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Steel News

ArcelorMittal Released Annual Report 2019
The steel shipments by the company totalled 84.5 million tonnes in 2019.
April 8th 2020
ArcelorMittal to Shut Cleveland Steel Mill Blast Furnace
Other steelmakers too have announced closure of operations due to coronavirus impacts.
April 7th 2020
India Steel Firms Hit by Massive Inventory Pileup
The steel industry participants noted that some amount of steel needs to be produced by…
April 6th 2020
Kinsteel Announces Chinese JV to Operate Kedah Steel Plant
The Kedah steel plant is expected to begin operations in March next year.
April 3rd 2020
Tata Steel's India and Europe Operations Impacted by COVID-19
The four steelmaking blast furnaces in the region are reportedly operating at reduced capacities.
April 2nd 2020
Goldman Sachs Bullish on These Two EAF Steelmakers
Goldman Sachs noted that the ongoing recession on account of the global epidemic is likely…
April 2nd 2020
ArcelorMittal to Provide Updated Guidance on 2020 Cash Requirements
ArcelorMittal declared that relief measures announced by various governments will help the company survive through…
April 1st 2020
ICRA: Steel Sector Poised  to Face Massive Challenges
The national lockdown has almost crippled the construction and infrastructure sectors, which are considered as…
April 1st 2020
U.S Steel Output Dipped 13% Last Week
The capability utilization rate during the current week was 71.6%, compared with 82.2% during the…
March 31st 2020
U.S. Steel Unveils Aggressive Actions to Mitigate COVID-19 Impacts
The actions announced are unlikely to have material impact on the company’s first quarter results.
March 30th 2020