Category: Steel
Vale Reports 4.5% Decrease in Iron Ore Production in Q1 2025, Despite Sales Growth
Vale’s iron ore production dropped by 4.5% in Q1 2025, but the company’s sales grew by 3.6%, supported by strong…
Turkey Exhausts EU Steel Import Quotas for Q2: A Strategic Shift in Steel Trade
Turkey has exhausted several EU steel import quotas for Q2 2024, particularly for rebar, wire rod, and…
Nucor Cuts Hot Rolled Coil Prices for the First Time in 2024
Nucor has lowered its hot rolled coil prices for the first time in 2024, signaling potential shifts in U.S….
Global Stainless Steel Production Increased by 7% in 2024
Global stainless steel production rose by 7% in 2024, led by China’s continued dominance and strong output from Asia.
POSCO Explores Partnership with Hyundai Steel for $5.8 Billion Steel Plant in Louisiana
POSCO is considering joining Hyundai Steel’s $5.8 billion project in Louisiana to build a steel plant. This potential…
Shandong Aipurui Steel Plate Co. Ltd Plans Steel Plant in Uzbekistan’s Ferghana Region
Shandong Aipurui Steel Plate Co. Ltd plans to build a $120 million steel plant in Uzbekistan’s Ferghana region. The project will…
China’s Steel Exports Surge by 6.3% in Q1 2025, Iron Ore Imports Decline
China’s steel exports saw a 6.3% increase in Q1 2025, reaching a record high of 27.43 million tons. Despite a decrease in…
Global Steel Dynamics Forum 2025: Key Insights into the Steel Industry
The Global Steel Dynamics Forum 2025 will take place in New York on June 17-18, offering critical insights into…
Ukraine Steel Exports Show Significant Growth in Early 2025
Ukraine’s steel exports grew 3.3% in Q1 2025, with hot-rolled flat products dominating. Key markets include Poland, Bulgaria,…
UK Government Takes Emergency Control of British Steel
The UK government steps in to prevent the closure of British Steel’s last blast furnaces, securing the future of steel…
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