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News

Latest blog posts

meta  30/10/2024
UK expands HR flat steel import quota
The UK government has announced that it has accepted the Trade Remedies Authority's (TRA) recommendation to vary the tariff rate quota (TRQ) on imports of non-alloy and other alloy hot rolled flat steel (Category 1) steel products by splitting Category 1 to form Categories 1A and 1B and expanding the import quota for the given products, effective from October 1, 2024.
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meta  05/10/2024
US Steel assesses economic impact of Nippon Steel’s proposed $1 billion investment
United States Steel Corporation (NYSE: X) ("U. S. Steel") released a new economic impact analysis today, conducted by Parker Strategy Group, that assesses how the proposed $1 billion investment committed by Nippon Steel Corporation ("Nippon Steel") to modernize U. S. Steel’s Mon Valley Works following the closing of the pending merger with U. S. Steel would generate a significant economic impact in Pennsylvania.
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meta  30/10/2024
China’s steel demand may grow outside the real estate sector
China’s steel demand from the real estate industry could rise if Beijing continues measures to support it. It could also improve outside that sector, according to a column by columnist Clyde Russell for Reuters.
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meta  29/10/2024
Indian steel majors best-placed producers globally: Nomura
India's steel industry is set to expand significantly over the next few years, with plans to add around 23 million tonnes (MT) of crude steel capacity between FY24 and FY27, according to a report by Nomura.
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meta  29/10/2024
EU imported 76.1 million tons of steel products from third countries in January-July
The main share of imports is iron ore – 44.1 million tons
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meta  29/10/2024
On the 20th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for a firm action plan for steel
On the occasion of the 20th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for European Union support for emergency trade measures, and a firm action plan for steel, to keep steelmaking alive in Europe.
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meta  29/10/2024
Gold shines as safe haven amid Middle East tensions
Global gold prices surged today, driven by escalating political tensions in the Middle East, as investors turned to the precious metal as a safe haven.
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meta  29/10/2024
Scrap Metal Recycling Market Size, Share & Industry Analysis
The global scrap metal recycling market size was valued at USD 407.02 billion in 2023. The market is projected to grow from USD 420.83 billion in 2024 to USD 568.76 billion by 2032 at a CAGR of 3.8% during the forecast period. Asia Pacific dominated the scrap metal recycling market with a market share of 51.29% in 2023.
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meta  07/10/2024
Hyundai Steel aims to reduce BF carbon emissions
UK-based plantmaker Primetals Technologies has announced that it will conduct a blast furnace gas injection study for South Korean steelmaker Hyundai Steel.
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