Tuesday 23 October 2018
 
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Steel

Global steel demand to rise 2.1pc this year

The global steel demand will reach 1,657.9 million tonnes in 2018, an increase of 2.1 per cent over 2017, a World Steel Association (worldsteel) report said. In 2019, it is forecasted that global steel demand will grow by 1.4 per

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Global steel demand to rise 2.1pc this year

The global steel demand will reach 1,657.9 million tonnes in 2018, an increase of 2.1 per cent over 2017, a World Steel Association (worldsteel) report said. In 2019, it is forecasted that global steel demand will grow by 1.4 per

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Liberty to buy 4 European steel plants

British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, has announced a conditional agreement to buy four European steel plants. In a landmark transaction that would take Liberty’s total rolling capacity to

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9 killed in India steel plant blast

Nine people have been killed and several injured in an explosion at a steel plant in India's Chhattisgarh state, according to media reports. The injured, most of whom are reportedly critical, have been rushed to a local hospital,

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China's listed steel firms’ earnings up in H1

China's listed steel firms reported a surge in earnings in the first half of this year amid continued government efforts to cut overcapacity in the sector, said a report. Steel companies listed on the Shanghai Stock Exchange r

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SSAB steel helps Olofsfors in sustainable production

Olofsfors, a Swedish manufacturer of steel products for the forestry and construction industries, has switched to using SSAB Boron 27 steel, which has in turn reduced its material usage, optimised its production process and developed a lighter,

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Higher US tariffs on steel imports from Turkey take effect

The additional US tariffs on steel imports from Turkey announced on August 10 will take effect today (August 13), said a report. US President Donald Trump had earlier announced doubling of the already substantial Section 232 steel

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Nissan to use ultra-strong, high-formability steel in new vehicles

Nissan Motor, a leading automotive company, will build more models using a new type of steel that combines high tensile strength with a previously unachievable degree of formability, resulting in lighter vehicles that can help lower emissions wh

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Nissan to use ultra-strong, high-formability steel in new vehicles

Nissan Motor, a leading automotive company, will build more models using a new type of steel that combines high tensile strength with a previously unachievable degree of formability, resulting in lighter vehicles that can help lower emissions wh

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Global crude steel production up 5.8pc in June

Crude steel production in 64 countries reporting to the World Steel Association (worldsteel) reached 151.4 million tonnes (mt) in June 2018, a 5.8 per cent increase compared to June 2017, according to the association. Crude steel

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