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Goldman Sachs expects global GDP growth of 2.7 percent in 2025

According to media reports, the US-based investment banking company Goldman Sachs has outlined seven...

UK government launches industry-backed steel council

The UK government has launched a steel council as part of its new strategy to support the struggling...

ArcelorMittal resumes Gijón steelworks, longs production

ArcelorMittal resumed operations at its Spanish steel mills on Tuesday, Kallanish notes. The...

Vietnam, Japan, Taiwan quickly exhaust EU HRC quota

Vietnam, Japan, and Taiwan face immediate EU tariff-rate quota (TRQ) pressure as hot rolled coil...

Turkey overshoots European OCS quota, hollow sections scarce

Turkey has overutilized its TRQ for organic coated sheets shipped to the European Union by 35%...

Polish government eyes national steel industry strategy

The Polish industry ministry has formed a working group to formulate a national steel sector...

Joe Biden ends Nippon Steel’s $15 billion bid for US Steel

President Joe Biden has followed up on his threat to block the $15 billion acquisition of US Steel...

Turkey automaker Tofas pauses output for two weeks for maintenance

Major Turkish automaker, Tofas, a joint venture between Koc Holding and Stellantis, has announced...

Austria continues to increase steel production in November

Austria’s steelmakers increased crude steel production in November compared with the previous month...

Germany posts strongest output growth rate among top-10 steel-producing countries

Germany posted the most significant increase in November crude steel production among the top 10...

European HRC prices unchanged amid holiday inactivity

Prices for European hot-rolled coil were stable on Tuesday December 31 amid continuing market...

Thyssenkrupp sells Spain’s Galmed plant to Network Steel

Spanish coil processing company Network Steel (NS) has acquired ThyssenKrupp’s Galmed (FBA9) plant...
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