In simultaneous statements, both thyssenkrupp AG and Tata Steel Limited confirmed last week that they expect the European Commission to block the proposed merger of the two companies’ European steel operations.

The long-discussed joint venture has been fraught with difficulties since the concept was first publicly launched in 2016. It has …

The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries was 155 million tonnes in March 2019, up 4.9% year-on-year. China produced 80.3mt in the month, an increase of 10% on March 2018 and still well over half of the world’s crude steel output. …

As May begins, Kallanish has decided to compare the current most important price indicators against prices registered in 2018. This is to understand how the market is developing in what is usually considered one of the strongest period for demand before the summer kicks in.

As expected, semis and finished …

The World Steel Association (worldsteel) has released its April 2019 short-range outlook. The association says that global steel demand will reach 1.735 million tonnes in 2019, an increase of 1.3% over 2018. In 2020, demand is projected to grow by 1% to reach 1.752mt.

The new outlook confirms the expectation …