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Growth in Chinese exports leads to a drop in global steel prices
China's growing manufacturing capacity threatens emerging economies The growth of Chinese exports is leading to a drop in global steel prices, and overproduction in China continues. This is  reported...
Jul 24, 2024
0 1723
News


Global steel production fell by 2.2% m/m in June
Steel production in the 71st country for the month amounted to 161.4 million tons Global steel production in June 2024 increased by 0.5% compared to the same month in 2023 to 161.4 million tons. The ...
Jul 24, 2024
0 2046
News


Production of pellet in Mexico sees worst recession in history
The production of pellet in Mexico decreased 4.4 percent in May, year-over-year, to 446,527 metric tons (mt), marking a 17th consecutive contraction and constituting the worst production recession in ...
Jul 23, 2024
0 1661
News


Emissions in China’s steel industry increased by 5.9% y/y in January-June
Emissions of sulfur dioxide per ton of steel were 0.2 kg/t, solid particles – 0.21 kg/t, nitrogen oxide – 0.35 kg/t Total emissions in the Chinese steel industry in January-June 2024 increased by 5.9...
Jul 23, 2024
0 1876
News


Italy's Cogne Acciai Speciali uses 100% renewable electricity at all its European plants
Cogne Acciai Speciali, one of the leading steel producers in Italy, has announced that all its plants in Europe are using 100 percent renewable electricity since January 2024. "We are proud to announc...
Jul 23, 2024
0 2126
News


ArcelorMittal Mexico reaches agreement to end strike
ArcelorMittal (AM) Mexico reached an agreement Thursday evening, July 18, to end the 55-day strike that began on May 24, 2024. Located in Lazaro Cardenas, in the Michoacán state, the steelmaking and m...
Jul 23, 2024
0 1927
News


South Africa criticises UK plans to introduce CBAM analogue
South Africa notes that this step may contradict WTO rules South Africa has told the UK that its plans to introduce a cross-border carbon tax on imported goods would deepen global inequality. It is  ...
Jul 23, 2024
0 1725
News


Milaha to provide stevedore services for Qatar Steel's shipments
Qatar-based maritime and logistics solutions provider Qatar Navigation (Milaha) has announced that it has signed a five-year agreement with local steelmaker Qatar Steel to provide stevedore services t...
Jul 23, 2024
0 1680
News


Metinvest Pokrovskugillia is preparing to launch a longwall with 2 million tons of coal reserves
Lava has an excavation field length of 3 km, the total length is 284 m, and the layer thickness reaches almost 2 m Pokrovsk Coal Group, a part of Metinvest Group, is preparing to launch a new longwal...
Jul 23, 2024
0 1786
News


Tata Steel successfully uses biomass in ferrochrome production
India's Tata Steel has successfully conducted trial use of biomass in ferrochrome production as an alternative to traditional carbon energy sources at its Odisha ferrochrome plant, a company statement...
Jul 23, 2024
0 1785
News


Brazil was net importer of finished steel products in June
In June, Brazil exported 63,500 mt of finished steel products with revenues of $55.7 million, while importing 248,100 mt at $197.5 million. This compares to exports of 302,600 mt at $219.3 million and...
Jul 23, 2024
0 1772
News


Rio Tinto ships four billionth mt of iron ore from Pilbara to China
Australia-based miner Rio Tinto has announced that it has shipped its four billionth mt of iron ore from its Pilbara operations in Western Australia to China, over a period spanning 51 years. Today, J...
Jul 22, 2024
0 1900
News
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