Luciano Giua: Resolving global excess capacity is key to steel market recovery At the beginning of the SteelOrbis Fall 2024 Conference & 91st IREPAS meeting held in Paris on September 15-17, Luciano Giua, economist and policy analyst at the Organization for Economic and Cooperat...
IREPAS chairman: Global long steel market becoming more and more unstable Murat Cebecioğlu, chairman of IREPAS, the global association for longs producers and exporters, has given the welcome speech at the SteelOrbis Fall 2024 Conference & 91st IREPAS Meeting taking place i...
US steel industry requests stricter trade measures The American Iron and Steel Institute (AISI) has stated that the US government needs to update its current trade laws to tackle dumping, circumvention and other unfair trade practices, while drawing a...
British steel industry calls for faster implementation of CBAM analogue Steel producers are concerned that dumped steel may be diverted to the country The UK government is to synchronise with the EU the introduction of its own cross-border carbon tax mechanism, postponing...
China’s steel exports provoke increased protectionism in the world There are no signs of easing tensions in the global steel trade in the near term /Due to weak domestic demand, China has been rapidly increasing steel exports to many regional markets over the past tw...
Poland’s JSW again cuts its coal production plan for 2024 Currently, the forecast is 12.45 million tons Polish coking coal producer Jastrzebska Spolka Weglowa (JSW) has revised its 2024 coal production forecast to 12.45 million tonnes due to a longer-than-ex...
Consumption of steel products in Ukraine decreased to 2.3 million tonnes in January-August More than 36% or 833.1 thousand tons is imported Ukraine reduced consumption of steel products (rolled and semi-finished products) by 1.5% in January-August 2024 compared to the same period in 2023, t...
US DOC initiates AD/CVD investigations on CORE steel from 10 countries The US Department of Commerce (DOC) has initiated an antidumping duty investigation on corrosion-resistant steel products from Australia, Brazil, Canada, Mexico, Netherlands, South Africa, Taiwan, Tur...
China's JISCO orders new heavy plate mill from SMS Group German plantmaker SMS Group has announced that Chinese steelmaker Jiugang Group Hongxing Iron & Steel Co., Ltd (JISCO) has ordered a new heavy plate mill for its production facility. Accordingly, with...
US Steel launches ZMAG coated steel product for harsh conditions The US-based steelmaker United States Steel Corporation (US Steel) has launched a new carbon flat rolled steel product under the brand ZMAG coated steel. ZMAG steel, which is stronger, more resilient,...
India has extended countervailing duties on pipes from China and Vietnam The safeguard measure for these products will remain in effect for another five years India’s Ministry of Finance has announced a five-year extension of the anti-subsidy duty on imports of welded stai...
Current prices for imported electricity are a problem for Ukrainian steel industry – CEO of Metinvest Crossing access auctions are sensational, and the country needs long-term contracts Electricity prices in Ukraine in the conditions of its deficit are a problem for the iron and steel industry, and au...
