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ArcelorMittal South Africa Faces Severe Financial Crisis and ...
arcelormittal south africa steel
Tue, 04 Feb 2025 15:15:00 GMT
ArcelorMittal South Africa (AMSA) is bracing for substantial financial losses in its 2024 fiscal year as the domestic steel industry


German Steel Plate Market Faces Downward Pressure Amid Weak Demand
germany market steel
Mon, 03 Feb 2025 20:15:00 GMT
German Steel Plate prices declined for the week ending January 31, 2025, reflecting persistent challenges in the domestic market amid


Grupo Soledad enters steel industry with Aceros y Servicios acquisition
steel
Mon, 03 Feb 2025 00:00:00 GMT
Spanish company Grupo Soledad (GS) has entered the steel sector with the acquisition of Aceros y...


European long steel prices hold steady amid weak demand, seasonal ...
europe market steel
Fri, 31 Jan 2025 00:00:00 GMT
European long steel prices remained largely stable Jan. 29, as mills sought to push offers higher...


Steel import curbs key in Indian steel industrys budget asks ...
india steel trade
Wed, 29 Jan 2025 00:00:00 GMT
The Indian Steel Association urged the government to double the basic customs duty on steel imports in its upcoming union budget for financial year 2025-26, according to a source with knowledge of the matter. The government will announce the Union Budget of financial year 2025-26 on Feb. 1. The association, an apex body representing primary steel manufacturers, has asked for an increase in the basic customs duty on steel imports to 15% from 7.5% amid an inflow of material in the country that


Chinas steel sector is softening, but with resilience
china production steel
Tue, 28 Jan 2025 00:00:00 GMT
There are two ways of looking at the 1.7% decline in Chinas steel output last year. The first is that it confirms that the worlds largest producer of the key industrial metal is now in an established downtrend, and further weakness is likely this year. The second is that the steel industry is actually remarkably resilient in the face of major economic challenges, and that output has been essentially flat at extremely strong levels for the past five years. Both are essentially factual, and


3 Steel Producer Stocks to Watch Amid Pricing Headwinds
china market steel
Mon, 27 Jan 2025 00:00:00 GMT
Weaker steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. NUE, MT and STLD are well poised to navigate the current challenging


Will Weaker Steel Prices Weigh on Nucor's Earnings in Q4
nucor results steel usa
Fri, 24 Jan 2025 00:00:00 GMT
Lower earnings in the steel mills segment on weaker selling prices are likely to have hurt NUE's Q4 results.


Ex Ilva, the Government allocates additional 250 million to guarantee ...
labour
Fri, 24 Jan 2025 00:00:00 GMT
Decree approved to guarantee the continuity of the former Ilva plants with 250 million euros. New deadline of January 31 for acquisition offers, while unions continue to ask for an active role of the


Cleveland-Cliffs Stock Down 34% in 6 Months: Should You Buy the ...
market steel
Wed, 22 Jan 2025 00:00:00 GMT
While CLF benefits from its vertically integrated footprint, cost-saving actions and the Stelco buyout, weaker steel prices cast a pall on its


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