Issue 14, 2024 - This week's editorial: Demand growth sluggish; costs, overcapacity hit industry: OECD

Global steel demand growth will continue to be very sluggish in 2024-25 amid deteriorating market conditions, according to the OECD Steel Committee. Steel firms need to absorb higher costs while facing weak demand and surging imports …

Issue 13, 2024 - This week's editorial: Baltimore bridge collapse to impact raw materials trade

The Francis Scott Key bridge catastrophe in Baltimore, Maryland has the potential to block more than 1 million short tons of US metallurgical coal exports, pinching supplies for customers as far away as Europe and Asia. …

Issue 12, 2024 - This week's editorial: Overall production and DRI output increase on-year: Worldsteel Association

Global crude steel production rose 3.7% on-year in February to 148.84 million tonnes; however, Chinese output remained unconfirmed, according to the information provided by worldsteel.

Chinese steel output is estimated to have grown 3.5% in …

Issue 11, 2024 - This week's editorial: ArcelorMittal surges in the tubing market with a Vallourec share acquisition

ArcelorMittal has agreed to acquire 28.4% of French tubing producer Vallourec for approximately €955 million ($1.09 billion).

ArcelorMittal will purchase 65.2 million Vallourec shares for €14.64/share from funds managed by Apollo Global Management. …