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Van Leeuwen cashes in on shortages in 2021

Van Leeuwen Pipe and Tube Group says it achieved excellent sales and net profit figures in 2021...

Bowim boosts flats sales, anticipates procurement re-routing cost

The redirection of supply chains following the outbreak of war in Ukraine and subsequent sanctions...

Slow sales plague Italian longs market

Slow sales and an uneventful market are clouding Italian long products sales in April. While this is...

Microchip shortage continues to impact Turkish vehicle output

As the microchip shortage that hit Turkey’s automotive output in 2021 continues in the first...

Liberty Steel vows to appeal after court rejects restructuring plan, orders liquidation of Belgian assets

The Commercial Court of Liège in Belgium has rejected a restructuring plan for Liberty Steel’s...

Ukraine war to delay automotive sector recovery: worldsteel

The expected recovery of the global auto industry is still being hampered by the microchip shortage...

Worldsteel sees improving global construction activity in 2022

Global construction activity will continue growing this year despite a contraction in China observed...

Global demand growth plunges on Ukraine war: worldsteel

Worldsteel has revised down its 2022 global steel demand growth forecast to 0.4% on-year, giving...

ArcelorMittal buys voestalpine Texas HBI plant majority stake

After exploring strategic options for over a year for its direct reduction plant in Texas, USA...

Italy’s Tenaris writes off investment in Russian JV with Severstal

Italian steel pipemaker Tenaris said it has written off its investment in a Russian joint venture it...

Steel demand to rise just 0.4% in 2022, 2.2% in 2023

The World Steel Association forecasts steel demand to edge up 0.4% in 2022 to 1.84 billion mt and...

European Commission terminates Severstal HRC anti-dumping review

The European Commission has terminated the interim review on existing anti-dumping measures on...
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