steelmaker

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The northwest European hot-rolled coil (HRC) market is slowly starting to follow the lead set by Italian prices, while the latter have paused given constant increases in import offers.
News ID: 7551    Publish Date : 2019/11/25

Production at Ilyich Steel's recently relaunched flat products mill remains suspended owing to technical issues that occurred on 14 November, but its aim to start hot-rolled coil (HRC) production this year remains unchanged.
News ID: 7505    Publish Date : 2019/11/22

Canadian steelmaker Stelco plans to construct a new pig iron facility that will begin shipments by the third quarter of 2020.
News ID: 7482    Publish Date : 2019/11/15

Domestic supply of ferrous scrap in Ukraine remained below steelmaker s' requirements, despite the introduction of a higher scrap export duty in April, driving mills to seek seaborne material.
News ID: 7458    Publish Date : 2019/11/14

Imported HRC market in Vietnam has observed some deals being concluded last week. A confirmed trade deal heard of around 30,000-40,000 MT of HRC booked by a major Indian steelmaker . However, the deal price could not be confirmed at the time of reporting this article.
News ID: 7422    Publish Date : 2019/11/11

Bangladesh's bulk scrap market has remained quite active over the last one month with several bulk vessel bookings for November and December shipments being concluded, despite of the ongoing uptrend in prices.
News ID: 7413    Publish Date : 2019/11/08

International steelmaker ArcelorMittal will temporarily shut its blast furnace in Krakow, Poland, on 23 November until steel demand recovers.
News ID: 7378    Publish Date : 2019/11/12

More US flat-rolled steel producers pushed price increases of $40/st today after electric arc furnace (EAF) steelmaker Nucor and integrated steelmaker ArcelorMittal announced price hikes yesterday.
News ID: 7314    Publish Date : 2019/11/08

Luxembourg-based ArcelorMittal has today notified the Italian government of its intention to withdraw from the lease agreement for steelmaker Ilva, giving the extraordinary commissioners 30 days to take responsibility for the assets.
News ID: 7117    Publish Date : 2019/11/04

Integrated steelmaker US Steel said it will prioritize buying the remaining shares of electric arc furnace (EAF) steelmaker Big River Steel, a day after its initial 49.9pc stake purchase closed.
News ID: 7063    Publish Date : 2019/11/01

Ukrainian steelmaker Metinvest does not expect global steel markets to recover until at least the second half of next year, chief executive Yuriy Ryzhenkov told Argus today on the sidelines of the European Steel Conference convened by World Steel Dynamics in Milan.
News ID: 7021    Publish Date : 2019/10/30

Integrated steelmaker ArcelorMittal announced a $40/st price increase today for US flat-rolled products, the first price increase since July.
News ID: 6950    Publish Date : 2019/10/24

Iran's biggest steelmaker Mobarakeh Steel Company's sales in the domestic market are expected to exceed 350 trillion rials ($3.07 billion) by the end of the current fiscal year (March 19, 2020), says the managing director of the company.
News ID: 6842    Publish Date : 2019/10/21

Integrated steelmaker US Steel is working to transform itself as it takes the plunge into scrap-fueled electric arc furnace (EAF) steel production, at a time when the steel market is slowing along with the global economy in the face of trade-war headwinds.
News ID: 6619    Publish Date : 2019/10/11

In recent conversations with industry participants, SteelMint learned that imported scrap prices to South East Asia have moved down significantly over the last 2 weeks, amid recent global downturn and slow demand domestically.
News ID: 6444    Publish Date : 2019/09/10

Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced another price cut for all grades of domestic steel scrap procurement by RMB 30/MT (USD 4) effective from today 8th Aug’19. Notably, this is the second successive price lowering announced this week.
News ID: 5974    Publish Date : 2019/08/16

Global ferrous scrap prices remained majorly rangebound on limited trades being reported. Turkey steelmaker s remained totally silent, however, increasing domestic scrap prices in US and expected improvement in the Japanese scrap prices likely to pull spot scrap prices up in the coming days. Chinese scrap prices hit a record high with the recent hike announced for domestic scrap purchase by Shagang Steel.
News ID: 5767    Publish Date : 2019/08/06

The European steelmaker s association – EUROFER has recently lowered their outlook for real and apparent steel consumption for rest of the year.
News ID: 5550    Publish Date : 2019/07/29

A court in Egypt has overruled objections by the government to the overturning of steel billet import sanctions, meaning the 15pc duty cannot be charged.
News ID: 5230    Publish Date : 2019/07/16

China’s major steelmaker Baosteel recently announced flat steel prices for June deliveries. The company has rolled over its flat steel prices for second consecutive month.
News ID: 4541    Publish Date : 2019/05/16