NOVEMBER SAW A 17 PERCENT DECLINE IN US STEEL IMPORTS US monthly steel imports fell by 17.0 percent from October to total 1,820,442 mt in November 2022, according to preliminary census statistics from the US Department of Commerce. A year-over-year compa...
IN NOVEMBER, THE PRODUCTION OF INDIA'S EIGHT CORE SECTORS INCREASED BY 5.4% According to official data released on Monday, the eight industries in India that are considered to be "key sectors" saw a production rise of 5.4 percent in November of last year compared to 3.2 perce...
BASE METAL EXPORTS FROM SOUTH AFRICA INCREASED BY 21.8% FROM JANUARY TO NOVEMBER The value of South Africa's exports of basic metals and products made from them in November of last year was ZAR 19.11 billion ($1.12 billion), up 36.4 percent from October of the same year, according...
CHINA’S IRON ORE OUTPUT DOWN 0.5 PERCENT IN JAN-NOV China's National Bureau of Statistics (NBS) reports that the country produced 889.046 million mt of iron ore between January and November of this year, a 0.5 percent decrease from the same time last y...
MEXICO'S PRODUCTION OF FINISHED STEEL PRODUCTS INCREASED 11.5% IN NOVEMBER According to information from the Mexican Chamber of the Iron and Steel Industry (Canacero), examined by SteelOrbis, the fabrication of "finished goods" of steel increased in Mexico by 11.5 percent in...
THE LIKELIHOOD OF FTA NEGOTIATIONS BETWEEN BANGLADESH AND INDIA A government official said on Tuesday, December 27 that India and Bangladesh have resolved to start discussions on a free trade agreement (FTA) and bilateral trade in Indian rupees. He said the two na...
IN APRIL 2024, BHP WILL GO ON TRIAL FOR THE SAMARCO DAM ACCIDENT According to a Bloomberg article, UK judge Finola O'Farrell mandated that the trial in the Samarco dam catastrophe lawsuit against Australian miner BHP Billiton take place in April 2024. The Samarco M...
HUNGARY'S COURT ORDERS DUNAFERR TO BE DISSOLVED A day after the government opened the door to the legal action against the firm, which has battled to keep its operations going and employs thousands of people, Budapest's municipal court ordered the ...
BRITISH STEEL WILL INSTALL SOPHISTICATED GUIDANCE SYSTEMS IN THE SCUNTHORPE WIRE ROD PLANT Danieli Morgardshammar Guide Systems was chosen by British Steel to provide intelligent guides for a 4-strand wire rod mill facility in Scunthorpe, England. One million tons of 5.5 to 17 mm-dia rounds...
COMPETITION AUTHORITIES GIVE OUTOKUMPU THE GO-AHEAD TO SELL ITS LONG STEEL BUSINESS Outokumpu, a Finnish manufacturer of stainless steel, has gained clearance from all necessary competition authorities, including the US Federal Trade Commission and the European Commission, to complet...
PROJECT FOR CARBON COLLECTION AND UTILIZATION IS STARTED BY ARCELORMITTAL GHENT According to a press statement from the firm, ArcelorMittal's flagship carbon capture and utilization (CCU) project at its steel mill in Ghent, Belgium, was successfully launched. For the European ste...
EXXONMOBIL GUYANA GRANTS VALLOUREC A SIGNIFICANT ORDER In accordance with the Long-Term Agreement (LTA) that was inked last year with ExxonMobil Guyana, Vallourec has acquired a third significant order. According to the agreement, Vallourec will provide l...
