India to launch national green steel mission by December The definition of such products is planned in October The Indian government plans to launch a national green steel mission by December this year, Mint reports [1] . The definition of such products is...
China may become the leading producer of green steel by 2030 – forecast The country's competitive advantages are renewable electricity and green hydrogen production capabilities By 2030, China could become the largest producer of green primary steel thanks to its competit...
Turkey has introduced anti-dumping HRS duties from four countries Tariffs at the level of 6-43% of the CIF value will be applied to products originating in China, the Russian Federation, India and Japan Turkey has decided to introduce anti-dumping duties on imports ...
ArcelorMittal Bremen has received two electrolyzers as part of the HyBit project These electrolyzers are key components for the production of green hydrogen On October 8, 2024, ArcelorMittal Bremen, the German division of global steelmaker ArcelorMittal, received two electrolyzers...
BHP and SAIL to cooperate in decarbonizing steel production The research will consider the role of alternative reducing agents for blast furnaces The largest state-owned steel producer in India, Steel Authority of India Limited (SAIL), and Australian mining co...
Baosteel has raised HRC prices for sales in November This step is due to the increase in steel prices in the country Chinese steelmaker Baosteel has raised November domestic hot rolled coil (HRC) prices by 500 yuan per ton ($71/t). This is reported [1]...
Acerinox temporarily suspends steel production in Spain The plant in the city of Los Barrios, Cádiz province, is expected to be idle from October 12 Global producer of stainless steel and high-strength alloys, the Acerinox Group, plans to temporarily stop ...
Global stainless steel consumption in 2024 will grow by 4% y/y – WSA In 2025, the rate of consumption growth will slow down to 3% y/y Global consumption of stainless steel will grow by 4% by the end of 2024 compared to 2023, when the indicator grew by 3.2% y/y. This fo...
Tosyali Algerie starts HRC production on a new rolling mill The market expects the company to implement some test volumes for now Algerian steelmaker Tosyali Algerie, a subsidiary of Turkey’s Tosyali Holding, has started production of hot rolled coils (HRC) at...
Czech steelmakers need a realistic climate and energy plan Energy-intensive enterprises against overly ambitious climate goals without a clear strategy The Czech industry is calling on the government to adopt a realistic and well-founded National Climate and ...
DMZ produced 1.98 thousand tons of rolled products in September Rolled steel production resumed after a two-month layoff In September 2024, Dnipro Metallurgical Plant (DMZ) produced 1.98 thousand tons of rolled steel. At the same time, in September 2023, productio...
The World Bank expects China’s economy to slow down in 2025 China's GDP is expected to grow by 4.8% this year According to World Bank estimates, China’s GDP growth rate next year will decrease to 4.3% compared to the projected 4.8% in 2024. This is stated [1]...
