US HRC exports up 40.4 percent in May In a recent report released by the US Department of Commerce [1] , it has been revealed that the United States witnessed a substantial surge in the export of hot rolled sheet in May 2023. The data sh...
US CRC imports up 85.2 percent in May Based on preliminary census data from the US Department of Commerce [1] , US imports of cold rolled sheet in May 2023 amounted to 128,463 metric tons, showing a substantial increase of 85.2% compared...
Blastr Green Steel and Cargill Partner to Accelerate Decarbonization of Steel Value Chain Blastr Green Steel [1] , a leading developer of ultra-low CO2 steel products, and Cargill [2] , a significant player in the global ferrous supply chain, have signed a strategic framework agreement to...
US HRC imports up 18.9 percent in May According to preliminary census data from the US Department of Commerce [1] , US imports of hot rolled sheet totaled 155,480 mt in May 2023, up 18.9 percent from April but down 22.9 percent from May ...
US HDG imports up 29.7 percent in May Preliminary census data from the US Department of Commerce [1] reveals that in May 2023, the United States imported a total of 187,911 metric tons (mt) of hot dipped galvanized (HDG) sheet and strip...
US raw steel production up 0.9 percent week-on-week According to the American Iron and Steel Institute (AISI) [1] , in the week ending on June 24, 2023, US domestic raw steel production was 1,758,000 net tons while the capability utilization rate was ...
The European Commission grants €280 million to support ArcelorMittal's decarbonization Under EU State aid regulations, the European Commission has granted approval to a Belgian initiative worth €280 million aimed at supporting ArcelorMittal Belgium [1] (referred to as 'ArcelorMittal')...
POSCO and Oman Set to Finalize $6.7 Billion Green Hydrogen Agreement According to sources, an international consortium led by POSCO [1] has successfully secured a $6.7 billion contract to establish a green hydrogen production facility in Duqm, Oman. This ambitious pr...
Turkey's CRC imports up 26.8 percent in January - April According to data from the Turkish Statistical Institute (TUIK) [1] , Turkey's cold rolled coil (CRC) imports in April of this year decreased by 10.9 percent compared to the previous month, amounting...
Gerdau inaugurates new caster at Brazilian special steel plant Gerdau [1] , a leading steel producer in Brazil, has proudly announced the successful launch of a cutting-edge continuous caster for special steel blooms and billets at its Pindamonhangaba plant in Sã...
Vietnam's Steel Exports Surge by 10.4% in January - May According to the latest data released by Vietnam's General Department of Customs [1] , the steel exports of Vietnam witnessed a significant increase in May this year. The total amount of steel export...
Mexicana Aceroteca to Inject $10 Million into Texas Steel Processing Center Aceroteca [1] , a Mexico-based steel distributor and processor located in Nuevo Leon, has seized a lucrative business opportunity by partnering with two other entities to invest $10 million in a state...
