Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
Global Rebar Market Shows Weakness Amid Mixed Regional Price Movements
Global rebar market remains weak in May 2025 despite price gains in Turkey and China amid low demand worldwide.
EU Nearly Exhausts Annual Quota for Russian Pig Iron Imports in First Quarter 2025
EU pig iron imports from Russia almost hit the annual quota in Q1 2025 despite sanctions.
Nippon Steel to Invest $6 Billion in Electric Arc Furnaces for Carbon Reduction
Nippon Steel commits $6 billion to electric arc furnaces across three plants, aiming for major carbon emission cuts by 2029.
Turkey Increased Steel Production by 7% Year-on-Year in April 2025
Turkey’s steel production rose 7% in April 2025 despite challenges; pig iron output fell 11% year-on-year.
Recycled Steel Trade Patterns Shift in 2024: Key Insights from BIR Data
Recycled steel trade shifts in 2024 show changing export patterns and growing roles for new markets.
Outokumpu Supplies Grundfos with Circle Green Stainless Steel for Global Water Pumps
Outokumpu partners with Grundfos, supplying Circle Green stainless steel to reduce carbon footprint in water pump production.
Erdemir and Isdemir Unveil Major Investments for Sustainable Growth
Erdemir and Isdemir, part of Turkey’s OYAK Group, complete major investments with new facilities aimed at improving…
CBAM-Prompted Imports Could Deepen Oversupply in the EU Stainless Steel Market
The EU’s CBAM may lead to increased imports of stainless steel, worsening oversupply in the market by late 2025.
Kazakhstan to Enforce Steel Billet Export Ban
Kazakhstan plans to implement a six-month ban on billet exports to encourage domestic steel production and…
AISI Honors Collaborators with Automotive Excellence Award for Innovation in Weld Integrity
The American Iron and Steel Institute presented its Automotive Excellence Award to three collaborators for their innovative…
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