Steel industry: The European Commission takes measures to preserve jobs and sustainable growth in Europe
European Commission – Press release Brussels, 16 March 2016 The Commission proposes measures to support the European steel sector in order to overcome the challenges to which it is subject. Mostly being caused by excess capacities worldwide. A joint effort is needed to overcome these serious challenges. Being fueled by global overcapacity. Also, a dramatic […]
Beijing: EU action against Chinese steel exports will not solve the industry’s problems
„The call of the European Union for the intensification of measures regarding imports of steel products from China will not solve the problems faced by the steel industry worldwide. The entire global steel industry is going through tough times due to the weak economic recovery and low demand… The real reason for the difficulty facing […]
UK steel industry: What’s wrong?
Over the past few months, one part of the U.K. economy, the steel industry, has grabbed the headlines, but for the wrong reasons. The announcement that the Indian manufacturer Tata Steel plans to sell its loss-making UK factories, putting thousands of jobs at risk, is the latest and most devastating blow to the British steel […]
The surplus capacity in the steel industry between myth and reality
Excess capacity in the steel industry has become a hotly debated and controversial issue. Some experts in the field claim that this industry cannot avoid the long-term recession without solving the problem of steel overcapacity worldwide. From 2008 to 2014, the worldwide nominal excess capacity increased constantly in volume. But also the demand has increased. […]
Hillary Clinton talks about the challenges in the steel industry
The candidates for the U.S. presidency have expressed their opinion on the situation of the steel industry in the country. Democratic presidential candidate Hillary Clinton has said she will eliminate the issue of steel from China if elected president. U.S. steelmakers say they need protection in the form of anti-dumping duties. Compared to cheap steel […]
During the „European Steel Day” 2016, the issue of overcapacity in the steel industry was discussed
The European Steel Day 2016 took place on April 21, 2016 at the Concert Noble, in Brussels. The theme of this year’s event was: „Building a future as strong as steel”. This event coincided with EUROFER’s 40th anniversary. And it was an opportunity for the European steel industry to highlight its priority challenges. About the […]
Steel demand forecast in 2016 – 2017
The World Steel Association has released its steel demand forecast for 2016-2017. Thus, global steel demand is expected to decline by -0.8% to 1,488 Mt in 2016. And in 2017 it is estimated that the world steel demand will return with an increase of 0.4% and will reach 1,494 Mt. Commenting on this forecast, T.V […]
4 fields for which steel is essential
We present four industries for which steel is essential. There are more than 3,500 grades of steel with many different physical and chemical properties. With its exceptional resistance, flexibility and recyclability, it is used in elements of everyday life. Steel is essential in various industries, including: 1. Transports A globally competitive economy depends on an […]
What types of steel are there?
Strictly speaking, we know that there are multiple types of steel. This being just another type of iron alloy, but with a much lower carbon content than wrought iron. Also, other metals are often added to give it additional properties. Steel is an amazing material and so useful. That’s why we tend to talk about […]
The Chinese steel industry is struggling to stay afloat
Despite destabilizing factors such as US-imposed protectionism, excess capacity and reduced profits, the Chinese steel industry is finding ways to stay afloat. China’s iron ore and steel industry has reached a crossroads. After being on the wave of growth in exports for more than two decades, as well as on the boom registered on the […]
English 
Romanian 
French 
Hungarian