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The small facility, employing a workforce of 70, specialises in processing flat galvanised steel into pre-painted products, serving the construction and appliance sectors.
The level and nature of support by EU Member States vary, reflecting different levels of fiscal resources. In the last two years, several Member States, including Belgium, Germany, Finland, France, Spain and Sweden, have decided to use public money to facilitate the transition of their ironmaking capacity towards climate-neutral technology.
The market is in wait-and-see mode – there’s a lot of turbulence right now with fluctuating currencies, tariffs, and prices. It’s difficult to make offers today when you might regret the price tomorrow, so everyone is staying quiet
China's crude steel output in the first two months of 2025 slid 1.5% from a year earlier, official data showed on Monday, despite better margins and stronger exports.
Without strong self-rescue measures, improving the company's financial situation amid the severe domestic and global crises would be extremely difficult
U.S. President Donald Trump increased tariffs on steel and aluminium imports to 25% last week, prompting the EU to announce tariffs on up to $28 billion worth of American goods.
The value of Egypt’s iron and steel imports increased by 20.9% in 2024, reaching $5.179 billion, compared to $4.285 billion in 2023.
It is essential that the UK Government not only continues efforts to negotiate exemptions with the US, but also takes decisive action to bolster our trade defences. We greatly appreciate all the efforts that have been made so far and will continue working closely with our Government to secure the best possible outcome
The United States has started levying a 25% tariff on imports of Ukrainian steel products except for pig iron, according to President Donald Trump's decision, Ukrainian media said citing the Ukrainian government.
A pre-disclosure to the EU's anti-dumping investigation found no dumping on hot-rolled coil (HRC) imports from India, while imposing provisional duties on Egypt, Japan and Vietnam in a range of 6.9-33% from 7 April
While $20 billion is a lot, it’s not a huge amount, but it will give an incentive to fortify the infrastructure to build ships and that capability is definitely missing in the US,” a steel plate distributor said.
Less than two months after issuing a preliminary anti-dumping (AD) ruling on hot-rolled stainless steel plates from China, South Korea's Ministry of Economy and Finance has decided to impose four-month provisional AD duties on the products ahead of the final ruling, according to a Legislative and Administrative Notice released on March 7.
The proposed amendments to EU safeguards include new caps for carbon steel, but there appears to be no indication of additional import restrictions for stainless steel coils and long products.The proposed amendments to EU safeguards include new caps for carbon steel, but there appears to be no indication of additional import restrictions for stainless steel coils and long products.
The key suppliers of raw materials in December are the United States – 304.55 thousand tons (-24.4% y/y), the Netherlands – 240.03 thousand tons (+1.6%), the United Kingdom – 246.31 thousand tons (+220.1%), Lithuania – 151.56 thousand tons (0 thousand tons in December 2023), Belgium – 189.64 thousand tons (+138.7%).
Brazilian producers are offering CRC of basic commercial grades in medium to large volumes at BRL 6,180/mt ($1,062/mt), down from BRL 6,300/mt two weeks ago, ex-works, excluding IPI taxes.
In 2024, the EU exported iron and steel and related articles worth €77.8 billion and imported €73.1 billion, resulting in a trade surplus of €4.7 billion. Compared with 2019, there was a substantial increase in the trade of these products: exports rose by 15.2% (+€10.3 billion), and imports increased by 23.7% (+€14.0 billion).
China Steel Corp.(CSC) is expected to increase its April rate, and more and more downstream manufacturers are rushing to replenish before the new price announcement. 
Leading European steelmaker ArcelorMittal has scheduled maintenance on blast furnace (BF) No. 4 at its Dunkirk plant as part of its €270m investment plan at French sites Dunkirk and Fos-sur-Mer, the company confirmed to McCloskey on 11 March.
Trump agreed in February to consider exempting Australia from the tariffs in view of the U.S. trade surplus with the country, following a phone call with Australian Prime Minister Anthony Albanese.
Uzbekistan's Central Bank purchased 8 tons of pure gold in January 2025, increasing its total gold reserves to 391 tons, according to the World Gold Council (WGC).
Five new nonferrous metal enterprises worth approximately $85.6 million will be commissioned in Kazakhstan later this year, according to the Kazakhstan Industry and Export Center QazIndustry.
NEW DELHI, March 5 (Reuters) - ArcelorMittal's India joint venture has warned it may have to severely curtail steelmaking in the country and delay its expansion plans due to New Delhi's import restrictions on a key raw material, a company letter to the government showed.
GWANGYANG, South Jeolla Province — Red-hot steel slabs heated to 1,200 degrees Celsius were conveyed on rollers below gigantic press machines at POSCO's steel mill in the southern port city of Gwangyang on Wednesday.
Metinvest Group has won awards in two nominations of the best employers in Ukraine according to Oboz.ua – “A Place for Heroes” with a veteran program and “A Place for the Ambitious” with Metinvest Polytechnic University and retraining programs.