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Steel

Price of iron ore fell to $55/t

After exceeding $ 60 / t several times in August, the price of iron ore fell to $ 55 / t again with a tendency of further…

WSA: World crude steel production fell by 7.1% in January

World crude steel production fell by 7.1% in January, comparing with the same period last year World Steel Association - WSA published statistics for the production of…

Price war in the global steel market

It is virtually a price war that has been on display in the global steel market and it is being increasingly felt that WTO measures like Antidumping,…
President of the World Steel Association believes that in the next 15 years Europe should halve its steel production, which means a very uncertain future for the…

Who's to blame for the iron ore price crash?

Analysts believe that prices of iron ore will fall again due to the unfavorable global trends (market oversupplied with raw material, reduced consumption). According to recent data,…

Chinese steel industry suffers huge losses

The Chinese steel industry suffers huge losses due to lower demand on the domestic market - the CISA (China Steel and Iron Association) reported. According to the…

WSA corrected the expected consumption of steel in 2015 and 2016

  Last week WSA - World Steel Association released a new SRO - Short Range Outlook with forecast that expected consumption of steel will decrease in 2015…

What is the future of steel in the automotive industry?

Steel plays an important role in the automotive industry, but its indispensability is under question because of the increasing pressure of lighter materials, especially aluminium.   More…

Crude steel production in August decreased by 3%

According to the most recent information published the WSA (World Steel Association) website, there is  132 million tons of crude steel produced in August this year, which…

Metal, steel and iron - is there a difference?

Metal, steel, iron - these are terms that are nowadays mostly used as synonyms, both in everyday life and in business communication. The prevailing view is that…
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