SteelRadar

The Future of the Steel Industry is Shaped at Steel Summit 2025!  Steel Summit 2025, organised by SteelRadar for the first time this year, brings together the leading names of the steel industry at Izmir Swissôtel Resort & Spa Çeşme, opening the door to global collaborations. This prestigious summit will not only be limited to industry analyses and information sharing; it will also offer strategic collaborations, new investment opportunities and a unique networking environment for industry professionals. 🔹 Who Participates? Steel producers and traders Raw material and scrap suppliers Technology and innovation leaders Steel service centres Logistics and finance specialists Industry leaders, investors and decision makers Take your place at Steel Summit 2025 and shape the future of the steel industry! 📌 Limited number of places! Apply now to benefit from early registration advantages: https://lnkd.in/dN5QrPp5

EU recycling sector reacts to trade restriction regulations! The European Recycling Industries Confederation (EuRIC) and the Bureau of International Recycling (BIR) stated in a joint press release that the plan addresses reciprocal export restrictions and the potential introduction of “export fees or taxes” on recycled metals, saying that such measures would harm the functioning of global recycling markets and in particular European metal recyclers and risk creating new trade barriers. Click for more ➡️ https://lnkd.in/d6jN4xzd TR ➡️ https://lnkd.in/dE79puUs

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WorldSteel's visit to Erdemir Erdemir hosted the members of the Economic Committee (ECON) of the World Steel Association (WorldSteel Association) in Ereğli. The field trip was attended by representatives of JFE Steel, Nippon Steel, China Baowu Steel Group, Metinvest, Worldsteel and the Turkish Steel Producers Association. According to a statement, the Economic Committee, which represents steel producers, steel industry associations and research institutes from all over the world, works on capacity, production, demand and consumption forecasts for the global steel market in order to facilitate its members in planning and decision-making processes for the future. Click for more ➡️ https://lnkd.in/dSATCC5X TR ➡️ https://lnkd.in/dQkiDdgA

UAE investments open new doors in Africa's mining sector UAE-based AD Ports Group (Abu Dhabi Ports Group) has announced that it will start operations at Angola's Luanda Port in January 2025 with an investment of USD 250 million. Connecting Angola, Zambia and the Democratic Republic of Congo to international markets, the port handles 76% of Angola's total cargo volume. In line with growing demand, the company plans to increase the investment to USD 380 million and strengthen the region's mining logistics. Click for more ➡️ https://lnkd.in/d8yPpReq TR ➡️ https://lnkd.in/dTAUtnne

China's HBIS and Vale partner to decarbonize steel Chinese steelmaker HBIS GROUP HENGSHUI STRIP PROCESSING CO., LTD. has signed a cooperation protocol with iron ore mining giant Vale to promote decarbonization in the steel value chain. Through this collaboration, the two companies aim to identify optimal raw material solutions for low-carbon conversion and explore the potential of the Tecnored melting furnace in recovering precious metals by processing solid waste. Click for more ➡️ https://lnkd.in/darazsTh TR ➡️ https://lnkd.in/dYaZGDWf

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Ezz Steel prepares to appeal EU's anti-dumping duty Ezz Steel stated that it is preparing to challenge the methodology used by the European Commission to calculate provisional anti-dumping duties on its products. According to the company, Ezz Steel will file a formal challenge to the accuracy of the calculation methodology. The European Commission said it had given interested parties a three-week period to challenge its findings. Click for more ➡️ https://lnkd.in/dP2p5d7J TR ➡️ https://lnkd.in/d2cKT9Jy EZZSTEEL

Uzbekistan hit hardest by restrictions on Kyrgyzstan's scrap exports From 2016 to 2021, Kyrgyzstan maintained a steady flow of ferrous scrap exports, typically ranging between 80,000 and 98,000 tonnes annually. Uzbekistan was the dominant buyer during this period, often accounting for the vast majority of Kyrgyzstan’s exports. In 2017, for example, Uzbekistan alone imported nearly 97,000 tonnes of scrap, while the total export volume was just under 98,000 tonnes. However, starting in 2022, this trade relationship began to fade. Exports to Uzbekistan fell drastically to 485 tonnes that year, and in 2023, the country imported none. Click for more ➡️ https://lnkd.in/dKffQrkz TR ➡️ https://lnkd.in/d_QVBqXH

In our new issue focusing on the European steel market, scrap analyses and data supported by graphs are with you! ♻️ Scrap import and export trends of countries 📈 Price fluctuations and market dynamics 🔍 Future projections and sector evaluations Don't miss the latest developments in the scrap market! For more, check out SteelRadar Insight Issue 3! EN🔗https://lnkd.in/dQg76srf TR🔗https://lnkd.in/deenKWBY #scrap #hurda