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Blog - Iron and Steel

Asian Steel Mills Face Challenges in Greener Steel Production
Asian Steel Mills Face Challenges in Greener Steel Production
Jan 23, 2025
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Asian steel mills are intensifying efforts to reduce carbon emissions in steel production, navigating regulatory pressures and market demand for sustainable practices.
ArcelorMittal Poland Advances Eco-Modernization Initiatives at Dombrowa Plant
ArcelorMittal Poland Advances Eco-Modernization Initiatives at Dombrowa Plant
Jan 23, 2025
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ArcelorMittal Poland commits to sustainability with a PLN 30 million investment in eco-modernization at Dombrowa Plant, enhancing steel quality and reducing environmental impact.
German Steel Production Sees Moderate Growth Amid Economic Challenges
German Steel Production Sees Moderate Growth Amid Economic Challenges
Jan 23, 2025
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In 2024, Germany's steel industry grew by 5.2%, reaching 37.23 million tons, amid recessionary pressures. Domestic supply fell, and rising electricity tariffs added significant costs.
Cleveland-Cliffs and Nucor Forge Alliance for Potential U.S. Steel Acquisition
Cleveland-Cliffs and Nucor Forge Alliance for Potential U.S. Steel Acquisition
Jan 13, 2025
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Cleveland-Cliffs and Nucor's joint bid for U.S. Steel marks a strategic realignment in the U.S. steel industry amid growing market demand.
India's Steel Production Surge and Environmental Challenges
India's Steel Production Surge and Environmental Challenges
Jan 8, 2025
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India's steel production is expanding rapidly, driven by infrastructure needs, posing significant environmental challenges due to reliance on polluting sponge iron plants, conflicting with carbon reduction goals.
Nippon Steel Considers Legal Action Over U.S. Acquisition Block
Nippon Steel Considers Legal Action Over U.S. Acquisition Block
Jan 6, 2025
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Nippon Steel is pondering legal steps after the U.S. blocked its U.S. Steel acquisition, raising concerns over the review's fairness.
Nippon Steel Revises Closing Date for U.S. Steel Acquisition
Nippon Steel Revises Closing Date for U.S. Steel Acquisition
Dec 26, 2024
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Nippon Steel reschedules its U.S. Steel acquisition to Q1 2025, focusing on strategic integration and market alignment.
Thyssenkrupp to Cut 11,000 Jobs in Steel Division as Part of Major Restructuring
Thyssenkrupp to Cut 11,000 Jobs in Steel Division as Part of Major Restructuring
Nov 27, 2024
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Thyssenkrupp plans to cut 11,000 jobs in its steel division as part of a major restructuring to tackle financial challenges influenced by global economic pressures.
EU Steel Industry Seeks Urgent Action to Prevent Decline
EU Steel Industry Seeks Urgent Action to Prevent Decline
Nov 27, 2024
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Explore how Europe’s steel sector urges the EU for swift measures to counteract industry challenges and ensure sustainability.
Qatar's Exports of Raw Steel and Pig Iron Plummet to $193M in 2023
Qatar's Exports of Raw Steel and Pig Iron Plummet to $193M in 2023
Nov 16, 2024
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The exports of Raw Steel and Pig Iron reached a peak of 515K tons before experiencing a decline in the subsequent year. In terms of value, the exports decreased to $193M in 2023.
China's Steel Industry Risks and Green Transformation
China's Steel Industry Risks and Green Transformation
Nov 12, 2024
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The article discusses China's steel industry's challenges in adopting green technologies, policy shifts, emissions progress, and the impact of carbon trading.
Import of Iron and Steel in Turkey Drops Dramatically to $610M by 2023
Import of Iron and Steel in Turkey Drops Dramatically to $610M by 2023
May 15, 2024
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During the review period, Iron and Steel imports reached their highest point at 1.4M tons in 2022 but saw a slight decrease the following year. In terms of value, imports of Iron and Steel significantly decreased to $610M in 2023.
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