December 2023

UAE set for further jump in steel scrap intake with AGSI capacity boost

The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand in the country, Fastmarkets has heard.

Delaying, weakening EU sanctions against Russia would be 'historic mistake,' Eurofer says

The European Steel Association (Eurofer) believed that further delaying and weakening the imposition of international trading sanctions against Russia could be a self-defeating and historic mistake, it said in a press release issued on Friday December 1.