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Algoma Steel Cuts Second Quarter 2023 Guidance

Sault Ste Marie Ontario based Canadian producer of hot and cold rolled steel sheet and plates Algoma Steel said that fiscal second quarter 2023 Adjusted EBITDA

Canada , Canadian , Algoma-steel , Sault-ste-marie-ontario , Business-news-online-steel , Steel-price-canada-algoma ,

IG Metall Reach Pact with Vallourec for Plants Closure in Germany

IG Metall and Vallourec have agreed on key points for the social wage agreement. The key issues paper stipulates, among other things, what severance pay the


Business-news-online-steel , Steel-price-germany-vallource-ig-metall ,

JSW Steel Ropes in SMS for Decarbonization Drive

India’s leading steel maker JSW Steel has forged collaboration with German engineering and Technology Company SMS group to explore multiple cutting-edge


Germany , India , German , Business-news-online-steel , Steel-price-india-jsw-sms-group , Decarbonization-green-steel ,

Chinese Firms Bid for Pakistan Steel Mill

Local media reports suggest that the Government of Pakistan has received an offer of USD 1-1.5 billion for the purchase of majority stakes in Pakistan Steel

Pakistan , Pakistan-steel , Business-news-online-steel , Steel-price ,

One Workers Dies in Hot Metal Spill in Surya Steel in Palghar

PTI reported that a worker was killed and five others injured when a hot liquid from a furnace spilled on them at Surya Company in Abitghar village around 10 PM

Surya-company-in-abitghar , Surya-company , Business-news-online-steel , Steel-price-india-accident-surya ,

SAIL Developed 11 News Products in 2021-22

Indian state owned steel giant Steel Authority of India Limited’s Chairperson Ms Soma Mandal in a letter to share holders has informed about the progress made

Steel-authority , India-limited , Chairperson-ms-soma-mandal , Business-news-online-steel , Steel-price-india-sail ,

India's Scrap Imports Surges in Apr-Jun'22 Quarter

India’s Ministry of Commerce announced that India imported 445,000 tonnes of scrap in June 2022, up by 3% YoY with UAE accounting for the largest share of


India , India-ministry-of-commerce , Business-news-online-steel , Steel-price-india-scrap-imports ,

Changes Approved to Energy Cost Containment Program EKDP

The Energy Cost Containment Program EKDP aims to support German companies in coping with rising energy costs. After the aid program was impractical according

Germany , German , Energy-cost-containment-program , Business-news-online-steel , Steel-price-germany-energy-ekdp ,

Tata Steel Celebrates 116th Foundation Day

India’s leading steel maker Tata Steel has celebrated its foundation day on 26 August. It was on 26 August 1907, the company was registered in India with an



India , Tata-steel , Business-news-online-steel , Steel-price-india-tata ,

Indian Steel Forging Units Facing Multiple Challenges

Association of Indian Forging Industries has expressed concerns to the government over high steel, aluminium and nickel prices and decrease in automotive demand

Association-of-indian-forging-industries , Indian-forging-industries , Business-news-online-steel , Steel-price-india-aifi-forgings ,