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Iron ore slides to nearly one-week low on subdued Chinese steel ...
iron ore market singapore
Wed, 24 Apr 2024 00:00:00 GMT
Iron ore futures prices extended losses for a second straight session on Tuesday to their lowest level in nearly one week on signs of softening in the steel market due to subdued demand in top consumer China. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade down 1.91% at 849 yuan ($117.17) a metric ton, its lowest since April 17. The benchmark May iron ore SZZFK4 on the Singapore Exchange slipped 2.88% to $112.85 a ton, as of

https://www.hellenicshippingnews.com/iron-ore-slides-to-nearly-one-week-low-on-subdued-chinese-steel-market/

Ukraine: Ferrexpo output up in Q1 2024
ferrexpo iron ore production ukraine
Wed, 24 Apr 2024 00:00:00 GMT
In January-March, Ferrexpo manufactured 2.054 million tons of iron ore products, up by 203% QoQ. Two to three of four pelletizing lines were used in manufacture. Pellets production grew by 189% QoQ, to 1.81 million tons. The group also produced 240.5 thousand tons of concentrate with iron content of 67%, up by 380%. Sales

https://metalukraine.com/2024/04/24/ukraine-ferrexpo-output-up-in-q1-2024.html

Fortescue Forecasts Annual Iron-Ore Shipments at Lower End of ...
fmg
Tue, 23 Apr 2024 23:34:00 GMT
Fortescue expects annual iron-ore shipments at the lower end of its prior forecast range after an ore car derailment and bad weather affected its operations in the third

https://finance.yahoo.com/m/a47e849a-52be-305f-a642-83000cb32288/fortescue-forecasts-annual.html?.tsrc=rss

Imports put strong pressure on rolled metal prices in Europe
europe market steel
Tue, 23 Apr 2024 14:50:02 GMT
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings

https://metallurgprom.org/en/news/europe/14923-import-okazyvaet-silnoe-davlenie-na-ceny-metalloprokata-v-evrope.html

The 22nd annual Great Designs in Steel symposium returns May ...
steel usa
Tue, 23 Apr 2024 14:39:00 GMT
The 22nd annual Great Designs in Steel symposium (GDIS), hosted by the American Iron and Steel Institute (AISI), will take place May 22, 2024, at Suburban Collection Showplace in Novi,

https://www.thefabricator.com/thefabricator/news/metalsmaterials/the-22nd-annual-great-designs-in-steel-symposium-returns-may-22

Why Ukrainian businesses need to start the green transition now
ghg interpipe investment ukraine
Tue, 23 Apr 2024 10:00:00 GMT
Back in 2012, Interpipe built a modern electric arc furnace complex and reduced greenhouse gas emissions by 10 times

https://gmk.center/en/opinion/why-ukrainian-businesses-need-to-start-the-green-transition-now/

Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1
market nucor steel usa
Tue, 23 Apr 2024 00:00:00 GMT
Earnings in Nucor's (NUE) steel mills unit increase sequentially in Q1 on higher average selling prices and increased

https://www.zacks.com/stock/news/2260148/nucors-nue-earnings-lag-revenues-beat-estimates-in-q1

Uniper Inks Green Hydrogen Supply Deal For Salzgitters Steel ...
germany ghg production salzgitter steel
Tue, 23 Apr 2024 00:00:00 GMT
Power Apr 23, 2024 Uniper inks green hydrogen supply deal for Salzgitters steel production German steel producer Salzgitter has signed a pre-contract for the offtake of Uniper-produced green hydrogen... View

https://www.h2-view.com/story/uniper-inks-green-hydrogen-supply-deal-for-salzgitters-steel-production/2109078.article/

POSCO Named World Steel Associations Sustainability Champion ...
korea posco steel
Tue, 23 Apr 2024 00:00:00 GMT
POSCO Named World Steel Associations Sustainability Champion for Third Consecutive Yea

https://newsroom.posco.com/en/posco-named-world-steel-associations-sustainability-champion-for-third-consecutive-year/

Bureaucratic delays threaten support for transition: Eurofer
eurofer europe investment steel
Tue, 23 Apr 2024 00:00:00 GMT
European Resilience Fund money, meant to support investment by steelmakers into cleaner technology...

https://eurometal.net/bureaucratic-delays-threaten-support-for-transition-eurofer/

Number of steel industry news articles: 10
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Regional News and Industry Developments

South Asia Announcements

Domestic finished steel consumption grows 13% to 136 MT in FY24: ...
india steel
Thu, 18 Apr 2024 00:00:00 GMT
Domestic finished steel consumption has registered a growth of 13 per cent to 136 million tonnes during 2023-24, supported by increased demand from automotive and infrastructure sectors, SteelMint India said. The country consumed 120 million tonne (MT) finished steel in the preceding 2022-23 financial year, the research firm said in a report. Demand from the automotive industry improved in FY24, along with focus increasing towards the EVs. Infrastructure and construction sectors also showed

GIFT Nifty up 70 points; here's the trading setup for today's ...
india sail
Mon, 08 Apr 2024 00:00:00 GMT
Change in Composition of SAIL Board - Resignation of Indpendent Directo

JSW Steel Announcement under Regulation 30 (LODR)-Press Release ...
jsw production steel
Mon, 08 Apr 2024 00:00:00 GMT
JSW Steel reports its highest ever annual Consolidated Crude Steel Production of 26.43 Million tons surpassing its yearly production guidance

Middle East Media Releases

Ukraine: steel billets exports to Turkiye up in February 2024
steel trade ukraine
Thu, 11 Apr 2024 00:00:00 GMT
In February, Ukraine exported 9.69 thousand tons of steel billets to Turkiye. In February 2023, insignifican't volumes were exported (54 tons). In January-February, Ukraine exported 30.68 thousand tons of billets to Turkiye. Ukraine accounted for 7% of Turkiyes steel billets imports. (Ukrainian

IMIDRO invests $32m to develop infrastructure in mining zones
imidro iran
Tue, 12 Mar 2024 18:00:04 GMT
TEHRAN - The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has invested more than 16.285 trillion rials (about $32 million) for the development of infrastructure in the countrys mining zones in the first 11 months of the current Iranian year (ends on March

Global scrap prices fall under pressure from uncertainty in the ...
market scrap turkey
Tue, 12 Mar 2024 00:00:00 GMT
Turkish steelmakers have suspended purchases

South America Industry Headlines

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

Vale operations in Brazil now 100% renewable energy-powered
brazil vale
Mon, 15 Apr 2024 00:00:00 GMT
Vale (NYSE: VALE) announced Monday it had achieved its goal of running all of its Brazilian operations based on renewable energy sources, two years

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