In an attempt to bolster U.S. steel production and reduce dependency on foreign steel, President Joe Biden has imposed new restrictions on steel imports from Mexico…
On July 3, 2024, Italy marked a significant milestone in industrial innovation by launching its first trial using hydrogen to process steel products…
The United States Treasury Department has broadened its sanctions against Russian coal enterprises, including Elga, Coalstar, and the Mairykhsky open-pit mine…
The United States is set to experience a significant surge in coal-fired power plant retirements in 2025, dramatically reducing coal demand after a quieter 2024.
An accumulation of coking coal inventories in China is signaling broader market shifts, as miners grapple with reduced sales due to diminished demand from coking plants and traders…
China’s steel exports experienced a significant increase in May, registering a 15% rise year-over-year to reach 9.63 million tonnes, despite a slight dip from April’s figures…
At the Kallanish Europe Steel Markets 2024 conference in Milan, GMK’s chief executive Stanislav Zinchenko highlighted the potential for sustained raw materials prices in the latter half of the year, driven by robust demand from China and India…
China’s NDRC is launching a new plan which outlines specific goals to decrease energy consumption and enhance efficiency within major steel production processes.
Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023, global seaborne coal loadings escalated by 5.8% year-over-year, totaling 1,339.5 million tonnes…
China metallurgical coke producers are pushing back against price cuts of 50-55 yuan per ton suggested by major steel mills in Hebei province and Tianjin City.
European prices for hot-rolled coil (HRC) appear to be showing signs of stability, which is encouraging steel producers there to set the market higher.
Global steel product exports saw a significant increase in 2023, climbing 6.4% to 402.8 million metric tons (mt), as per the latest figures from the World Steel Association.