UK Steel: Current electricity costs weigh down local steel industry The UK-based trade association UK Steel has discussed electricity costs for the local steel industry and their effects in its latest report. The association stated that wholesale electricity prices ha...
Global prices for hot-rolled coils declined in June The automotive industry and the production of household appliances in the EU have problems with sales of their products Global hot-rolled steel prices stagnated in most major regions in July. The mark...
High costs for electricity in the EU will remain in the transition to net zero Providing electricity at competitive prices will be crucial for preserving Europe's industrial base The European Union will still have higher electricity prices than the United States and China, even ...
Snam, Tenaris Dalmine and Tenova to test hydrogen-based steel production Within the scope of their collaboration, the leading European energy infrastructure operator Snam, the global leader in pipe manufacturing TenarisDalmine and the developer of green solutions for the m...
Tokyo Steel unveils new near-zero emission steel products Japanese steel producer Tokyo Steel has announced the launch of its new near-zero emission steel products, including hot rolled steel, steel pipes, long steel and steel plates. Described as "as close ...
Cheap Chinese steel harms Latin American steel industry – experts This situation threatens the jobs and activities of regional producers Latin America’s steel industry is facing a crisis due to unfair trade practices by China, which has flooded the market with cheap...
Blastr Green Steel partners with Belgium's Lhoist for ultra-low carbon steel value chain Norwegian decarbonized steel developer Blastr Green Steel has announced that it has inked a partnership deal with Belgium-based Lhoist for the development of a scalable decarbonized value chain for ul...
Sharp fluctuations in electricity prices in Germany threaten the stable operation of the steel industry Last week, due to a sharp increase in spot prices, the German rebar factory Feralpi Stahl temporarily suspended work Sharp fluctuations in spot electricity prices on the European energy exchange Epex...
Tata Steel Nederland unveils new steel product with high scrap content Tata Steel Nederland, a subsidiary of Indian steelmaker Tata Steel, has announced the launch of ZeremisⓇ Recycled, its new steel product which has a higher recycled scrap content, aiming to help its c...
Indian government discusses growth of Chinese steel imports Leading steel companies are calling for an increase in import duties India’s ministries of steel and commerce are in dialogue about the growth of imports of steel products, especially Chinese ones, am...
MEXICAN GASA DEBUTS IN DEBT MARKET TO FINANCE NEW STEEL PLANT Grupo Fonderia, the controller of the steel company Grupo Acerero (GASA), with a program authorized to issue up to MXN 5 billion ($266 million) in debt securities in the stock market, made its first p...
THE SIGNING CEREMONY OF THE STRATEGIC COOPERATION BETWEEN HOA SEN GROUP (VIETNAM) AND SP GROUP (SINGAPORE) FOR THE SUSTAINABLE DEVELOPMENT OF CLEAN ENERGY AT HOA SEN GROUP'S STEEL MILLS NATIONWIDE On the morning of June 27, 2024, Hoa Sen Group (Vietnam) and SP Group (Singapore) officially signed a strategic partnership agreement for the sustainable development of clean energy at Hoa Sen Group's...
