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Photo – Thyssenkrupp Materials Services is expanding its presence in North America
Thyssenkrupp Materials Services is expanding its presence in North America

The company has acquired a controlling stake in the Mexican company Aceroteca Trading

Photo – The UK National Wealth Fund has identified priority sectors for economic support
The UK National Wealth Fund has identified priority sectors for economic support

Among the priorities identified are hydrogen, steel, and carbon capture

Photo – Global commodity markets are expected to experience a period of low prices and oversupply in 2026
Global commodity markets are expected to experience a period of low prices and oversupply in 2026

Under these conditions, Ukraine can expect both economic gains and losses in export revenues

Photo – Serbia seeks talks with EU on new steel safeguard measures
Serbia seeks talks with EU on new steel safeguard measures

Proposed measures could affect steel plant in Smederevo

Photo – Argentina abolishes export duties on steel and aluminum by the end of the year
Argentina abolishes export duties on steel and aluminum by the end of the year

The decision will apply to exports to countries that have high tariffs on imports of these goods

Photo – British defense strategy emphasizes priority for domestic steel
British defense strategy emphasizes priority for domestic steel

Ministry of Defense will have authority to give priority to UK-based suppliers

Photo – British steelmakers call to buy local steel for wind energy
British steelmakers call to buy local steel for wind energy

Only 2% of the steel used in offshore wind projects over the past five years has been produced in the UK

Photo – US tariffs will affect regional steel trade – Ternium CEO
US tariffs will affect regional steel trade – Ternium CEO

In 2024, Mexico will have a steel trade deficit with the United States of 2.3 million tons

Photo – Zaporizhstal reduced rolled steel output to a 15-month low in October
Zaporizhstal reduced rolled steel output to a 15-month low in October

Production decreased by 6.5% m/m and 17.4% y/y

Photo – Ukrainian steelmakers produced 589.3 thousand tonnes of rolled steel in August
Ukrainian steelmakers produced 589.3 thousand tonnes of rolled steel in August

Steel production for the month amounted to 690.7 thousand tons, and pig iron – 643.6 thousand tons

Photo – Zaporizhstal increased rolled steel output by 6% m/m in August
Zaporizhstal increased rolled steel output by 6% m/m in August

Pig production fell by 0.9% m/m, and steel – by 5.6% m/m

Photo – German steel distributors reduced sales by 17.8% y/y in March
German steel distributors reduced sales by 17.8% y/y in March

Last month, sales of steel products amounted to 817.46 thousand tons

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