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Worldsteel revises down demand forecast amid manufacturing woes
Worldsteel has revised down its 2024 global steel demand forecast significantly, now expecting a 0.9% on-year …
ADI gears up for blast furnace restart
Acciaierie d'Italia (ADI) is restarting blast furnace no.1 on 15 October. The firm’s special commissioners and …
SDI specifies new milestones toward slashing carbon emissions
In alignment with the climate scheme proposed in the Paris Agreement, Steel Dynamics (SDI) has new …
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US scrap prices see first 2024 rise
US scrap prices settled higher in some regions during October trading last week, recording their first …
Voestalpine adjusts earnings forecast
Voestalpine has issued a profit warning following disappointing preliminary results for the first half of its …
Saudi traders raise rebar prices on supply delays
Slow deliveries of specific rebar sizes – thick diameters from 20-25-32mm – by Hadeed and Al …
Benelux scrap softens following Turkey downtick
Scrap prices in the Benelux have had a subdued start to the week after the recent declines …
Renowned steel consultant Rod Beddows dies aged 80
Renowned steel consultant and adviser Rod Beddows died on Sunday aged 80.
Beddows founded steel consulting firm …
Germany’s scrap exports, imports increase in January-July
Germany’s ferrous scrap exports increased in January-July, according to data from the German federal statistics office. …
Stahl Gerlafingen continues lay-offs
Swiss steelmaker Stahl Gerlafingen plans to make another 120 employees redundant, Kallanish learns from Swiss unions …
Retail rebar sales pick up in UAE
The United Arab Emirates' benchmark mill increased its rebar sales in October to nearly 164,000 tonnes, …
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Very good overview of the weekly steel market.
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