Imbalance between steel supply and demand will stabilize in 2022
The outlook for the global metals and mining industry has been changed from positive to stable, Moody’s Investors Service says
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Steel
Manufacturing sector data reflects the impact of unrest in July
JOHANNESBURG – The Steel and Engineering Federation of Southern Africa (SEIFSA), says the manufacturing production and sales data reflects the
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Global Manufacturing: V-Shaped Recovery and Implications for the World
Global manufacturing contracted sharply in the spring of 2020. Unlike during the global financial crisis, however, the decline was short-lived,
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Optimism Surrounds Likely End to EU US Steel Trade Tensions
BRUSSELS – European Commissioner for Trade said that he has become more optimistic that the bloc could resolve its dispute
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Production and sales data in the manufacturing sector is encouraging
JOHANNESBURG – The improvement in Metals and Engineering (M&E) production and sales is encouraging as it indicates the economy is
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Carbon border tax will violate international trade principles
China’s Ministry of Ecology and Environment spokesman Liu Youbin said that the European Union’s plan to impose the world’s first
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June 2021 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 167.9 million tonnes (Mt)
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Steel construction material sales improve in these challenging times
JOHANNESBURG – The improvement in the sales of construction and building material is encouraging amid the challenging economic environment, the Steel
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Steel body says there’s continued improvement in manufacturing sector
JOHANNESBURG – The continued improvement in manufacturing sector production and sales data is an indication of sporadic signs of economic recovery
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Steel rising costs will hit solar construction
Prices for polysilicon and steel are rising sharply, putting upward pressure on solar costs. Utility-scale projects will be the most
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Trident Steel becomes steel services centre
Trident Steel, recorded increased profitability at 31 December 2020 following a strategic shift to focus the business unit as a
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AI used to design high performance steels
Over time, steel has gradually improved through a trial and error experimental approach, but it is inefficient, time consuming and
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May 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 174.4
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ArcelorMittal seeks EU approval to buy Gupta’s French steel assets
Business Standard reported that ArcelorMittal is seeking approval from European Union regulators after bidding to buy French steel assets from
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EU plans to impose carbon emission costs on imports of steel
According to documents obtained by French online media Contexte, the European Union plans to impose carbon emission costs on imports
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April 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5
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World steel production shoots up by 15.2% in March 2021
World crude steel production for the 64 countries reporting to the World Steel Association was 169.2 million tonnes in March
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AMSA to boost steel output to meet shortage in SA
Africa’s largest steel producer ArcelorMittal South Africa in its 2020 integrated annual report said that it is committed to addressing
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FEATURED: Short range outlook for steel
The World Steel Association (worldsteel) has released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel
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Gupta’s steel operations in Australia face closure
SYDNEY – Investment bank Credit Suisse has launched legal action that could potentially put the Whyalla steel mill and other
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Steel and aluminium tariffs protected jobs in the United States
Gina Raimondo, US Commerce Secretary, while speaking at a White House Briefing, said that steel and aluminium tariffs imposed by
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Steel, iron ore prices in China climb to record highs
Chinese steel prices jumped to record highs on Tuesday, boosted by strong domestic demand and concerns over supply curbs. Construction
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Steel prices at record high due to strong demand
Steel prices in the world are at an all-time unprecedented high due to strong growth in steel demand from China,
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Multi Alloys operations merge with EMVAfrica
Multi Alloys, the leading stockholder and supplier of special alloys in South Africa, has announced that its business shall merge
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New Walvis Bay port expansion anchored in steel
A new, high-volume modern cargo handling facility has been built on reclaimed land in Namibia, doubling capacity and transforming international
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World crude steel production increases 4.1% in February 2021
Global crude steel production for the 64 countries reporting to the World Steel Association was 150.2 million tonnes in February
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Hot rolled coil at record high amid tight supply
Amid tight supply conditions, prices of benchmark HRC are continuing to surge in many parts of the world. Reports suggest
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BHP economic outlook for steel and associated commodities
As in the macroeconomic sphere, the deployment of vaccines in key economies, albeit with some uncertainty as to timing and
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SINOPEC invests in state-of-the-art spiral pipe plant
SINOPEC Shashi Steel Pipe Works (SINOPEC SSPW) has placed an order for the supply of a spiral pipe plant for
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EU assesses safeguarding measures on steel imports
The European Commission has initiated an investigation to assess whether the safeguard measure currently in place on imports of certain
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