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
Read more
Ferrous Metals
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
Eastern Platinum retreatment projects review
Vancouver, British Columbia – Eastern Platinum Limited (Eastplats) has provided the Retreatment Project operations technical summary for 2019 and 2020.
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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,
Read more
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
Read more
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
Read more
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.
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more