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News
China increases Russian oil purchases amid risks in the Middle East
17+ hour, 52+ min ago (354+ words) According to market sources, all ESPO crude cargoes scheduled for shipment in August from Russia's Kozmino terminal on the Pacific coast have been sold. A significant number of September cargoes have also already found buyers, with transactions reportedly taking place…...
France will provide EUR 778 million in support for clean hydrogen production
22+ hour, 21+ min ago (187+ words) The new contracts are expected to strengthen the strategic partnership between the two companies while contributing to the United Kingdom's domestic manufacturing capabilities in the aerospace and defense industries. Under the agreements, all materials and components will be manufactured at…...
Analysts expect ArcelorMittal to report EBITDA of more than USD 2 billion for the second quarter
1+ day, 14+ hour ago (195+ words) According to data compiled by independent research firm Visible Alpha, the market expects ArcelorMittal to maintain its strong operational performance in the second quarter. Based on the consensus estimates of 13 international brokerage firms, ArcelorMittal is expected to report EBITDA of…...
"New steel quotas will weaken competition in the United Kingdom"
1+ day, 14+ hour ago (453+ words) How do you evaluate the new steel tariff rate quota (TRQ) system that came into effect on July 1? What are your initial observations regarding the market’s reaction during the first days of implementation? Personally, I believe the UK needs a…...
HM Ankiros General Manager Ozan Hünler: "We see ANKIROS as an international platform where the future of the industry is shaped
1+ day, 17+ hour ago (222+ words) Mr. Hünler, you have more than 20 years of management experience in the industry. Under your leadership, what significant changes will we see in the short- and long-term priorities of HM Ankiros Fairs? In the age of digitalization and artificial intelligence,…...
Jindal Steel Oman’s DRI plant achieves global production and operational records
1+ day, 16+ hour ago (206+ words) Jindal Steel Oman announced that its direct reduced iron (DRI) plant in Sohar, Oman, has achieved new records in operational continuity and production performance. According to the company, the plant operated for 188 consecutive days without any unplanned shutdown, with the…...
Price differential between HRC and CRC widens in Italy
1+ day, 16+ hour ago (222+ words) SteelRadar Iron and Steel Markets Price differential between HRC and CRC widens in Italy EU import quotas continue to support HRC prices, while CRC maintains its strength. The price spread between hot-rolled coil (HRC) and cold-rolled coil (CRC) in the…...
Russian Steel Market Overview | 20-24 July, 2026
1+ day, 16+ hour ago (783+ words) Russia's coking coal market recorded one of its sharpest monthly increases in recent years, with prices rising by 21–31% in July. In some regions, quotations reached RUB 14,400/mt, while several coal grades exceeded last year's levels by 9–22%. The temporary recovery in…...
Kocaer Steel to establish a new mompany in the United States
1+ day, 16+ hour ago (209+ words) SteelRadar Çelik Piyasası Fiyatları, Haberler ve Analizler Kocaer Steel to establish a new mompany in the United States Kocaer Steel has decided to establish a new company in the United States to carry out production, sales, and marketing activities as…...
Geopolitical crisis impacts crude steel output: Iran falls out of global top 10
1+ day, 16+ hour ago (335+ words) SteelRadar Iron and Steel Markets Geopolitical crisis impacts crude steel output: Iran falls out of global top 10 While global crude steel production rose by 1.7% in June, it fell by 13.4% in the Middle East due to regional tensions. According to June…...