ArcelorMittal South Africa reports loss of R448 million
ArcelorMittal South Africa says weaker trading environment with substantially lower international market prices and stagnant economic growth resulted in headline
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Ferrous Metals
Anglo American: Iron ore increases by 9% to 15.6 million tonnes
Kumba – Total production decreased to 9.3 million tonnes, primarily driven by a 9% decrease in Sishen’s production to 6.4
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June 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.8 million tonnes (Mt)
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AMSA blames external factors for its poor performance
VANDERBIJLPARK, South Africa – Based on information currently available, ArcelorMittal SA advises that the Company expects: The financial information on
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Tharisa updates on PGM and chrome markets
The pressure seen in the PGM market manifested itself in some unusual and often aggressive selling patterns, with renewed fears
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Merafe’s attributable ferrochrome production decreases by 9%
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2023 decreased by
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Neometals signs vanadium offtake with Glencore
Neometals has announced it signed an offtake with Glencore. Glencore will purchase and take delivery of all saleable vanadium bearing
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JSW Steel successfully injects waste plastic into Blast Furnace
The company hopes that by injecting waste plastic into the process, coke consumption will be reduced, while maintaining the quality
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Merafe Resources announces ferrochrome price for the 3Q/2023
Merafe Resources has announced that the European benchmark ferrochrome price for the third quarter of 2023 has been settled at
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Jubilee Metals expands chrome and PGM footprint
The Jubilee chrome operations in South Africa play a key role in driving the performance and growth of the PGM
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Baowu and Rio Tinto partner to decarbonise the steel value chain
SHANGHAI – China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a
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Glencore submits alternative proposal to acquire Teck’s steelmaking coal
In response to press reports, Glencore plc (“Glencore”) confirms that it submitted a proposal to the Board of Directors of
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FPX Nickel announces $16 million investment from steel producer
FPX Nickel has announced a $16 million equity investment from stainless steel producer Outokumpu. FPX is focused on the exploration
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Steelmaker POSCO establishes C-free/low-C power generation mix
However, is it possible to stably supply green energy only with renewable energy? The fundamental reason that stable electricity supply
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Sandouville Nickel: cathode production unit affected the overall performance
The acquisition of the Sandouville nickel refinery in Le Havre, France was concluded on 4 February 2022 and therefore comparing
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POSCO reports on current status of power use at the steel works
How much electricity does steel production take? POSCO used about 25 TWh (terawatt hour) of electricity at Pohang and Gwangyang
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Short range outlook for steel industry of developing economies
Emerging and developing economies excluding China – Steel demand dynamics in emerging and developing economies are diverging, with developing Asia
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Great conversion to low-carbon eco-friendly steelmaking process
In the era of net-zero carbon, the steel industry faces a big challenge. Externally, the demand by the market and
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Global crude steel production for April 2023
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt)
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South32 Hermosa Project confirmed as FAST-41 process
South32 has advised that its 100% owned Hermosa project located in Arizona, United States, has been confirmed by the US
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Merafe reports 3 % increase in quarterly ferrochrome production
Sandton – Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture for the quarter ended 31 March 2023
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Jubilee Metals: Chrome remains robust with strong demand from China
Jubilee’s Inyoni Facility continued to deliver a strong performance in line with expectations. The Inyoni operations achieved 9 019 PGM
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Short range outlook for Chinese steel industry
Chinese steel demand contracted in both 2021 and 2022 as the Chinese economy decelerated sharply due to unexpected lockdowns that
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Short range outlook for steel industry of advanced economies
Steel demand in the developed economies suffered a sizable contraction in 2022 because of monetary tightening and high energy costs.
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Global crude steel production for March 2023
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 165.1 million tonnes (Mt)
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worldsteel Short Range Outlook April 2023
The World Steel Association (worldsteel) has released its Short Range Outlook (SRO) steel demand forecast for 2023 and 2024. worldsteel
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POSCO to secure low-carbon steel raw materials in Australia
As part of POSCO’s strategy to achieve carbon neutrality by 2050, POSCO is actively engaged in activities to secure low-carbon
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Anglo American joins H2 Green Steel for low carbon steelmaking
Anglo American has signed a memorandum of understanding with H2 Green Steel, the Swedish hydrogen and steel producer, to work
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ArcelorMittal SA to adopt a flexible approach to operating plants
ArcelorMittal announces final results December 2022; Revenue for the year grew to R40.8 billion (2021: R39.7 billion) and profit from
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February 2023 crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 142.4
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