In January-March 2025, Turkey reduced imports of iron & steel products (iron ore, pig iron, ferroalloys, semi-finished products, scrap, rolled steel) from Ukraine by 64.3% compared to the same period in 2024, to 150.54 thousand tons. This is based on GMK Center’s calculations based on the State Customs Service data.

The company continued the complete production halt that was already observed in the third and fourth quarters of 2024. In Q2 2024 the company reported 133,000 tonnes of output and in Q1 2024 it produced 142,000t.

On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $470/tonne fob China, down $15/t week-on-week. The most-traded, May 2025 rebar contract meanwhile closed at CNY 3,092/t ($423/t), down by CNY 47/t from a week before.

Qatar Steel hosted the 10th meeting of the Economic Committee of the Arab Iron and Steel Union in Doha, Qatar, from April 14 to 15.

The report provides an update on the progress made in 2024 on the Company’s most material sustainability topics, which include safety, decarbonisation, the environment, biodiversity, and people. It also contains the first update on the implementation of the dss+ safety recommendations, published in October 2024 following the completion of the nine-month Group-wide audit.

The March volume, largely in line with analysts' forecasts, suggested average daily output of about 2.99 million tons, versus 2.82 million tons over January-February and 2.85 million tons in March 2024, according to Reuters calculations based on the data.

Construction of the steel plant will take place in three stages, with the first phase scheduled to launch in October of this year. The Chinese investors told local officials the plant will be equipped with modern machinery and innovative technologies. The project is expected to create 500 jobs.

2025-ci ilin yanvar-mart aylarında Azərbaycanda metal filizləri hasilatının dəyəri 133,7 milyon manat olub.

Metallurgiya sənayesi və hazır metal məmulatlarının istehsalı sahələrində 2025-сi ilin yanvar-mart aylarında 285,6 milyon manatlıq məhsul istehsal olunub. Əvvəlki ilin müvafiq dövrü ilə müqayisədə metallurgiya sənayesi məhsullarının istehsalında 8%, hazır metal məmulatlarının istehsalı sahəsində isə 18,1% azalma müşahidə olunub.

Most Polish mills were aiming to sell May production rebar at 2,700 zloty ($703) per tonne CPT, with only one small supplier heard offering the material at 2,600 zloty per tonne CPT, sources said.

In January-February, the country exported more than 11.8 thousand tons of ferrous metals and goods made from them, with a total value of $11.7 million. This represents a 66.9% rise in value and a 68.8% increase in volume compared to the same period in 2024.

The country's January-February output was just 82,000t, or 57.6% lower y-o-y, with February representing 40,000t. The monthly volume dropped 2,000t from January and 56.7% compared with 92,000t in February 2024, according to World Steel Association data.

Sources indicates there are essentially no interesting HRC import offers available, with the exception of Turkey, which is priced at €600/t cfr Italy duty paid.

The bill provides the government with the power to direct steel companies in England, which we will use to protect the Scunthorpe site,” it said. “It enables the UK government to preserve capability and ensure public safety.

In 2024, the share of the mining and metals sector in the economy increased due to growth in steel production (+21.5%) and iron ore production (+55.2%). Stable operation of the sea corridor enabled exports from Ukraine’s Black Sea ports, which determined the positive dynamics of output in the steel industry. According to the Ministry of Economy, Ukraine’s economy grew by only 3.6% in 2024.

"U.S. Steel is going to do very well now because of tariffs," he continued, referring to his administration's tariff policy. "I don't know why they're going to deal (with Nippon Steel)."

India was a net importer of finished steel during the financial year that ended in March, provisional government data reviewed by Reuters showed on Tuesday.The world's second-biggest crude steel producer imported 9.5 million metric tons of finished steel during April-March, up 14.6% from a year before, the data showed. 

Iron ore futures declined for a third consecutive session on Tuesday, as the escalating tensions in trade between the U.S. The price of the most traded May iron ore contract at China's Dalian Commodity Exchange dropped by 3.15%, finishing at 738.5 Yuan ($100.73).

Jingye, the Chinese company that bought British Steel out of receivership in 2020, rejected a £500 million offer of public money as talks with the government broke down.

The Chinese-owned group is thought to have requested £1bn or more from ministers - double the amount handed to Tata Steel, owner of the Port Talbot steelworks in South Wales, last autumn.

At SIJ Group, we support the Steel and Metals Action Plan, which underscores the strategic importance of the European steel industry to the EU’s sovereignty, security and competitiveness. Steel plays a vital role in numerous value chains across the European Union.

The President proposed to create a Regional Research Center for Rare Earth Metals in Astana, which could become a source of up-to-date information for enterprises and investors about available deposits, technologies and their development

Rare earth metals are an important area for cooperation, and, of course, we have begun discussions on various rare earth metals and projects in Russia