16 Jan 2020 -
China is reiterating a promise that new steel capacity will be strictly prohibited in the year ahead, reports the country’s state-run news agency.
10 Jan 2020 -
ArcelorMittal intends to put an idled blast furnace back into service at its Gijón plant in northern Spain, but will halt other production lines this quarter in order to cope with lower demand, reports Kallanish Steel.
06 Jan 2020 -
China Baowu Steel Group could potentially surpass ArcelorMittal as the world’s largest steelmaker if it completes a deal to take a controlling stake in Chongqing Iron and Steel.
02 Jan 2020 -
Indian steelmaker Monnet Ispat & Energy is to resume steel production this month following an extended outage for maintenance and upgrades, according the Business Standard newspaper.
26 Dec 2019 -
Nippon Steel Nisshin Co. Ltd. plans to bank a blast furnace in southern Japan next year, saying that a slowing market and other factors necessitated the move.
16 Dec 2019 -
ArcelorMittal and joint venture partner Nippon Steel Corp. have finalized their acquisition of Essar Steel India Ltd., completing a deal that gives both a foothold in the growing Indian steel market.
12 Dec 2019 -
China’s crude steel production is expected to reach 988 million metric tons this year, but decline slightly in 2020, according to the Reuters news service.
06 Dec 2019 -
United States Steel Corporation has restarted two of its Gary, Ind., USA, blast furnaces after a flood knocked them off-line last week, reports commodities news and pricing service S&P Global Platts.
20 Nov 2019 -
Revenues at Russian oil country tubular goods maker PAO TMK declined 4% through the first nine months of 2019 on account of reduced sales in North American and Europe, the company said Wednesday.
19 Nov 2019 -
JFE Steel is acquiring a 50% ownership stake in a Chinese special bar producer, giving it an additional foothold in China’s automotive market.