Peru's Aceros Arequipa commissions new pipe plant in Bolivia In a significant move to strengthen its regional presence, Peru's leading steel manufacturer, Aceros Arequipa [1] , has officially commissioned a state-of-the-art pipe plant in Bolivia. This expansio...
ArcelorMittal to supply green steel for photovoltaic project in Portugal Luxembourg-based steelmaker ArcelorMittal [1] , through its European subsidiary, is set to supply 211.8 metric tons of environmentally friendly XCarb® steel with Magnelis® coating for an innovative ph...
World crude steel output up 0.6 percent in October According to the latest data released by the World Steel Association (Worldsteel) [1] , global crude steel production demonstrated resilience, posting a 0.6% year-on-year increase in October. Despite...
ArcelorMittal could produce HRC at its Brazilian slab plant ArcelorMittal Pecem [1] , the slab producer situated in Ceará, is ramping up its Research and Development (R&D) workforce, now employing 50 professionals. Speculation in the local press suggests that ...
Usiminas considers halting operation of blast furnace In a recent development, Sergio Leite, Vice President of Strategy at Brazilian flats producer Usiminas [1] , revealed the company's contemplation of suspending operations at blast furnace number 1 in...
Expiry review initiated by Canada for AD and CVD on Cold Rolled Steel (CRS) from three countries The Canadian International Trade Tribunal (CITT) [1] has taken a significant step by initiating an expiry review of the antidumping duties imposed on cold rolled steel (CRS) originating from China, S...
Baosteel observes a departure of iron ore prices from fundamental factors In a notable declaration, leading Chinese steel producer Baosteel [1] has highlighted a divergence in iron ore prices from the underlying fundamentals of supply and demand dynamics. Expressing conce...
Bolivia's El Mutun steel complex makes swift strides in construction progress In a recent update, Jorge Alvarado Rivas, the president of Empresa Siderurgica de Mutun (ESM) in Bolivia, revealed significant strides in the construction of the El Mutun iron ore and steel complex. R...
Deacero partners with Danieli for cutting-edge scrap shredding technology In a strategic move to bolster its recycling capabilities, Mexican long steel producer Deacero [1] has recently placed an order for five state-of-the-art scrap shredders from renowned Italian plantm...
Revitalizing operations: Nucor invests $280 million in Alabama plate mill modernization Nucor Corporation [1] , a leading steel and steel products manufacturer, has unveiled ambitious plans for a $280 million modernization initiative aimed at enhancing its steel plate mill in Tuscaloosa,...
ArcelorMittal ceases production activities at Brazilian facility In a significant move reflecting the challenges posed by an influx of imported steel, Jefferson De Paula, the president of ArcelorMittal's Brazilian [1] division, recently announced the suspension o...
Green hydrogen ventures: Suez Canal Economic Zone teams up with Chinese investors In a significant development, the Suez Canal Economic Zone (SCZONE) [1] has inked agreements worth $15.6 billion with Chinese investors, focusing on 11 manufacturing and green hydrogen projects, as ...
