Tripling global renewable energy by 2030 is achievable – IEA Bottlenecks, in particular, are the granting of permits and the modernization of networks The goal of tripling global renewable energy capacity by 2030 and reducing the use of fossil fuels is achievab...
India increased imports of Chinese rolled products to a seven-year high in April-August Imports of rolled products for the period amounted to 3.7 million tons India increased its imports of rolled steel from China to 1.1 million tons in April-August this year (5 months of FY2024/2025), u...
Global coking coal prices fall amid oversupply It is expected that at the end of Q4 2024 and in Q1 2025, prices will stabilize and begin to rise to $220-240/t In August, the global coking coal market was characterized by weak demand in key region...
Global HRC prices dropped to their lowest since 2020 Expectations for the revival of the market after the summer holidays did not come true Global hot-rolled coil prices continued to decline in August and early September, driven by weak demand, economic...
US Steel Kosice extends downtime of blast furnace No. 1 Resumption of operation of the unit after a 30-day repair is hindered by the weakening of steel demand in Europe Global steelmaker United States Steel Corporation (US Steel) has announced that blast f...
Metinvest is working to raise financing for the construction of a plant in Italy, — Group CEO Credit funds in the Italian project are at least 70% Metinvest Group is working to raise financing for the construction of a steel plant in Piombino, Italy. Construction may start by the end of this y...
Investments of iron and steel companies during the war Capital investments of steel sector in 2023 amounted to UAH 16.6 billion After a difficult 2022, investment activity in Ukraine is starting to recover. In 2023, the total volume of capital investment ...
Swedish H2 Green Steel has rebranded The company has changed its name to Stegra and has potential projects outside of Sweden Swedish start-up H2 Green Steel has announced a rebranding, changing its name to Stegra. This is stated [1] in...
SEAISI at IREPAS warns of unsustainable overcapacity looming in ASEAN region Speaking at the SteelOrbis Fall 2024 Conference & 91st IREPAS Meeting taking place in Paris on September 15-17, Yeoh Wee Jin, secretary general of the South Asia Iron and Steel Institute (SEAISI), inf...
Luciano Giua: Resolving global excess capacity is key to steel market recovery At the beginning of the SteelOrbis Fall 2024 Conference & 91st IREPAS meeting held in Paris on September 15-17, Luciano Giua, economist and policy analyst at the Organization for Economic and Cooperat...
IREPAS chairman: Global long steel market becoming more and more unstable Murat Cebecioğlu, chairman of IREPAS, the global association for longs producers and exporters, has given the welcome speech at the SteelOrbis Fall 2024 Conference & 91st IREPAS Meeting taking place i...
US steel industry requests stricter trade measures The American Iron and Steel Institute (AISI) has stated that the US government needs to update its current trade laws to tackle dumping, circumvention and other unfair trade practices, while drawing a...
