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World Steel News

Flexsteel Industries, Inc. to Present at Sidoti Virtual Investor ...
market steel usa
Tue, 07 May 2024 00:00:00 GMT
Flexsteel Industries, Inc., one of the largest manufacturers, importers and marketers of residential furniture products in the United States, today announced that

https://www.steel-technology.com/news/flexsteel-industries-inc-to-present-at-sidoti-virtual-investor-conference

Japanese steelmaker JFE eyes overseas investments amid slower ...
japan jfe results steel
Tue, 07 May 2024 00:00:00 GMT
The country's No. 2 steelmaker plans to ramp up overseas investments as part of a long-term drive to double profits.

https://www.japantimes.co.jp/business/2024/05/07/companies/jfe-overseas-investments-slow-growth/

Cheap iron ore, high scrap prices to widen Southeast Asia BF-EAF ...
production scrap
Tue, 07 May 2024 00:00:00 GMT
Cheaper iron ore and coking prices would bring down the blast furnace route of billet production cost, while higher scrap prices are pulling electric arc furnace-based production costs in the opposite direction moving into May, according to S&P Global Commodity Insights estimates. The spread between the average cost per metric ton of billet produced by EAF steelmakers and the blast furnace-converter route is expected to widen sharply to $76/mt in May from $59/mt in April, Commodity

https://www.hellenicshippingnews.com/cheap-iron-ore-high-scrap-prices-to-widen-southeast-asia-bf-eaf-billet-production-costs-in-may/

Linde Inks Deal to Provide Industrial Gases to Worlds Pioneering ...
ghg steel
Mon, 06 May 2024 17:04:00 GMT
On May 1st, 2024, Linde revealed the signing of a long-term contract with H2 Green Steel to provide industrial gases for the world's

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/linde-inks-deal-to-provide-industrial-gases-to-world-pioneering-green-steel-plant-27695

Uzbekistan: projects in metallurgical industry to be implemented
metals uzbekistan
Mon, 06 May 2024 00:00:00 GMT
Uzbekistan plans to implement promising projects worth $500 million on rare earth metals with the participation of foreign experts and investors. This issue was reviewed at a meeting held by the President of Uzbekistan, Shavkat Mirziyoyev, to discuss tasks in the spheres of geology and metallurgical industry. During the meeting, the president noted that

https://metalukraine.com/2024/05/06/uzbekistan-projects-in-metallurgical-industry-to-be-implemented.html

Steel destocking ends in Europe but customers still cautious ...
europe market steel
Fri, 03 May 2024 00:00:00 GMT
The end of destocking activity in the European steel market will lay the foundation for a rebound in...

https://eurometal.net/steel-destocking-ends-in-europe-but-customers-still-cautious-arcelormittal-says/

H2 View Issue #51
steel
Thu, 02 May 2024 00:00:00 GMT
Issue May 02, 2024 H2 View Issue #51 Industrial applications is a topic we simply cannot ignore. From the steel in our buildings... View

https://www.h2-view.com/issue/h2-view-issue-51/2109569.article/

In US-China trade disputes, no sector seems immune
egypt steel trade
Wed, 01 May 2024 00:00:00 GMT
Daily News Egypt - China steel gets hit by higher import duty - and this is not the exceptio

https://gulfnews.com/gulfnews/business/analysis/in-us-china-trade-disputes-no-sector-seems-immune-1.1714557708708

Thyssenkrupp Media Release
germany tks
Tue, 30 Apr 2024 16:00:36 GMT
Union announces talks with Carlyle on majority stake in Thyssenkrupp Marine Systems

http://uk.investing.com/news/stock-market-news/union-announces-talks-with-carlyle-on-thyssenkrupp-marine-systems-investment-3463698

Primetals Press Release
china metals primetals
Tue, 30 Apr 2024 00:00:00 GMT
Chinese Steel Producer Orders Worlds Most Powerful Continuous Caster from Primetals Technologies

https://www.primetals.com/press-media/news/chinese-steel-producer-orders-worlds-most-powerful-continuous-caster-from-primetals-technologies

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Vale and Caterpillar sign agreement to test battery electric ...
vale
Wed, 01 May 2024 00:00:00 GMT
Vale and Caterpillar sign agreement to test battery electric trucks Wednesday, 01 May 2024 10:00 Vale and Caterpillar have signed an agreement to test battery electric trucks and conduct ethanol

Beltrame Group - Partnership Chalibria
ghg steel vale
Fri, 19 Apr 2024 00:00:00 GMT
More and more players throughout the value chain believe in #Chalibrias certified carbon neutral steel. According to international greenhouse gas standards, buying #Chalibria allows customers to reduce their indirect emissions and to declare an equivalent reduction in the category of goods purchased for Scope 3. #afvbeltramegroup SIDERGAMMA s.r.l.

Vale reaches 100% renewable energy consumption target in Brazil
brazil vale
Tue, 16 Apr 2024 00:00:00 GMT
Vale reaches 100% renewable energy consumption target in Brazil Tuesday, 16 April 2024 10:00 Vale has announced that all of the electricity used in its Brazil operations in 2023 came from renewable sources, two years ahead of its scheduled

CIS Media Releases

Ukraine: coal sales endangered by energy sector shelling
coal ukraine
Tue, 07 May 2024 09:45:22 GMT
In case shelling of energy objects continues, state and private mines will face the problem of overstocked warehouses, as they will nowhere to sell coal to. According to the vice-president on energy issues of the Ukrainian National Committee of the International Chamber of Commerce Olexander Trokhymets, the occupiers have destroyed or taken almost all

Ukraine: occupiers cutting Avdiivka Coke for scrap
scrap ukraine
Tue, 07 May 2024 09:45:04 GMT
Russian occupiers are sacking the ruins of Avdiivka. In particular, they have started cutting the destroyed Avdiivka Coke and Chemical Works for scrap. According to the Center of the National Resistance, scrap is taken to the port of the occupied Mariupol, and the income from its sale goes to the bogus companies of Denis

EU's Russia-origin semis, iron imports continue to fall
russia steel trade
Fri, 26 Apr 2024 00:00:00 GMT
The EU reduced imports of steel products and ferrous raw materials from Russia in January-February...

Africa Industry Headlines

Belarus: BMZ to increase steel exports to Africa
steel trade ukraine
Mon, 01 Apr 2024 00:00:00 GMT
Belarus Iron and Steel Works intends to supply at least 200 thousand tons of steel to Africa in 2024. Last year, the company exported 140 thousand tons there. As of March, the company was already producing 200 thousand tons of steel per month. (Ukrainian

Anglo American South Africa iron ore mines assessed on responsible ...
anglo iron ore south africa
Wed, 27 Mar 2024 00:00:00 GMT
Anglo American South Africa iron ore mines assessed on responsible mining standard Wednesday, 27 March 2024 10:00 Anglo Americans Sishen and Kolomela iron ore mines in South Africa have been assessed against the IRMA comprehensive mining

China Baowu plans to invest about $1 billion ...
baowu guinea iron ore
Wed, 31 Jan 2024 09:47:24 GMT
The world’s largest steelmaker, China Baowu Steel Group, has raised 10 billion yuan ($1.4 billion) through a bond issue, partly for the large-scale Simandou iron ore project in Guinea. Nasdaq reports this with reference to the company’s report on the Shanghai Stock Exchange. The capital raised through the issuance of three-year fixed-rate bonds with an … The post China Baowu plans to invest about $1 billion in the development of Simandou appeared first on

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