News

Q1 total revenues fell 9% Y/Y to $14.8B but came in largely flat compared with the previous quarter, but sales in North America rose 9.6% compared with the previous three months, due to a 10.5% ...
The world's second-biggest steelmaker had previously said it expected 2025 global steel demand growth of 2.5% to 3.5%, excluding China, the world's top consumer and producer of the metal.
Global coal demand may have already peaked in the most advanced economies and is forecast to keep decreasing through 2027, according to the IEA. Global demand is expected to hold near the ...
Global coal demand is likely to remain broadly unchanged this year and next, despite short-term fluctuations across several ...
Crude steel output in Japan, the world's No.3 producer, fell 4.4% in June from a year ago, marking a third straight month of ...
Global steel production dropped to 155.7 million metric tons to start Q2 2025, ... is likewise on par (-0.4%) with the comparable figure for last year. Steel production worldwide continues to face ...
Global raw steel production increased 12.9% from February to March, up to 166.1 million metric tons across the 69 countries tracked by the World Steel Association. The total is 2.9% higher than the ...
The steel industry produces 7% of global emissions, prompting innovation in hydrogen use, biocarbon, and electric arc furnaces to cut its carbon footprint. Projects in Sweden, the U.S., Brazil ...
Potentially contributing to scrap’s flat demand and pricing last year was an increase in direct reduced iron (DRI) consumption. Citing the Brussels-based World Steel Association (Worldsteel), BIR says ...
ArcelorMittal reported better than expected Q1 earnings but warned that delays in resolving global trade disruptions due to tariffs could affect steel consumption forecasts for this year.