News
- Russian steelmakers maintain strong positions in EU market despite sanctions – Metinvest
Ukrainian producers face competition from the Russian Federation, in particular due to cheap Russian slabs supplied to the EU
- Ukrainian steel products consumption decreased to 2.62 million tons in January-October
More than 39.3% or 1.04 million tons are imported
- Race to Green Steel calls on automakers to switch to low-carbon steel
The campaign was launched by a coalition of non-profit organizations
- Egypt investigates dumping of cold-rolled and coated steel products from Turkey and China
The investigation was initiated by local steel producers Al-Obour Metal Industries and Kama Metal Coating and Processing
- US Steel raises flat steel prices by $30/t
As of October 25, the prices of hot-rolled flat products in the USA were at the level of $690-700 per short ton, and cold-rolled – $960-1000/t