At the recent UK Metals Expo, Bridgnorth Aluminium (BAL), the UK's leading flat-rolled aluminium coil manufacturer, showcased the impressive talents of its apprentice engineers. Oliver Greenhalgh and Sam Foster, first-year apprentices at BAL, captivated visitors at the industry's largest exhibition with their innovative steam train model, crafted entirely from scrap metal.

Tata Steel has halted traditional steel production at its Port Talbot facility, which has operated for over 100 years, leading to thousands of job losses and a transition toward green steel production.

India's iron ore production increased by 7.4% to 116 million metric tonnes in the first five months of the fiscal year, indicating strong demand in the user industry, according to the Mines Ministry.

Demand for rebar and wire rod in Southern Europe remains weak due to cheap imports, high feedstock costs, and minimal construction activity, leading to stable yet pressured prices in the market.

Severstal has successfully established a roll-forming line for cold-formed steel products at its Cherepovets plant, marking a significant investment aimed at enhancing domestic production and reducing import reliance in key sectors.

The EU imported 2.87 million tons of steel raw materials from Russia in the first half of 2024, driven by competitive pricing and limited sanctions, despite efforts to reduce reliance on Russian products.

US steelmakers have petitioned for antidumping and countervailing duties on imports, citing increased production abroad as a threat to the domestic industry.

The Russian steel industry, as outlined by Minister Alexey Abrosimov, is set for growth in production and competitiveness, driven by rising domestic demand and Amurstal's expansion plans.

The European economy's recovery is hindered by the aftermath of the 2022 crisis, with divergent growth among member states and a heavy reliance on the EU market for Ukraine's exports, particularly in the iron and steel sector.

In August 2024, Kazakhstan's steel production rose by 7.3% year-on-year, reaching 341,940 tons, although it saw a 3.6% decrease compared to July. From January to August, total steel output increased by 9.4% to 2.78 million tons, with flat product production growing 24% to 2.03 million tons.

POSCO and Primetals have announced a partnership to develop a HyREX plant, focusing on hydrogen-based steel production technology.

Egypt’s iron and steel exports fell by 15% from January to August this year, totaling $1.368 billion, with Italy, Spain, and Turkey being the top importers.

Stegra has secured around €100 million from Sweden's Industrial Leap Fund to enhance its green steel production plant in Boden, which will have a capacity of 2.4 million metric tons annually and is expected to commence operations in 2026.

ArcelorMittal successfully removed the Olympic rings from the Eiffel Tower, preparing for winter, while the rings will be recycled into steel beams for its new headquarters in Luxembourg, highlighting the company's commitment to sustainability.

AM/NS India is positioned to meet rising steel demand in India with a focus on expansion and sustainability.

Global crude steel production fell 1.5% y-o-y to 1,251.1 million tonnes (mnt) over January-August 2024, as per worldsteel data.

USM Group plans legal action after Ukraine’s anti-corruption court confiscated 165,000 tonnes of iron ore belonging to its trading arm.

Turkish mills raised prices, but high rates weakened demand, though China’s recovery offers market optimism

India's finished steel imports from China hit a seven-year high, while domestic demand grew but exports dropped significantly.

The U.S. and Mexico introduced stricter import rules to prevent Chinese-made steel and aluminum from bypassing tariffs, aiming to strengthen North American supply chains and protect domestic industries.

Japan and South Korea have initiated anti-dumping measures against Chinese steel amid growing concerns over the impact of cheap imports, with Japan seeking to expand duties and South Korea launching an investigation into stainless steel plates.

Japan, Vietnam, and Taiwan are set to exceed their safeguard duty-free allowances for hot-rolled coil (HRC) exports to the EU by October 1, while the European steel producers' association calls for stricter import restrictions amid record HRC imports this year.

As of August 2024, global steel production showed a decline in some regions and an increase in others, based on data covering approximately 98% of total production from 71 countries.

Tata Steel and the UK Government have signed a £500 million grant agreement for a new Electric Arc Furnace at Port Talbot, representing a £1.25 billion investment aimed at revitalizing the UK steel industry amidst challenging market conditions.