Asian flat and long steel markets will see weak demand in the fourth quarter, with export volumes likely to decline after a strong start to the year. This is the forecast from S&P Global.Domestic demand in China is expected to weaken in winter due to the seasonal slowdown in construction and weather Read More

Chinese steel mills are facing new pressure amid rising raw material costs. This factor threatens to reduce profits after a strong third quarter, according to Bloomberg.Overall industry profitability improved in July-September. However, analysts warn that the recovery may stall due to the impact on Read More

The Australian Anti-Dumping Commission has announced preliminary results of an administrative review of anti-dumping duties on imports of steel products from Indonesia, Malaysia, Thailand, Turkey, and Vietnam. This was reported by IREPAS.The investigation covered the period from July 1, 2023, to Jun Read More

The Cognor Group has completed construction of a new steel site in Siemianowice Śląskie (Poland) and has already started rolling mill production, even though the official opening ceremony is still ahead. The total investment in the project amounted to approximately PLN 830 million, according to an a Read More

Ministers and senior representatives of the Global Forum on Steel Excess Capacity (GFSEC) have for the first time committed to addressing the root causes and negative consequences of the problem through a comprehensive system of joint actions. This is stated in a press release following the event.Th Read More

The European Commission plans to impose tariffs of 25% to 50% on Chinese steel and related products in the coming weeks. This was reported by the German newspaper Handelsblatt, citing senior officials in Brussels.According to the publication, the EU also plans to link public procurement to the “Buy Read More

European steelmakers can reduce costs while protecting value chains by supplementing domestic production with imports of green iron, according to a new analysis by Agora Industry.Favorable policies, coupled with strategic partnerships, also enable importers and exporters to reduce emissions and stre Read More

The European Commission will propose a new method of restricting steel imports to protect manufacturers in the region. This was announced on September 10 by EC President Ursula von der Leyen.In her annual State of the Union address, she noted that global overcapacity is squeezing margins and leaving Read More