EU assesses safeguarding measures on steel imports
The European Commission has initiated an investigation to assess whether the safeguard measure currently in place on imports of certain
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Ferrous Metals
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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January 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 162.9
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Merafe Resources reduces its losses by almost 86%
Sandton – Because the JSE listings requirements, issuers are required to publish a trading statement as soon as they are
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Kumba Iron Ore delivers record earnings
Kumba Iron Ore Co. reports that it has capitalised on its product quality, a higher average realised price of US$115/tonne
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Low carbon ironmaking for low carbon steel
QUEBEC, Canada – Stahl Holding Saar, Rio Tinto and Paul Wurth have signed a Memorandum of Understanding to explore the
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Rising demand for ferrochrome as it reaches record levels
High-carbon ferrochrome prices in Europe have reached their highest level since November 2018 after steadily rising since the start of
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Boston Metal to start high value ferroalloy production
Boston Metal, the company delivering a future where steel production is emissions-free, announced that Vale and Energy Impact Partners have
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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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Tragic incident at AMSA coke oven battery
VANDERBIJLPARK, RSA – ArcelorMittal South Africa has announced that an incident at its Vanderbijlpark operations on Wednesday, 17 February 2021,
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ArcelorMittal turns profit amid rising international steel prices
Rising international steel prices, particularly in the fourth quarter of 2020, were the consequence of global steel supply shortages due
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Scrap market fluctuations create uncertainty for steelmakers
HONG KONG – Scrap market fluctuations create uncertainty for production costs and margins – The unexpected hype in prices of
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Stainless steel – largest consumer of nickel in 2020, 2021
According to Roskill, the nickel market in 2020 was strongly impacted by the global slowdown caused by the COVID-19 pandemic.
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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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AMSA updates its trading statement for the year ended 31-12-2020
VANDERBIJLPARK – ArcelorMittal South Africa Limited advises that it is in the process of finalising its results for the year
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AMY achieves 99% manganese extraction for US stockpile project
American Manganese Inc. (AMY) has announced positive manganese extraction results for the Company’s Wenden Stockpile reclamation and advanced material processing
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FOR SALE: Tata Steel Ijmuiden and thyssenkrupp Steel Europe
In the fourth quarter of 2020, SSAB announced that it was in discussions with Tata Steel concerning a possible acquisition
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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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Latest steelmaking industry news from Europe
In response to the current level of orders in the long steel sector, voestalpine is now once again operating two
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AMSA steelmaking operations return to EBITDA profitability
VANDERBIJLPARK, South Africa – ArcelorMittal South Africa, in its Trading Statement and Business Update for the year ended 31 December
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MIDA minimill starts at Nucor Steel Florida
In December, thanks to the joint efforts of Danieli and Nucor teams, Nucor Steel Florida safely started on schedule, melting,
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Kumba maintains iron ore production at similar level to Q3 2020
CENTURION, South Africa – During the fourth quarter, operational activities were hampered primarily by above average rainfall and to a
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Global crude steel output decreases by 0.9% in 2020
Asia produced 1,374.9 Mt of of crude steel in 2020, an increase of 1.5% compared to 2019. China’s crude steel
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Australia manganese ore production increases, FeMn decreases
Australia Manganese saleable ore production increased by 3% (or 59kwmt) to a record 1,834kwmt in the December 2020 half year
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South32 manganese ore production increases, no FeMn produced
South Africa manganese saleable ore production increased by 5% (or 48kwmt) to 1,086kwmt in the December 2020 half year following
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BHP’s Iron ore production increases by six per cent
AUSTRALIA – According to the Operational Review for the Half Year Ended 31 December 2020, total iron ore production increased
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Tharisa to acquire 90% shareholding in Salene Chrome Zimbabwe
PAPHOS, Cyprus – Tharisa has advised that it had acquired an option to acquire a 90% shareholding in Salene Chrome
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United States Steel takes over Big River Steel
United States Steel Corporation has closed its acquisition of the remaining equity of Big River Steel for approximately USD 774
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British Steel installs new system to monitor water network
British Steel has completed the installation of a new GBP 800,000 state of the art environmental system at its Scunthorpe
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