Goldman Sachs: EU's CBAM could significantly hit China's steel exports The European Union's carbon tax under its Carbon Border Adjustment Mechanism (CBAM) that will enter into force from 2026 could significantly affect China's steel and aluminum exports, according to a r...
Turkey’s Isdemir to build solar power plants in Diyarbakir and Çorum Turkey's Ministry of Environment and Urbanization has announced that the environmental impact assessment (EIA) application made by Turkish steelmaker İskenderun Demir Çelik A.Ş. (İsdemir) for its sola...
Mexico's Conduit Rymco will produce steel tubing for aeronautics and automotive Conduit Rymco, a Mexican producer of steel tubing for the electrical and construction industry will build a 15,000-square-meter plant to serve the aeronautical and automotive industries with an invest...
India to hike subsidy corpus for green hydrogen adoption by domestic steel mills The Indian government is committed to allocating higher subsidies for use of green hydrogen by the domestic steel industry from the current corpus of $54.7 million, Indian minister for new and renewab...
Ukraine's Sukha Balka produces 931,000 mt of iron ore at restarted Frunze mine in 2023 Ukraine's Sukha Balka [1] , a key player in the country's iron ore mining sector and a part of the DCH Group, has proudly declared a significant achievement with the production of 931,000 metric tons...
Thyssenkrupp CEO: Germany needs to extend hydrogen network in Europe Thyssenkrupp [1] CEO, Miguel López, has emphasized the strategic significance of extending the hydrogen network in Europe, particularly through the construction of new pipelines connecting southern E...
POSCO completes construction of electrical steel sheet plant at Gwangyang South Korea's renowned steel manufacturer, POSCO [1] , has successfully concluded the initial phase of construction for its cutting-edge non-oriented electrical steel sheet plant at Gwangyang Steel W...
IDDMIB: Turkey must revoke antidumping duty on stainless steel Fikret Kaya, a member of the supervisory board at the Istanbul Ferrous and Non-Ferrous Metals Exporters' Association (IDDMIB), has strongly advocated for the removal of the eight percent antidumping d...
Turkey's Erciyas Çelik Boru to export gas pipes to Europe Turkey's leading steel pipe manufacturer, Erciyas Çelik Boru Sanayi A.Ş. [1] , is set to bolster its presence in the European market with a significant natural gas pipe order valued at €164.83 millio...
Iron ore exports declined in 2023 at Bolivia's El Mutun In 2023, Empresa Siderurgica del Mutun (ESM) [1] , a prominent Bolivian steel and iron ore company, reported a notable decline in iron ore exports from the El Mutun region. The company exported 130,0...
ÇİB: Turkey becomes net importer for the first time since 2015 In a press conference hosted by the Turkish Steel Exporters' Association (ÇİB) [1] today, the state of the Turkish steel industry in 2023 was analyzed, accompanied by insights into future targets an...
New inland gas pipeline to require more steel plate in Brazil Equinor's Brazilian subsidiary has engaged Azevedo & Travassos (A&T) [1] engineering for the construction of a pivotal inland gas pipeline connecting the Cabiúnas terminal in the Campos oil basin, s...
