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Tata Steel to cut 2,800 UK jobs, shut down 2 blast furnaces at Port Talbot

The closures are part of the company’s plan to turn around its loss-making UK steelmaking business by switching to lower-carbon electric arc furnaces. ....

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Turkish steelmaker expands European reach with acquisition in Spain

The chairperson of the board of directors of Tosyalı Holding, one of the largest Turkish steel and iron producers, said Thursday they aimed to make pipe. ....

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German Steelmaker Invests €100 Million in Modernizing Furnace

Salzgitter has completed a €100 million relining of Blast Furnace A, increasing its pig iron production capacity to 2 million metric tons per year, while facing challenges like reduced crude steel production and falling prices. ....

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POSCO to replace chairman

POSCO Group will not reappoint Chairman Choi Jeong-woo to lead the nation’s fifth-largest business group over the next three years, the company said Wednesday. ....

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POSCO defends chairman from state pension fund's attack

POSCO Group made an unusual comment on Friday, refuting the National Pension Service’s (NPS) claim that the steelmaker is suspected of using unfair methods to reappoint the incumbent chairman, Choi Jeong-woo, to lead the nation’s fifth-largest business group over the next three years. ....

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