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2023 will be the year of the takeoff of the hydrogen economy, primarily due to metallurgy - Platts opinion
Today, electrolysis is one of the most expensive ways to produce hydrogen in the world. However, Platts Hydrogen believes that the hydrogen market...
China to promote green transformation of development model - report
Chinese Prime Minister Li Keqiang presented the report on Sunday at the opening of the National People's Congress as part of the "Two...
South Korean metalworkers union plans strikes in April-July
The Korean Metal Workers' Union (KMWU) is planning strikes in April-July in response to the government's labor reforms affecting the...
U.S. Steel Growth: Nucor Raises HRC Flat Prices to $1,150/t
U.S. Electric Arc Furnace (EAF) steel maker Nucor has increased flat steel prices by $150/tonne, setting a floor price for hot-rolled coil (HRC) at...
German engineering concern Rheinmetall will build a tank plant in Ukraine
A new tank plant in Ukraine will be able to produce up to 400 Panther-type main battle tanks per year. A Rheinmetall plant could be built in Ukraine...
Steel production at Zaporizhstal in January-February 2023 amounted to 33% of the last year's level
In February 2023, Zaporizhstal produced 125.2 thousand tons of pig iron, 119.4 thousand tons of steel, shipped 99.6 thousand tons of rolled products....
Steel imports from Russia to India rose to an eight-year high
Russian steel imports to India rose to an eight-year high in the first 10 months of the fiscal year that began in April 2022...
Metallurgical enterprises of Ukraine reduced steel production by 6.5 times
According to the international association of steel producers Worldsteel, in January 2023, Ukraine ranked 34th in the ranking of 64 countries of the...
The United States will increase duties on more than 100 types of metals, minerals and chemicals from Russia
The United States will increase duties on more than a hundred types of Russian metals, minerals and chemicals, the Joe Biden administration announced...
SSAB Americas raises flat steel prices
An American sheet steel producer has decided to triple its prices since the start of this month....
Earthquake in Turkey will affect the global steel supply chain
The demand for steel in Turkey has been growing, especially in the real estate sector. However, after the devastating earthquake that occurred on...
Shares of steel mills in China fell by 4.1%
The reduction in stocks of rolling mills was partly due to the steady improvement in domestic demand for steel...
Earthquake in Turkey will affect the global steel supply chain
The equipment of local manufacturers and metallurgists was used in the rescue work...
World Steel Association: Crude steel production down 3.3% in January 2023
Global steel production in 63 countries reporting to the World Steel Association (worldsteel) amounted to 145.3 million tons (Mt) in January 2023,...
British Steel will import coke
British Steel is expected to close its coke ovens at Scunthorpe with the loss of 300 jobs....
BlueScope Steel faces carbon issues
Australian steelmaker BlueScope Steel has warned that blast furnace relining at its 2.1mtpa Port Kembla steel mill may be subject to favorable...
World Bank president resigns
World Bank President David Malpass plans to step down in June, a year before his term expires...
Liberty Steel to help Hungarian producer Dunaferr
Liberty Steel proposes a series of steps to ensure business continuity for Dunaferr...
Tata Steel to merge 7 subsidiaries by FY24
Tata Steel will first work on merging these seven businesses before taking the lead in merging its other subsidiaries...
Renault and Nissan resume operations in India
USD 600 million investment to support six new models to be built in India, including two electric vehicles...
Turkish company Eti Krom suspends exports of ferrochromium and chromium ore
Exports of ferrochromium and chrome ore are suspended indefinitely due to logistical problems caused by the damage caused by the Turkish-Syrian...
Voestalpine plans to launch Kapfenberg plant in March
After long delays, the launch of the new special steel plant in Austria will take place by the end of March....
ArcelorMittal reports a two-thirds drop in profits for the year
Waiting on the next financial year are the growth in demand in the steel industry, as well as the positive dynamics of international prices....
The market assesses the consequences of the earthquake in Turkey
An international trader says long disruptions to exports from Turkey are expected...
Sanjeev Gupta's Liberty Steel Seemed as Potential Buyer of Aartee Bright Bar Assets
Major supplier to UK's third-largest steel producer forced to call administrators...
Tata Steel showed a steady increase in its revenues
The World Economic Forum has recognized Tata Steel as a beacon of global diversity and inclusion...
Eurofer expects EU steel demand to fall 4.6% in 2022 and 1.6% in 2023
Some recovery in steel demand in the European Union is expected no earlier than 2024, subject to the end of the war in Ukraine and the alignment of...
