18 May 2018 -
As China’s electric arc furnace capacity rises, Chinese steel mills are subsequently investing in scrap processing equipment, reports the Reuters news service.
14 May 2018 -
Rising production and falling steel prices have taken some of the financial sparkle off of China’s iron and steel industry, which had been benefiting from healthy demand and mill closures, reports the Bloomberg news service.
09 May 2018 -
For Italian equipment manufacturer Danieli, stable steel consumption in Europe and the U.S. is leading to contracts for upgrades and modernizations. However, conditions haven’t been right for expansive, capital-intensive projects, said Danieli board chairman Gianpietro Benedetti.
08 May 2018 -
New investment and steel exports helped support healthy steel demand in the EU last year, but the U.S. Section 232 tariffs potentially could offset the gains, according to the European Steel Association (EUROFER).
06 May 2018 -
A group of local investors are trying to establish an electric arc furnace-based mill in southeastern Florida, the Miami Herald reports.
03 May 2018 -
Tenaris is ramping up its new seamless tube mill in Texas, but might eventually look to expand to the operation, reports the Houston Chronicle’s FuelFix blog.
26 Apr 2018 -
Even though scrap-based steelmaking is growing, demand for steel's basic raw materials – coking coal, coke and iron ore – will be supported by new blast furnace capacity in some parts of the world, an ArcelorMittal executive said.
18 Apr 2018 -
Momentum in the global economic recovery is forecasted to lift worldwide steel demand by 1.8% this year, according to the World Steel Association.