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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...
oct. 14, 2024
0 1392
News

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]...
oct. 11, 2024
0 1513
News

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 ...
oct. 11, 2024
0 1476
News

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...
oct. 11, 2024
0 1282
News

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...
oct. 11, 2024
0 1346
News

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 ...
oct. 11, 2024
0 1317
News

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...
oct. 11, 2024
0 1720
News

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]...
oct. 11, 2024
0 1300
News

Romanian Artrom started using green energy in steel production
The company signed a contract with a large electricity supplier in Romania The Romanian pipe producer, which is part of the Serbian investment bank Hefestos, has started using certified green energy i...
oct. 10, 2024
0 1464
News

India should double tariffs on steel imports – CEO of AMNS India
Currently, the country faces dumping and unfair pricing India has to double the tariffs on steel imports to control it. Dilip Oomen, CEO of ArcelorMittal Nippon Steel India, expressed this opinion, Re...
oct. 10, 2024
0 1426
News

ANNOUNCEMENT: Review of the economy "What prevents steel production from growing?"
Experts will analyze what factors prevent Ukrainian steel industry from working at full capacity On October 15, the Center for Economic Strategy (CES) together with the German Economic Team (GET) invi...
oct. 10, 2024
0 1192
News

Electricity prices in Europe fell significantly in September
The Ukrainian day-ahead market price in September was €123.7/MWh In the EU, average monthly wholesale prices for the day ahead in September 2024 mostly fell significantly compared to the previous mont...
oct. 10, 2024
0 1189
News
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