By Gabriel Araujo and Kylie Madry SAO PAULO/MEXICO CITY (Reuters) -Steelmaker Ternium reported an 84% drop in its third-quarter net income to $220 million on Thursday, hurt by lower realized…
By Toby Sterling AMSTERDAM (Reuters) – Tata Steel’s Dutch arm plans to supply Ford plants in Europe with “green” steel after 2030, under a preliminary agreement reached by the two…
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s POSCO Holdings on Monday forecast weak steel demand would persist into the first half of next year after a price…
By Yuka Obayashi and Kantaro Komiya TOKYO (Reuters) -Japan’s crude steel output is expected to fall for a fourth consecutive quarter in the last three months of the year, due…
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai and her European counterpart, Valdis Dombrovskis, agreed to speed up talks on global steel issues, among other trade and economic topics raised…
TOKYO (Reuters) – Japanese steelmaker Kobe Steel Ltd said on Wednesday its U.S. unit, Midrex Technologies, has signed a contract with Swedish steel venture H2 Green Steel to supply its…
SEOUL (Reuters) -A fire broke out at South Korean steelmaker POSCO’s plant in the southeastern city of Pohang on Tuesday, a POSCO spokesperson confirmed. “A fire broke out at our…
Tacoma – The co-owner and financial manager of a Puyallup, Washington steel fabrication business pleaded guilty today in U.S. District Court in Tacoma to nine counts of failing to pay over…
(Reuters) -China will extend anti-dumping duties on grain oriented flat-rolled electrical steel imported from Japan, South Korea, and the European Union, the country’s ministry of commerce said on Friday. The…
By Kylie Madry MEXICO CITY – Steel demand in Latin America could dip through 2022 as the industry faces regional inflationary pressures, price hikes from the Russian invasion of Ukraine…
BEIJING – China’s commerce ministry said on Tuesday it would extend anti-dumping tariffs on certain steel fasteners imported from the European Union and United Kingdom for five years. The anti-dumping…
KYIV – Ukraine’s largest steelmaker has urged customers not to buy any products made at its plants in Mariupol because it fears they may have been stolen by Russian forces…
By Sudarshan Varadhan and Aftab Ahmed NEW DELHI -India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources…
SEOUL – South Korea plans to manage steel scrap from cars and abandoned buildings and structures as a strategic material, a government official said on Thursday, amid tight supplies and…
HELSINKI -Finnish stainless steel maker Outokumpu saw its shares soar more than 6% on Thursday after reporting stronger-than-expected quarterly profits, boosted by higher prices for stainless steel and ferrochrome. The…
By Marine Strauss BRUSSELS – ArcelorMittal reported higher-than-expected core profit in the first quarter on Thursday, but said it now forecast a slight contraction in global steel demand this year,…
GENEVA -The World Trade Organization (WTO) accepted some of Turkey’s complaints against European Union measures designed to curb imports of steel and advised the bloc on Friday to bring them…
By Max Hunder (Reuters) – Ukraine denied on Monday reaching an agreement with Russia on evacuating civilians from a steel plant in the southern city of Mariupol, and said the…
(Reuters) – Women and children sheltering in a giant steel works in Mariupol that is the last holdout of Ukrainian defenders of the southern port city, said in a video…
NEW DELHI – The board of Tata Steel Ltd will on May 3 consider a proposal to split the stock and also recommend a dividend, the Indian steel maker said…
DUESSELDORF – Thyssenkrupp is cutting working hours for 1,300 of its steel workers, the German conglomerate said on Thursday, responding to the impact of the war in Ukraine on the…
TOKYO – Japan’s Nippon Steel Corp has completed its acquisition of majority stakes in two electric arc furnace steelmakers in Thailand, paying about $477 million in total, it said on…
BEIJING – A unit of privately-owned Chinese firm Liaoning Fangda Group has offered to buy an 80% stake in state-backed Anyang Iron & Steel Group, the listed arm of Anyang…
TOKYO -The conflict between Russia and Ukraine, which are exporters of steel products, will have a huge impact on global steel demand and trade if it lasts for a long…
By Eric Onstad LONDON – Surging European steel prices are set to extend their gains as Russia’s invasion of Ukraine has disrupted logistics, spurred sanctions and sent energy prices soaring.…