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Photo – Voestalpine warned of possible job cuts at two plants in Austria
Voestalpine warned of possible job cuts at two plants in Austria

The company is considering adjusting capacity in Kindberg and Mürtzschlag due to pressure from US tariffs and weak demand

Photo – Nova Hut explores possibilities for building an electric arc furnace at its plant in Ostrava
Nova Hut explores possibilities for building an electric arc furnace at its plant in Ostrava

The company plans to modernize the enterprise and transition to more environmentally friendly steel production

Photo – EU policy could accelerate decline in foundry production – Federacciai president
EU policy could accelerate decline in foundry production – Federacciai president

Antonio Gozzi also criticized the current focus on hydrogen metallurgy

Photo – German GMH Gruppe completes acquisition of Buderus Edelstahl
German GMH Gruppe completes acquisition of Buderus Edelstahl

The integration of Buderus provides an expanded product range, access to new markets, and long-term supply stability

Photo – Relocation of steel production from Germany threatens billions in losses
Relocation of steel production from Germany threatens billions in losses

A study by the University of Mannheim warns of the economic and political risks of deindustrialization

Photo – Ukraine produced 5.38 million tons of rolled steel in January-October
Ukraine produced 5.38 million tons of rolled steel in January-October

Pig iron production amounted to 6.48 million tons, and steel production amounted to 6.17 million tons

Photo – Acciaierie d’Italia performs a series of shutdowns of blast furnace No. 4
Acciaierie d’Italia performs a series of shutdowns of blast furnace No. 4

The company aims to get through the rest of the year without further complications

Photo – South Korea launches large-scale support for steel industry
South Korea launches large-scale support for steel industry

The government allocates 400 billion won to exporters and encourages the transition to green steel

Photo – 150 small steel mills in India have suspended operations due to low steel prices
150 small steel mills in India have suspended operations due to low steel prices

Ministry of Steel warns that prices below cost threaten industry expansion

Photo – ArcelorMittal produced 42.8 million tons of steel in January-September
ArcelorMittal produced 42.8 million tons of steel in January-September

Iron ore production for the period amounted to 35.7 million tons

Photo – Baosteel has reduced its steel production targets
Baosteel has reduced its steel production targets

The company will focus on unlocking the potential of existing resources

Photo – China will promote value-added steel production
China will promote value-added steel production

The future of Chinese steel industry will likely depend primarily on demand

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