Chinese official economic data for the first quarter shows crude steel output has remained very strong despite attempts to curb production levels in Tangshan. This has been driven by the strong […]

Turkish mills’ cold-rolled coil exports rose significantly year on year in the first two months of 2021 on higher European demand, especially southern Europe, amid availability issues in the […]

The World Steel Association forecast April 15 that steel demand will grow by 5.8% in 2021 to reach 1.874 billion mt, after declining by just 0.2% in 2020, as the overall impact of the coronavirus […]

Higher steel prices and iron ore pellet demand since the fourth quarter followed stronger steel orders and consumption in developed economies, leading the World Steel Association to increase its 2021 […]

Importers of coil in Europe are reported to be in a wait-and-see mood this week as offers from suppliers are scarce and still expensive, but uncertainty is mounting over the third and fourth […]

The automotive sector saw the most profound demand decline among steel-using sectors in 2020, with a nosedive in the second quarter. However, it is expected to recover strongly in 2021, worldsteel […]

Van Leeuwen Pipe and Tube Group achieved a positive result in 2020, despite the extraordinary overall circumstances, and is upbeat about the current year, Kallanish learns from the Dutch tube […]

Acerinox projects production and net sales to improve in 2021, says company president Rafael Miranda. He was speaking during a conference ahead of the Spanish stainless steel producer’s annual […]

Global steel demand performed in 2020 better than previously expected, and the outlook for 2021 has also been revised upwards by worldsteel, Kallanish learns from the association. In its previous […]

Developing economies, excluding China, suffered more from the Covid-19 pandemic in 2020, but steel demand is expected to show a relatively quick rebound in 2021 and 2022, worldsteel says in its April […]

North American service centre chain Russel Metals and Marubeni-Itochu Tubulars America plan to merge their Canadian energy tubulars businesses, Kallanish learns from a company statement.  Triumph […]

Once steel prices retreat from their current upward trend, the drop for flat products in Europe could amount to between €150 and €270/tonne ($180-323), potentially even €300, according to a […]

Concerns have grown in recent weeks over the situation at Liberty Steel’s coil rolling mills in Liege and Dudelange, in Belgium and Luxembourg respectively. The company confirms to Kallanish that […]

ArcelorMittal will invest $1 billion during the next three years to make steel production at its Ukrainian subsidiary environmentally friendly, the company said April 14. The announcement came […]

Italian agency Invitalia has injected Eur400 million ($480 million) of new equity into ArcelorMittal subsidiary AM InvestCo Italy, bringing the renaming of the subsidiary and its main operating unit. […]