EU imported 2.9 million tons of steel raw materials from Russia in H1 2024 The main volume is accounted for by steel semi-finished products, DRI and pig iron In January-June 2024, the European Union (EU) imported 2.87 million tons of steel raw materials of Russian origin. T...
US issues preliminary AD review results on corrosion-resistant steel from Taiwan The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on certain corrosion-resistant steel products from Taiwan. During t...
Russia's Severstal completes new roll-forming line for cold-formed sheet piles Russian steelmaker Severstal has announced that it has completed the construction of its roll-forming line for cold-formed steel sheet piles and cold-formed thick-walled steel channels at its Cherepov...
Two Indonesian companies to build first seamless pipe plant in SE Asia Indonesia-based steel pipe trading company PT Inerco Global International and Indonesian pipe producer PT Artas Energi Petrogas have signed an agreement with a value of IDR 5 trillion ($324.4 million)...
IFC to provide green financing to Indonesian steel producer The institution will also advise PT Gunung Raja Paksi Tbk on gaining access to green steel markets The International Finance Corporation (IFC), one of the World Bank Group’s institutions, has signed a...
Vietnam's Thua Thien Hue province awaits investors for green steel project The government of the Vietnamese province Thua Thien Hue has announced it has begun inviting investors for the construction of the Chan May green steel project, following the approval of the People's ...
US ITC launches sunset reviews on welded line pipe from China The US International Trade Commission (ITC) has announced that it has initiated sunset reviews of the antidumping and countervailing duties on circular welded carbon quality steel line pipe from China...
Japan's Nippon Yakin plans to capture demand for high-performance steel products in India Japan-based Nippon Yakin Kogyo, a producer of high-performance alloys and high-quality stainless steel, has announced that its board of directors has approved the establishment of a wholly-owned subsi...
Hydnum Steel and Euroports will cooperate in optimizing steel supplies in Europe The parties concluded a corresponding memorandum of understanding Hydnum Steel is the first green steel plant in Spain, and one of the leading port and logistics operators in Europe, Euroports, will c...
US steelmakers hope to restore demand in 2025 Demand for steel is expected to grow due to lower rates and the construction sector US steel industry executives are optimistic about a rebound in U.S. steel demand in 2025. This was discussed at the ...
Turkey’s Erdemir declared a special industrial zone This decision will contribute to the achievement of the target of zero emissions, as well as accelerate investments Erdemir, the largest steel producer in Turkey and part of the OYAK mining and metals...
Global coal demand to remain flat until 2025 – IEA The market driver is strong growth in demand for electricity in key economies Despite the rapid expansion of renewable energy sources, strong growth in electricity demand in key economies indicates t...
