US Raw Steel production Up 0.5 Percent Week-on-week The American Iron and Steel Institute (AISI) reported that in the week ending on May 27, 2023, the United States produced 1,737,000 net tons of raw steel domestically, with a capability utilization ra...
ISA: Indian domestic Steel Demand will grow at 7.5 percent to 128.85 million mt in the fiscal year 2023 - 2024 Indian domestic steel demand is projected to experience a growth rate of 7.5 percent, reaching 128.85 million metric tons in the fiscal year 2023-2024, as stated by the Indian Steel Association (ISA)...
Bayi Steel: Demand for steel to improve slightly in 2023 Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co., Ltd. (Bayi Steel) has told its investors at the interactive platform that the demand for steel has slackened since the second half of last ye...
Russian steelmaker Novolipetsk Steel (NLMK) Launches New Antibacterial Coated Steel Russian steelmaker Novolipetsk Steel (NLMK) has announced that it has launched a new premium rolled steel with antibacterial coating . The company's partners have trialled the first batches of the new...
Mexican Steel Companies Report Another Month of Record Employment in April The steel industry in Mexico registered the fourth consecutive employment record in April, now with 142,854 workers, 6.2 percent more compared to the same month in 2022, according to a SteelOrbis anal...
Meranti Steel launches Thai green steel project Singapore-headquartered Meranti Steel plans to develop a DRI-EAF steelworks for flat products in Thailand. The plant is intended to supply green hot rolled coil to domestic manufacturers and for expor...
India's April finished steel exports hit 13-month high India's finished steel exports in April rose to their highest level in 13 months in April on the back of strong bookings from Europe, while imports also remained at elevated levels. Finished steel exp...
Wind Power Is Playing a Vital Role in Meeting The Global Demand for Sustainable Steel (World Steel) With sustainable steel increasingly crucial to meeting the world’s climate targets, manufacturers are turning to wind power to decarbonise production. Renewable energy technologies are ...
Salzgitter And Ewe Collaborate For Sustainable Steel Production With Green Hydrogen German energy service provider EWE, based in Oldenburg, and the steel producer, Salzgitter AG have announced their intention to collaborate on hydrogen projects and initiatives. This collaboration was...
Benteler Cancels Tenaris' Purchase Of Its Pipe Business The previously-announced deal for the sale to Tenaris of 100% of the shares of American steel pipe manufacturer Benteler Steel & Tube Manufacturing Corporation has been unilaterally terminated, effect...
IFGL AFFILIATE BUYS UK REFRACTORY MANUFACTURER Sheffield Refractories' 100 percent ownership has been acquired by Monocon International Refractories, the step-down and fully owned company of IFGL Refractories in the UK (SRL). For use in the iron ...
IN 2023, CHINA'S DOMESTIC IRON ORE PRODUCTION WILL INCREASE BY 8 YEARS Analysts predicted that China's annual iron ore production would reach 290 million tons, an eight-year high, as new capacity came online and the nation's tough COVID restrictions on mining were lifted...
