Steel prices at record high due to strong demand
Steel prices in the world are at an all-time unprecedented high due to strong growth in steel demand from China,
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Ferrous Metals
Bauba to capitalise on current elevated PGM pricing
Johannesburg – Bauba Resources in its condensed consolidated interim results for the six-month period ended 31 December 2020 says revenue
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JUBILEE: Chrome profits increase by 387 %
Jubilee Metals Group has pursued an aggressive growth strategy of its chrome operations. The chrome operations play a vital role
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British Steel invests GBP 100 million to support its transformation
British Steel announced that it is investing GBP 100 million in 2021 to support the next stage of its transformation.
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Steelmaking body deeply concerned over deterioration in steel market conditions
The OECD Steel Committee has expressed deep concern over the deterioration in steel market conditions related to the COVID-19 crisis,
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Eastern Platinum: retreatment project operations improve significantly
Eastplats has reported that the availability of the Retreatment Project as a 24-hour continuous operation (including chrome recovery plant, deposition
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Air Liquide and ArcelorMittal to curb emissions from steelmaking plants
Air Liquide and ArcelorMittal have signed a memorandum of understanding with the objective of implementing solutions to produce low-carbon steel
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New Walvis Bay port expansion anchored in steel
A new, high-volume modern cargo handling facility has been built on reclaimed land in Namibia, doubling capacity and transforming international
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Fossil-free sponge iron plant to be built in Gällivare
SSAB, LKAB and Vattenfall are now taking a new, decisive leap forward in their work to make fossil-free steel for
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World crude steel production increases 4.1% in February 2021
Global crude steel production for the 64 countries reporting to the World Steel Association was 150.2 million tonnes in February
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Steel raw materials: volatility continues to prevail
After sliding by USD 10 per tonne since last Thursday, iron ore prices reversed course on 23 March with benchmark
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Hot rolled coil at record high amid tight supply
Amid tight supply conditions, prices of benchmark HRC are continuing to surge in many parts of the world. Reports suggest
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Zenith Changzhou to modernize its wire rod mill
Zenith Steel Group Co. Ltd., one of the largest steel producers in China, has awarded SMS group (www.sms-group.com) the order
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China imposes steel output reductions due to strong stance on emission controls
China Tangshan’s local government on March 19 issued a notice requiring seven steelmakers in Tangshan to lower production to achieve
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ArcelorMittal launches its first XCarb green initiatives
ArcelorMittal has announced the launch of its first three XCarb initiatives, as part of the company’s journey to deliver on
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Vale starts Vargem Grande Complex filtration plant operation
Vale has gradually started the operation of the tailings filtration plant located at the Vargem Grande Complex, the first of
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Chinese steel sector remains quite buoyant
After about a month when Chinese steel market reopened after New Year Holiday, it has become clear that Chinese steel
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BHP economic outlook for steel and associated commodities
As in the macroeconomic sphere, the deployment of vaccines in key economies, albeit with some uncertainty as to timing and
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Wind energy generated hydrogen to decarbonise steel industry
Salzgitter AG, Avacon and Linde have taken an important and exemplary step on the way to decarbonising the German steel
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Eastern Platinum signs updated retreatment project agreements
Vancouver, British Columbia – Eastern Platinum has announced the Board of Directors of the Company approved and the Company executed
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Ferrochrome production decreased 11.2% year-on-year
According to Merafe Resources, South African ferrochrome production decreased by 25% year-on-year in 2020. Production was most heavily impacted in
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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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Bauba Resources gets vital cash injection
Bauba Resources, a chrome concentrate producer, has referred to the cautionary announcement released on SENS on 1 March 2021, wherein
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Electricity remains key risk for ferrochrome smelters
Electricity supply and pricing remain key risks for our business and the broader ferro alloy sectors. The electricity tariff increased
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Chinese company to build 2 million ton steel plant in Zimbabwe
HARARE – World’s top producer of nickel and stainless steel Tsingshan Holdings Group’s local unit Afrochine will start construction on
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Iron ore prices in 10% downfall
In a harsh warning to iron ore bulls, the most-active May iron ore contract on the Dalian Commodity Exchange fell
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Merafe’s strong and ungeared to withstand challenging times ahead
The COVID-19 pandemic has destabilised the global health systems and disrupted economies. This pandemic coupled with an already fragile operating
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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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GFG to start H2-steelmaking whilst Salzgitter expands its eco-product range
GFG Alliance’s LIBERTY Steel Group has signed a Memorandum of Understanding with Paul Wurth and Stahl-Holding-Saar to assess the building
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Eastern Platinum retreatment projects review
Vancouver, British Columbia – Eastern Platinum Limited (Eastplats) has provided the Retreatment Project operations technical summary for 2019 and 2020.
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