DMZ produced 7.1 thousand tons of rolled steel in November In November 2024, Dnipro Metallurgical Plant (DMZ) produced 7.1 thousand tons of rolled steel, compared to no production in October. The figure decreased by 12% compared to November 2023. This is sta...
JSW Steel increased steel production by 5% y/y in November Indian steel company JSW Steel increased its consolidated steel production by 5% year-on-year to 2.32 million tons in November this year. This is reported [1] by CNBCTV18. Steel production in India ...
Ukraine reduced exports of semi-finished products to a 9-month low in November In November 2024, Ukrainian steel enterprises reduced exports of semi-finished products by 37.7% compared to the previous month, to 89.9 thousand tons. The figure increased by 28% compared to November...
Assofermet notes uncertainty in the steel market at the beginning of 2025 Stable low demand and complex dynamics were recorded in November The Italian and European steel markets in December of this year demonstrate a scenario of significant uncertainty. This is stated in th...
India announces green steel classification formula Steel products produced with CO2 emissions of less than 2.2 tons per ton of rolled steel will be considered green The Indian Ministry of Steel has announced a formula for determining green steel, Reut...
The cost of industrial decarbonization projects under development reaches $1 trillion Developing countries need $70 billion for industrial decarbonization by 2030 Currently, projects to decarbonize heavy industries such as steel, cement, and chemicals worth about $1 trillion are under ...
Baosteel to maintain current flat steel prices for January sales The company continues to adhere to the December price strategy Chinese steelmaker Baosteel will maintain current prices for hot rolled coil (HRC) for the domestic market for sales in January 2025. Thi...
Indian stainless steel producers seek exclusive national policy for the sector Indian domestic stainless steel producers have sought a separate 'national stainless steel policy' from their government, the Indian Stainless Steel Development Association (ISSDA) said in a statement...
German Steel Federation: High energy costs still most critical issue Gunnar Groebler, president of the German Steel Federation (WV Stahl), has released a statement regarding the current challenges the domestic steel industry is facing, following a meeting with German C...
Vietnam's steel imports down 39.4 percent in November from October In November this year, Vietnam's steel imports amounted to 1,462,514 mt, down 39.4 percent compared to October, while its scrap imports grew by 29.7 percent month on month to 448,937 mt, according to ...
Steel exports from China exceeded 100 million tons in January-November Annual export volumes are expected to exceed the 2015 record of 110 million tons China’s steel exports in January-November 2024 reached 101.15 million tons, up 22.6% compared to the same period in 202...
EUROFER and IndustriaALL call for a steel summit The meeting is to discuss urgent issues and an action plan for sustainable development The European Steel Association (EUROFER) and the industriAll trade union are calling on the European Commission t...