News

New market research shows America's steel wire rope industry will be a key contributor to the global market reaching $13.88 billion by 2030, fueled by demand from construction, mining, oil & gas, and industrial sectors.

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Asia’s grain-oriented electrical steel market is set for steady expansion, driven by strategic alliances, sustainability focus, and surging power infrastructure demand.

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German steelmaker Salzgitter lowers 2025 sales and earnings forecast, highlighting persistent weak demand and the anticipated effects of new EU trade measures designed to reshape Europe's steel market.

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US Steel, newly owned by Nippon Steel, announced an $11 billion investment plan for modernization, operational efficiency, and advanced R&D across its US facilities by 2028.

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Vietnam hosts its flagship steel sector event, unveiling strategies for sustainable supply chain growth and green transition.

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Chancellor Merz calls for increased EU protectionism and joint Franco-German steel strategies to secure the future of the European steel industry as energy and import pressures escalate.

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Babcock & Wilcox has raised $67.5 million through its at-the-market equity offering, positioning the company for expansion into industrial power and heat recovery markets across the U.S.

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China’s steel market is projected to rebound in November as government supply restrictions converge with improved market sentiment following key US-China trade discussions.

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Germany's Vice Chancellor calls for urgent EU action to block Russian steel slab imports, aiming to protect European producers as the sector faces mounting challenges.

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Chinese steel prices are rebounding in November as government-mandated production cuts and stricter environmental controls tighten supply while demand improves.

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