Steel industry production news.

Indias secondary steel units reeling under weak demand, high ...
india iron ore trade
Tue, 21 Jan 2025 00:00:00 GMT
A slump in steel prices, high raw material costs, and a surge in power tariffs in Indias secondary steel hub Chhattisgarh are making smaller steelmakers operations unviable and casting doubts on its expansion plans. The state located in central India with proximity to iron ore and coal mines has the countrys second-largest crude steel-making capacity, second only to Odisha which holds a cluster of primary steelmakers and will be key in helping reach Indias vision of 300 million mt steel


China battles steel supply-demand imbalance, industry chief says
china results steel
Tue, 21 Jan 2025 00:00:00 GMT
China is facing a significan't imbalance between supply and demand in its steel market, the head of state-backed China Iron and Steel Association (CISA) said in comments reported by China Metallurgical News on Monday. Despite Chinas efforts to control capacity expansion and encourage industry concentration, these initiatives have not yielded significan't results, said CISA President Yao Lin. Compounding the problem, some companies continue to ramp up production and compete by slashing prices,


Whyalla steelworks up and rolling again
production steel
Tue, 21 Jan 2025 00:00:00 GMT
Another milestone following blast furnace restart The resumption of steel production in the Whyalla Steelworks has reached another milestone


CCEA approves Rs 11,440 crore RINL revival plan
india production sail steel
Sat, 18 Jan 2025 00:00:00 GMT
The CCEA approved an Rs 11,440 crore revival plan for RINL, including Rs 10,300 crore in fresh equity. RINL aims to achieve peak steel production capacity and liquidate outstanding dues of Rs 35,000 crore. Additionally, the Steel Ministry proposes merging KIOCL with NMDC and considers integrating RINL into SAIL in the


Rio Tinto releases fourth quarter production results
australia results rio
Wed, 15 Jan 2025 00:00:00 GMT
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto Chief Executive Jakob Stausholm said: Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the business as we execute our strategy to deliver profitable growth. The implementation of our Safe Production System has again contributed to greater consistency across key operations, including our iron


Ukraine: Pokrovskugol decreases output due to military action
coal metinvest production russia
Tue, 14 Jan 2025 00:00:00 GMT
Due to military action in its proximity, Metinvest Pokrovskugol has decreased coking coal output. According to the company, the miners have learned to rearrange the manufacturing process during the war and continue providing Ukraine with as much coal as possible. The site No. 2 of Pokrovskoye Mine Group is developing the 11th northern long


Nucor TowersandStructures expanding nationwide footprint
nucor production usa
Fri, 10 Jan 2025 14:49:00 GMT
Nucor Corp. has announced that its TowersandStructures business unit will build its third utility structures production facility in Brigham City,


POSCO Future M Achieves Domestic Production of Essential Steelmaking ...
korea posco production steel
Fri, 10 Jan 2025 00:00:00 GMT
POSCO Future M Achieves Domestic Production of Essential Steelmaking Material Electrode Rods


Tata Steel Nederland reports higher production, deliveries
netherlands production steel tata
Thu, 09 Jan 2025 00:00:00 GMT
Tata Steel Netherlands has reported a rise in steel production and deliveries in its third fiscal...


Biden blocks $14.3bn Nippon Steel acquisition of US Steel, citing ...
investment nippon steel
Sat, 04 Jan 2025 00:00:00 GMT
Decision sparks debate over foreign investment, union jobs, and the future of US steelmaking


Number of media reports: 10
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