"steel industry" tag

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…

The rise of US steel imports

As steel imports to the USA are increasing, the US industry calls for Washington to take action against international competitors.That action may include a possible anti-dumping complaint. The CEOs of major US steel…

New hiring plans for ArcelorMittal

One thousand jobs planned for ArcelorMittal over three years. The company plans to hire new workers over the next three years to replace retiring baby boomers. For Tony Valeri, the company’s vice-president of…

Brazil steel industry emissions doubled

As a result of UN backed measures to cut reliance on coal Carbon emissions from Brazil’s steel industry have doubled. The UN’s Clean Development Mechanism provides a financial reward to industries that replace…

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