Hydnum Steel and Gonvarri Industries Sign €1 Billion Green Steel Supply Agreement Hydnum Steel (HS), Spain's first green steel plant, has announced a strategic partnership with Spanish multinational Gonvarri Industries to supply green steel over the initial seven years of operation...
CSN Temporarily Halts Blast Furnace Operations in Brazil Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) has announced the temporary suspension of its No. 2 blast furnace operations at the Usina Presidente Vargas (UPV) unit. The blast furnace, wit...
U.S. Raw Steel Production Declines Slightly Week-on-Week According to the American Iron and Steel Institute (AISI), for the week ending January 18, 2025, U.S. raw steel production totaled 1,750,000 net tons, with a capability utilization rate of 78.5%. This...
SteelOrbis RWR 2025: Consolidation and Tariffs Reshaping the Longs Market The *SteelOrbis Raw Material and Wire Rod (RWR) Report 2025* sheds light on key trends expected to influence the global steel industry, particularly the longs market: 🔹 *Market Consolidation:* Produc...
Vietnam Imposes Anti-dumping Duties On Imported Steek and Wind Towers The Ministry of Industry and Trade (MoIT) of Vietnam has announced the implementation of anti-dumping measures on specific imported products to safeguard domestic industries from unfair competition. A...
DMZ produced 7.1 thousand tons of rolled steel in November In November 2024, Dnipro Metallurgical Plant (DMZ) produced 7.1 thousand tons of rolled steel, compared to no production in October. The figure decreased by 12% compared to November 2023. This is sta...
JSW Steel increased steel production by 5% y/y in November Indian steel company JSW Steel increased its consolidated steel production by 5% year-on-year to 2.32 million tons in November this year. This is reported [1] by CNBCTV18. Steel production in India ...
Ukraine reduced exports of semi-finished products to a 9-month low in November In November 2024, Ukrainian steel enterprises reduced exports of semi-finished products by 37.7% compared to the previous month, to 89.9 thousand tons. The figure increased by 28% compared to November...
Assofermet notes uncertainty in the steel market at the beginning of 2025 Stable low demand and complex dynamics were recorded in November The Italian and European steel markets in December of this year demonstrate a scenario of significant uncertainty. This is stated in th...
India announces green steel classification formula Steel products produced with CO2 emissions of less than 2.2 tons per ton of rolled steel will be considered green The Indian Ministry of Steel has announced a formula for determining green steel, Reut...
The cost of industrial decarbonization projects under development reaches $1 trillion Developing countries need $70 billion for industrial decarbonization by 2030 Currently, projects to decarbonize heavy industries such as steel, cement, and chemicals worth about $1 trillion are under ...
Baosteel to maintain current flat steel prices for January sales The company continues to adhere to the December price strategy Chinese steelmaker Baosteel will maintain current prices for hot rolled coil (HRC) for the domestic market for sales in January 2025. Thi...
