the country's second biggest steel maker will receive $150 million in federal and provincial funding in the form of grants and loans.
The announcement comes as Ontario-based Algoma Steel emerges from three years of bankruptcy protection and is facing American tariffs that seem to have no end in sight.
Nippon Steel & Sumitomo Metal Corporation asset seizure approved
08 Jan 2019
A group of South Korean plaintiffs are pushing to seize the Korea-based assets of a Japanese steelmaker over Tokyo's policy of forcing Koreans to labor for little to no pay during its colonial rule of the Korean Peninsula.
In the latest developments, a court has approved seizure of Nippon Steel & Sumitomo Metal Corporation's assets.