Metaljunction

In the depth of the recession, some foreign countries made a simple calculation. They'd subsidize their steel industries even though that violates international trade rules. It paid off by keeping thei

Ukrainian mining and steel group Metinvest recently opened a representative sales office in Romania, Metinvest Carpathia, and hopes to reach sales of USD 200 million this year, according to the group&rsquo

The U.S. Department of Commerce on Tuesday set preliminary duties of up to 81 percent on imports of carbon and alloy steel wire rod from China after ruling they were produced using unfair government subsid

Iron Ore ended the June quarter the same way it ended the March quarter – down. At $93.68, September 62% Fe Swaps are down $17.23 a tonne over the quarter for a loss of 15.54%.

After 5 consecutive months of surplus, Australia's terms of trade fell into deficit for the 2nd straight month in May, and the latest A$1.9B shortfall is the biggest in the past 18 months. Exports sank

The June China steel PMI is out and supports notions of modest rebound up 1.9% month on month to 48.3 percent in June. The production sub-index for the sector stood at 48.9 percent, up 3.5 percentage point

Iron ore edged higher as traders snapped up spot cargoes, raising their bets on a market recovery that has proved elusive this year amid bountiful
supply.

The price of the ste

Europeans steelmakers had long argued for a rollover in coking coal contract pricing for this quarter and after seeing the outcome at $120/mt, unchanged on Q2, are not in a hurry to close deals.

China's Baosteel has cut its high carbon ferrochrome (50% Cr) July purchase price by Yuan 50/mt ($8/mt) to Yuan 6,550/mt (equivalent to 80.6 cents/lb), delivered with 17% VAT on cash terms, a company o

US Steel (NYSE: X) announced a $25 per ton price increase for flat rolled steel, said Goldman Sachs analyst Sal Tharani in a research note, citing channel checks. The change is seen as benefiting b

Kenya has evinced interest to set up an integrated steel plant in collaboration with state-run Steel Authority of India (SAIL), which can cater to the East
African region.

In a recent

Tata Steel said on Tuesday it will cut about 400 jobs at its Port Talbot plant in South Wales, around 10 percent of the workforce, as it looks to reduce costs in order to compete more strongly in t

The steel and mines department of the Odisha government, which recently finalised its policy on mandatory iron ore sales to local industries, has submitted the document to the High Court.
 

Companies have been allowed to resume mining according to the Supreme Court’s directive that mining can be permitted based on certain conditions.’
 
Chief Minister Siddaramai

Severfield, the structural steel group behind The Shard, Wimbledon Centre Court, Emirates and 2012 London Olympic Stadia, has engaged Thompson Brand Partners to complete a rebrand following a major strateg

The United States International Trade Commission recently decided to impose anti-dumping duties on imports of prestressed concrete steel rail tie wire from Mexico and China.

The US Departmen

South Korean steelmaker POSCO said in a statement on Tuesday it has slashed its monthly stainless steel prices for July by 200,000 Korean won ($200) a tonne to reflect easing nickel prices, swinging back t

Giant miner Rio Tinto (LON, ASX:RIO) said Monday it is more than pleased with its current exposure to iron ore, despite the struggles of the steel making commodity this year.
 
Speaking

A probe by the European Commission into dumping of stainless steel by Chinese and Taiwan manufacturers could hurt China's steel exporters.
 
According to the EU statistics office, co

Hillary Clinton believes Australia is too economically dependent on China, warning that dependence could 'undermine your freedom of movement and your sovereignty — economic and political'. Ci