Nippon Steel to invest $1 billion in digital transformation
Nippon Steel in new medium to long term management plan has announced JPY 100 billion or more into its digital
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Asia
Tin smelter relocated, producing at 90% capacity
Tin recovered from an end-February stumble in the base metals complex. The price now sits at nearly US$ 26,000/tonne. Three
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China unveils nationwide carbon trading market
World’s largest emitter of greenhouse gases China has flipped the switch on a nationwide carbon trading market on 1 February
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Korean giants to invest $38 bn in hydrogen industry
Local media reported that Hyundai Motor, SK Group, POSCO, Hanwha and Hyosung will invest a total of around 43.4 trillion
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AM/NS India to build 12 million tonne integrated steel plant
AM/NS India and the Odisha government signed a memorandum of understanding for setting up a 12 million tonne integrated steel
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Calderys’ China plant receives accreditation for its environmental efforts
CHINA – Calderys-owned Zhangjiagang plant in the province of Jiangsu in China has become the only company in the refractory
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SINOPEC invests in state-of-the-art spiral pipe plant
SINOPEC Shashi Steel Pipe Works (SINOPEC SSPW) has placed an order for the supply of a spiral pipe plant for
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Posco develops stainless steel for desulfurization facilities
Korean media reported that Posco, the largest South Korean steelmaker, has succeeded in developing core materials used in desulfurization facilities
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Posco and Hyundai Steel to ramp up steel production
Yonhap reported that South Korean steelmakers are rushing to ramp up capacity utilization in an effort to meet rising demand
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Surge in iron ore price as markets reopen in China
After its New Year Holidays, China’s market reopened on 18 February 2021 with benchmark 62% Australian iron ore fines surging
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UAE produces aluminium using the power of the sun
United Arab Emirates – Dubai Electricity and Water Authority (DEWA) and Emirates Global Aluminium (EGA) have announced a new global
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Tosyali to build flat steel greenfield plant
Turkish steel producer Tosyali Demir Celik Sanayi has ordered Primetals Technologies to supply an EAF Quantum electric arc furnace, a
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China to close small ferrochrome furnaces
Roskill has reported that under the guidance of China’s 14th five-year plan (2021-2025), officials have started to impose several measures
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Dragon Steel modernises its six-strand billet caster
Dragon Steel Corporation, Ltd., a subsidiary of China Steel Corporation located in Taichung, Taiwan, has granted SMS Concast the final
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Front-loading extrusion press for PMS Aluminium
Turkish company PMS Aluminium, based in Bursa, selected Danieli Breda to supply a new, 40-MN, 10-in. front-loading extrusion press. The
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China to reduce its crude steel output in 2021
According to China’s Ministry of Industry and Information Technology, the country committed to reducing China’s crude steel output in 2021
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EGA completes major refurbishment of Al Taweelah Potline 3, one of the longest potlines in the world
United Arab Emirates – Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas,
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Environmentally-sound iron ore pelletizing plant for China
Metso Outotec has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd (BSIET) on the delivery of environmentally
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Building domestic clinker production in Nepal
After years relying on clinker imports, the Nepalese cement industry is now seeing rapid expansion of its domestic clinker production
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Stamp charging coke oven technology successful in China
Paul Wurth has been awarded recent orders for engineering services, the supply of coke oven machines as well as of
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EU fights Indonesia’s export restrictions on raw materials
BRUSSELS – EU has requested the establishment of a panel at the World Trade Organization to seek the elimination of
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Asia fires up alternative fuels adoption in rotary kilns
With the urgency of climate change accelerating and cement production emitting 7% of the world’s CO₂, all eyes are on the
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Optimizing energy efficiency in integrated steelworks
DÜSSELDORF – SULB and SMS digital cooperate in identifying and tapping potentials for energy savings in SULB’s integrated steelworks in
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New reheating furnace in operation at JSW
Danieli Centro Combustion India completed the scheduled start-up of the new, 220-tph walking-beam reheating furnace at wirerod mill #2 of
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Rio Tinto confirms development capital for Oyu Tolgoi copper mine
LONDON – Rio Tinto has unveiled a pathway for the ongoing development of the underground project at Oyu Tolgoi in
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Borneo Alumina begins construction of Alumina Refinery
PT Borneo Alumina Indonesia (PT BAI), a subsidiary of State Owned Enterprise (SoE) PT Indonesia Asahan Aluminium – also known
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China automobile industry suffers from C-19 impact
The China Passenger Car Association has reported that passenger vehicle sales, referring to cars, MPVs, SUVs and minibus, in China
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Turkey to impose import duties on EU and Korean steel
Turkish Minister of Commerce, after examining the complaint of Turkish steelmakers, has began an anti dumping probe on imports of
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Turkey’s Erdemir takes over Kümaş Magnesite
Erdemir, an OYAK Mining Metallurgy company, announced that a US$ 340 million agreement was signed with Yıldız Holding and Gözde
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AVZ Signs First Lithium Offtake Agreement with GFL International
AVZ Minerals Limited has secured a strategic, long-term offtake partner with GFL International Co., a subsidiary of China’s largest lithium
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