Noutati

Steel prices could peak in 2021

With demand forecast to grow 8 percent, steel prices could hit a four-year peak this year before falling as global demand stabilizes, experts say. Steel prices are expected to maintain a positive momentum after their

Italian Eusider Group acquires welded pipe producer Bidue

Eusider Group, owned by the Anghileri family, announced that it has acquired 100% of the capital of Bidue, a manufacturer of high-quality welded pipes in Melara, Rovigo, Italy. According to Eufrasio Anghileri, CEO of Eusider,

ArcelorMittal to increase production at Sestao steel plant in Spain

ArcelorMittal decided to increase its crude steel production at its Sestao steel plant this year, which is located in Spain. After the expansion of production, the Sestao steel plant may be able to occupy almost

Turkey initiates AD investigation on hot-rolled steel plates from EU

The Ministry of Trade of Turkey issues an announcement on January 9, 2021 that it decided to initiate an anti-dumping (AD) investigation on hot-rolled steel plates originating in the EU. The products involved are under

ArcelorMittal restarts sinter plant in Gijón, Spain

According to reports, ArcelorMittal resumed operations of its iron ore sintering plant in Gijón of north-western Spain on January 7. In the past, due to the impact of the Covid-19 pandemic, the production at ArcelorMittal’s

Indian NALCO to invest for expansion & diversification

According to Union Minister for Coal and Mines Pralhad Joshi, Indian National Aluminium Company Limited (NALCO), an Indian state-owned aluminum giant, will invest Rs 30,000 crore in the next 6-7 years for expansion and diversification,