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US rig count increases week-on-week while Canadian rig count decreases
Baker Hughes has reported that for the week ending on August 9, 2024, the US rotary rig count increased by two to 588. The number of rigs drilling for gas decreased by one to 97, while the number of r...
août 13, 2024
0 1854


Ukraine’s law on industrial pollution puts additional pressure on enterprises during the war
Ukrainian business has a limited time to implement it The new law “On Integrated Prevention and Control of Industrial Pollution”, signed by the President of Ukraine in August, puts additional pressure...
août 13, 2024
0 1587


Steel output and sales of Vietnam rise in January-July
According to the Vietnam Steel Association (VSA), in July this year finished steel production in Vietnam totaled 2.53 million mt, increasing by 2.59 percent month on month and up by 5.2 percent year o...
août 13, 2024
0 1772


Canadian steel producers demand immediate action against Chinese imports
The Canadian Steel Producers Association and the Aluminium Association of Canada has released a joint statement regarding the real impact and ongoing threat of imports from China as well as Chinese ov...
août 13, 2024
0 1777


Mexican AHMSA recognizes the bankruptcy of the company due to insolvency
The Mexican steel giant Altos Hornos de México (AHMSA) acknowledged that in the coming days it will be declared bankrupt after failing to reach an agreement with its creditors in the bankruptcy proces...
août 13, 2024
0 1968


SEAISI: Construction recovers in some ASEAN countries, leading to increased longs imports
The South East Asia Iron and Steel Institute (SEAISI) has stated that long steel imports into the ASEAN-6 countries in 2023 amounted to 11.8 million mt, increasing by 10.4 percent year on year, due to...
août 12, 2024
0 1808


Kametstal begins reconstruction of key substation
The nodal substation is part of the «energy island» of the enterprise In July 2024, the Kametstal Iron and Steel Works began reconstruction of the Novodomenna substation using new European equipment....
août 12, 2024
0 2283


Czech-based Třinecké Železárny joins forces with ČEZ ESCO to decarbonize steelmaking
Czech Republic's largest steelmaker Třinecké Železárny has announced that it has signed an agreement with ČEZ ESCO, a domestic supplier of energy-saving and decarbonization solutions, to decarbonize i...
août 12, 2024
0 1857


Nippon Steel to invest in Thai subsidiaries to strengthen quality capabilities and competitiveness
Japanese steel producer Nippon Steel Corporation has announced that its Thailand-based subsidiaries G Steel Public Company Limited (G Steel) and G J Steel Public Company Limited (G J Steel) have decid...
août 12, 2024
0 1715


Rizhao Section Steel becomes wholly-owned subsidiary of Rizhao Steel Holding Group
The equity in Shandong Province-based Chinese steelmaker Rizhao Section Steel held by Shandong Province-based Chinese steelmaker Rizhao Steel Holding Group Co., Ltd has increased from 70 percent to 10...
août 12, 2024
0 2046


Ukrainian Railways should focus on growing its cargo base, not tariffs – EBA
The association also believes that changes are needed in the direction of cross-subsidizing passenger transportation at the expense of cargo transportation The European Business Association (EBA) bel...
août 12, 2024
0 1633


Turkey imposes provisional anti-dumping duties on HRC from 4 countries
The restrictions will apply to hot-rolled products produced in China, India, Japan and the Russian Federation Turkey has announced the preliminary results of an anti-dumping investigation into hot-ro...
août 10, 2024
0 1857
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