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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Ferrous Metals
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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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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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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