Steel producer ArcelorMittal South Africa (AMSA) has submitted two separate applications to the International Trade and Administration Commission of South Africa (Itac) requesting import protection on hot-rolled coil (HRC) and heavy structural beams re…
AMSA seeks import protection on hot-rolled coil and heavy beams Read More »
ArcelorMittal offered a cautiously upbeat outlook for the global steel industry, saying its core markets are showing signs of recovery from exceptionally low levels amid the coronavirus pandemic.
“The first six months of the year, and particularly the…
ArcelorMittal sees steel market improving Read More »
Steel producer ArcelorMittal South Africa (AMSA), which reported a loss of R2.6-billion for the interim period to June 30, warned on Thursday that it expected steel demand to remain subdued for the foreseeable future and indicated that it was pushing a…
AMSA implements large-scale, but ‘flexible’, labour reorganisation as Covid-19 bites Read More »
The European Union steel industry lashed out at the EU’s trade authority for failing to slash import quotas in a planned revamp of them, saying producers in the bloc risk going bust.
The European Steel Association and chief executive officers of EU-ba…
Europe’s steel industry rips into EU revamp of import controls Read More »
The European Union plans to revamp its steel-import restrictions to guard against major market distortions as the bloc’s economy recovers from the effects of the pandemic.
The proposed changes apply to EU import curbs introduced two years ago to preve…
EU to revamp steel-import controls as virus-hit economy recovers Read More »
ArcelorMittal withdrew its closely watched global steel guidance because of the coronavirus pandemic, but sounded a relatively upbeat tone as lockdown restrictions start to ease.
While ArcelorMittal likened the suddenness of the virus impact to the gl…
ArcelorMittal sees signs of virus low point as lockdowns ease Read More »
Steel production in developed economies is likely to either stagnate, or decline completely, as the Covid-19 pandemic continues to influence and impact on the global economy, consultancy Roskill steel alloys principal consultant Erik Sardain said on Ma…
Steel production likely to stagnate or decline this year, says Roskill Read More »
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) decreased by 6% year-on-year to 147-million tonnes in March.
The association says the global steel industry is being impacted on by factory shutdo…
Steel downturn evident in global production figures for March Read More »
Ratings agency Moody’s Investors Service already had negative outlooks for steel industries across the world, largely based on weak fundamentals in 2019, but the Covid-19 outbreak has made conditions worse and prompted the agency to cut the outlook for…
Moody’s cuts outlook for steel industries further Read More »
The Canadian Steel Producers Association (CSPA) on Wednesday announced its goal to achieve net-zero carbon dioxide emissions by 2050.
This goal is the central plank of the CSPA’s newly unveiled ‘Climate Call to Action’.
“We know that climate change i…
Canadian steel producers set net-zero goal Read More »
