India's Tata Steel to double steelmaking capacity with focus on domestic expansion India's Tata Steel Limited will double its total steelmaking capacity to 40 million mt per year, changing its global strategy that will see the share of domestic production rising to 75 percent of the...
How the Russia-Ukraine war has impacted on logistics routes and supply chains Supply Chains in EU and Ukraine total changed after 27 months of war Today geopolitics becomes the major challenge for supply chains. During last three years majority of logistics challenges were con...
China updates roadmap for achieving carbon neutrality in steel industry The country maintains the goal of reducing CO2 emissions in the steel industry by 40% in 2040 China’s Steel Industry Expert Committee on Low-Carbon Metallurgy has published a new report on achieving ...
Austria's Unger Steel contributes to decarbonization of steel construction industry Austria-based steel construction company Unger Steel Group has announced that it has begun to benefit from sustainable solutions such as green steel and clean energy during its operations in order to ...
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...
