Steel industry news

US steel imports down

Published: March 25, 2020 by Matthew Moggridge

The American Iron and Steel Institute (AISI) has reported today that the USA imported a total of 1.5Mt (net tons) of steel in February 2020, including 1.34Mt (net tons) of finished steel (down 52.2% and 18.4% respectively when compared with January final data). 

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Pennsylvania shuts down all but essential businesses

Published: March 20, 2020 by Matthew Moggridge

Steel has been declared a 'life essential' business in the state of Pennsylvania, USA, where almost all business are to shutdown this coming weekend. The situation will be enforced by state troopers, local officials, the state Health and Agriculture departments and the Liquor Control Board,…

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Materials Processing Institute awarded £22m

Published: March 13, 2020 by Matthew Moggridge

The UK's Chancellor of the Exchequer, Rishi Sunak, has awarded the Materials Processing Institute £22m to deliver a five-year research and innovation programme to revolutionise the steel and metals sector.

 

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EUROFER cautiously welcomes EU Action Plan

Published: March 13, 2020 by Matthew Moggridge

The European Steel Association (EUROFER) has greeted the release of the European Commission's Circular Economy Action plan, hailing it as an important step in developing a truly circular economy in Europe, but arguing that it misses incentives to keep valuable steel scrap within the EU,…

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