Category: Steel
Ukrainian Steelmakers Cut Semi-Finished Product Exports by 35% in Q1 2025
Ukrainian steel exports declined by 34.8% in Q1 2025, mainly due to reduced demand from traditional markets. Poland emerged as…
EU Greenlights Retaliatory Tariffs on U.S. Steel and Aluminum—Talks Still Possible
The EU has approved retaliatory tariffs on U.S. steel and aluminum imports worth €21 billion, citing economic harm and…
Iron Ore Prices Decline Amid Economic Tensions and Global Tariffs
Iron ore prices are dropping amid global trade tensions and economic uncertainty. Steel mills in China are…
German Steelmakers Urge Fast-Track EU Action Amid US Tariffs
German steelmakers push for quick EU action to defend the sector from US tariffs and support the Steel Action Plan.
European Slab Prices Decline in Early April
European slab prices decreased in early April due to sluggish demand, with Asian suppliers lowering their offers. This trend…
Ukrainian Railways to Sell Scrap and Crushed Stone to Boost Local Industry
The Ukrainian government has simplified the process for Ukrainian Railways (UZ) to sell its accumulated scrap and…
Ukraine Reduces Iron Ore Exports by 5.7% Year-on-Year in Q1 2025
In Q1 2025, Ukraine’s iron ore exports decreased by 5.7% year-on-year. However, the country saw a slight quarterly…
Chinese Steel Market: The Consequences of the “Great Leap”
China’s steel industry is facing significant challenges due to excess capacity, trade barriers, and financial strain….
Steel Price Rises Boost US Mills’ Financial Performance
The US steel industry is benefiting from strong financial performance due to President Trump’s reinstatement of…
India’s Steel Industry Set to Reach 205 Million Tons in 2025 Amid Strong Growth and Trade Challenges
India’s steel production capacity surges to 205 million tons in 2025, driven by infrastructure growth and rising demand.
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