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Blog - Iron and Steel

Nippon Steel's Bold Bid for U.S. Steel: Strategic Ambitions Unveiled
Nippon Steel's Bold Bid for U.S. Steel: Strategic Ambitions Unveiled
Feb 8, 2025
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Nippon Steel maintains its ambitious bid for U.S. Steel, aiming to solidify its North American presence despite industry and political speculation.
Lawsuit Filed to Block Nippon Steel's Acquisition of US Steel
Lawsuit Filed to Block Nippon Steel's Acquisition of US Steel
Feb 7, 2025
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US consumers initiate legal action to block Nippon Steel's acquisition of US Steel amidst antitrust concerns.
German Chancellor Olaf Scholz Advocates for Green Steel Transition
German Chancellor Olaf Scholz Advocates for Green Steel Transition
Feb 5, 2025
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German Chancellor Olaf Scholz highlights the necessity of transitioning to green steel production to secure Germany's industrial future and meet zero-CO2 expectations.
South African Government Negotiates to Save ArcelorMittal Plants
South African Government Negotiates to Save ArcelorMittal Plants
Feb 4, 2025
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The South African government is negotiating a rescue package to save ArcelorMittal plants and preserve jobs amid closure threats.
Ukrainian Railways Boost Iron and Steel Exports
Ukrainian Railways Boost Iron and Steel Exports
Jan 29, 2025
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Ukrainian Railways report a substantial surge in iron and steel exports, making up over 45% of the total freight, marking a significant growth in 2024.
Spain's Steel Production Rises by 3.3% in 2024
Spain's Steel Production Rises by 3.3% in 2024
Jan 28, 2025
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Explore how Spain's steel production surged by 3.3% in 2024, reaching 11.82 million tons, highlighting strong export growth and a robust domestic market.
JSW Steel Sees 2% Production Rise Despite 71% Profit Drop
JSW Steel Sees 2% Production Rise Despite 71% Profit Drop
Jan 27, 2025
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JSW Steel announces a 2% production rise in Q3 2024/2025 while profits fall by 71% due to exceptional charges and lowered steel prices. Domestic sales hit a record high.
Activist Investor Ancora Holdings Challenges US Steel's Merger Plans
Activist Investor Ancora Holdings Challenges US Steel's Merger Plans
Jan 27, 2025
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Ancora Holdings is actively opposing US Steel's merger with Nippon Steel, intending to replace the current CEO amidst legal and political challenges, while industry giants like Cleveland-Cliffs eye strategic opportunities.
Spain Strengthens Partnership with ArcelorMittal for Strategic Growth
Spain Strengthens Partnership with ArcelorMittal for Strategic Growth
Jan 26, 2025
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Spanish government backs ArcelorMittal's future with strategic cooperation, securing €450 million for low-carbon steel initiatives in Gijon, promising export growth.
2024 Sees 30% Decline in U.S. Imports to $2.1 Billion for Raw Steel and Pig Iron
2024 Sees 30% Decline in U.S. Imports to $2.1 Billion for Raw Steel and Pig Iron
Jan 26, 2025
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Raw Steel and Pig Iron imports peaked at 6M tons in 2018 and remained at a lower figure from 2019 to 2024. In value terms, imports reached $2.2B in 2024.
Strong Recovery in Turkish Steel Industry Despite Global Challenges in 2024
Strong Recovery in Turkish Steel Industry Despite Global Challenges in 2024
Jan 24, 2025
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Turkey's steel industry experienced a strong recovery in 2024, with a notable 9.4% increase in production, reaching 36.89 million tons, and shifting export-import dynamics.
GP Gunter Papenburg Consortium Increases Bid for Salzgitter AG
GP Gunter Papenburg Consortium Increases Bid for Salzgitter AG
Jan 23, 2025
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GP Gunter Papenburg AG consortium raised Salzgitter AG bid to EUR1.1 billion, causing a significant stock surge.
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