Nippon Steel confident of completing acquisition of U.S. Steel
January 8, 2024
Nippon Steel President Eiji Hashimoto said that despite opposition the company is still confident of completing the acquisition of U.S. Steel.
Tag: Steel
China’s steel sector awaits demand rebound
January 6, 2024
China’s crude steel output may stay at its current high levels or even rise marginally in 2024 thanks to stimulus-fuelled demand growth
China’s Blast Furnace capacity use falls to 15-mth low
January 5, 2024
The blast furnace capacity utilization rate among Chinese steel producers had fallen for the 10th consecutive week to 81.59%
Salzgitter Restarts Blast Furnace After Revamp
January 4, 2024
German steelmaker Salzgitter has successfully restarted its blast furnace No. 2 after a comprehensive modernization project
Mexico Imposes 80% Tariff on Vietnamese Steel Amid Trade Tensions
January 4, 2024
Many accuse China of dumping excess steel in the Mexican market through Vietnamese companies which are proxies for these Chinese firms
China steel exports to exceed 90 mmt in 2023
January 4, 2024
China’s steel exports are expected to exceed 90 million tonnes in 2023, while steel imports may reach about 7.6 million tonnes
Chinese Steel Demand to Rise in 2024 while Output Dips
January 3, 2024
The Chinese steel industry is in the process of shifting from volumes play to quality with a focus on niche markets.
10 key themes for steel & ferro-alloys in 2024
January 3, 2024
The steel industry has long been a symbol of global economic might. But as we peer into 2024, the landscape appears more nuanced than ever
Fundamentals weigh on China steel prices in Jan
January 2, 2024
Chinese steel prices will likely face downward pressure this month as mismatch between domestic steel supply and demand is becoming evident
China’s 2024 ‘Blue Sky War’ to add uncertainty to iron and steel markets
January 2, 2024
China’s has set a two-year action plan for cleaner air, and a comprehensive strategy to improve air quality
Steel Boom in India: Strong Present, More Modest Future
January 2, 2024
India’s steel industry has been riding a wave of high demand for three years now, with growth reaching double digits.
Brazil Steel Sector to Face Tough 2024
December 30, 2023
Brazilian steel production is likely to face another hard year in 2024 as traders and producers forecast more cheap imports