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Snapshot: steel production 2021

The share of steel produced globally from electric furnaces grew significantly in 2021 according to data from the World Steel…

Decline forecast for steel sector in 2022

The war in Ukraine, soaring energy prices and supply chain disruption could result in a 1.9% contraction in EU steel…

Worldsteel: Russia’s attack on Ukraine hits steel demand

The World Steel Association (worldsteel) expects slower demand globally this year, largely because the war in Ukraine is heightening uncertainty….

Champions of steel sustainability

The World Steel Association (worldsteel) has recognised 10 companies as champions of steel sustainability during the past year. Now in…

Ukraine conflict distorts long steel market

The war in Ukraine has distorted the global long steel products market and is once again being led by supply…

Steel production dips in 2022

Global production of crude steel production in February was 142.7 million tonnes, down 5.7% on February 2021. Data from the…

Trump’s tariffs on UK steel exports finally shelved

Tariffs imposed by President Donald Trump on UK steel and aluminium shipments to the US are being dropped by his…

Steel consumption expected to be lower in 2022

ArcelorMittal has offered an outlook of growth in global steel consumption in 2022 – but lower than that estimated for…

‘Major’ role for steel scrap in future global markets

The global market for steel scrap is expected to reach almost 630 million tonnes by the end of the year,…

Steelmakers sign up to new sustainability charter

The World Steel Association (worldsteel) has unveiled a revised and expanded ‘Sustainability Charter’, reflecting the industry’s increasing focus on sustainability…

Nickel & stainless steel: supply worries drive prices higher

Russia produces 9% of mined nickel and 6% of refined nickel so international measures in response to the invasion of…