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Steelmaker Acerinox cautious on second quarter as strike drags on

25,2024 08:00 AM

Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak European market and the prolonged strike at its Spanish mill.

Steel News

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India's coal sector sees huge leaps in output and demand

Top Indian steelmaker JSW's Q3 profit jumps five-fold on strong demand

Turkish steelmaker Erdemir to invest $3.2 bln to cut emissions by 25%

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Turkish steelmaker Erdemir to invest $3.2 bln to cut emissions by 25%

United States January 11,2024 08:00 AM

Turkey's largest steelmaker Erdemir (EREGL.IS) on Thursday pledged to invest $3.2 billion to achieve a 25% cut in its emissions…

India's FY25 steel demand to be slower as elections loom -analysts, officials

United States December 20,2023 08:00 AM

India's steel demand will likely slow in the next financial year beginning March as a mammoth general election will delay…

EU, U.S. extend steel tariff detente until end-March 2025

United States December 19,2023 08:00 AM

The European Union and the United States have agreed that Washington will continue to suspend tariffs on EU steel and aluminium…

Ohio's U.S. Senators want to stop surge of Mexican steel imports

United States December 13,2023 08:00 AM

Both Ohio’s U.S. Senators want the Biden administration to stop a surge in steel imports from Mexico that violates a 2019…

India's April-Oct steel imports from China at four-year high

United States November 29,2023 08:00 AM

India's finished steel imports from China touched a four-year high in the first seven months of the fiscal year that began…

US steelmakers set for strong start to 2024 as UAW strike fuels price gains

United States November 16,2023 08:00 AM

U.S. steelmakers are on course to post higher profits in the first quarter of 2024 as prices spike from a scramble by buyers…

Japan's JFE Steel eyes stake in Teck's coal business -sources

United States October 19,2023 08:00 AM

Japan's JFE Steel Corp is in talks to buy a stake in the metallurgical coal business of Canada's Teck Resources (TECKb.TO),…

Ukraine sees higher 2023 steel output, could double production if seaports open

United States October 05,2023 08:00 AM

Ukraine will increase its steel output to 6.5 million metric tons in 2023, but could double that if its sea ports were unblocked,…

China powers global aluminium output to record high: Andy Home

United States September 27,2023 07:00 AM

Global production of primary aluminium hit an all-time high in August, with the world's smelters running at an annualised…

US to impose tariffs on tin mill steel from Canada, China, Germany

United States August 17,2023 08:00 AM

The U.S. Commerce Department on Thursday said it will impose preliminary anti-dumping duties on tin-plated steel imports…

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