"steel industry" tag

European Steel Technology Platform Begins new life as independent legal entity

13 leading industrial and research stakeholders from the wider steel value chain will cooperate to implement solutions for and in the EU steel industry under a newly independent entity, the European Steel Technology…

US section 232: EU leaders’ response must be “broad, firm and decisive”, argues Eurofer

In light of President Trump’s Section 232 25% import tariffs on steel, the European Steel Association (EUROFER) calls on EU member states to stand united in backing a broad, firm and decisive response…

G20 forum on steel excess capacity should be ambitious in targeting “the plague of global overcapacity”

The Global Forum on Steel Excess Capacity ministerial-level meeting will open tomorrow. The engagement is expected to deliver a report setting out the excess capacity situation in the global steel industry and define…

Global steel market will reach $865.5 billion by 2020

At the end of 2015 the global steel market reached a value of $753.4 billion in 2015, with a negative compound annual growth rate (CAGR) of 11.2% in the last four years. China…

Steel Groups on G-20 discussion of steel overcapacity

Nine steel groups in North, South and Latin America, and Europe, today expressed cautious optimism for the outcomes at the G-20 leaders meeting that concluded on Monday in Hangzhou, China. “We are grateful…

Steel associations call on G7 nations to take action to address global overcapacity in steel

Twelve global steel trade associations today released a statement urging the leaders of the G7 nations to take steps to address the current global steel overcapacity situation which is negatively affecting economies, industries and workers…

Steel associations’ statement on China’s treeatment as a non-market economy

  American Steel Manufacturers Association, together with steel associations of Mexico, Latin America, European countries, Brasil and the Committee on Pipe and Tube Imports released a joint statement regarding concerns about China’s attempt to…

Iran searching for investments

Iranian steel ministry is asking domestic steel makers to “actively consider” setting up plants in Iran saying the Gulf nation has assured to provide all assistance to them in this regard. Senior officials…

China’s steel output rose

In August China’s steel output rose, shrugging off government-ordered shutdowns and increasing concerns that excess production in the world’s biggest supplier is swelling a global glut, as Bloomberg.com reports. Output of crude steel…

Management changes for United Steel Co.

United States Steel Corporation announced tweak management at its European and North American operating facilities. Scott Buckiso will succeed George Babcoke, who served the company for 39 years, as the vice president of European Solutions…

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