July 2023 global crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5
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steelmaking
SMS and SAIL to develop processes to decarbonize steel production S
SMS group and SAIL (Steel Authority of India Limited), a Maharatna PSU, have drawn up a memorandum of understanding to
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ArcelorMittal South Africa reports on its operations
The company’s average capacity utilisation increased from 42% in H1 2022 to 53% in 2023. Crude steel production increased by
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ArcelorMittal South Africa reacts on local and international markets
Global crude steel production (source: World Steel Association) decreased by 1% or 11 million tonnes in the first half of
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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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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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EAF equipped with Consteel and Electromagnetic Stirrer for POSCO
The South Korean steelmaker has a track record of pursuing the decarbonization of its high-quality steel products, which mostly include
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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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May 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.6 million tonnes (Mt)
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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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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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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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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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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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Green hydrogen to decarbonise the steel industry
The steel industry is responsible for around 5 per cent of CO₂ emissions in the European Union (EU) and 7 per
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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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Automated forging line for energy efficiency and optimized processes
Jiuli, headquartered in Huzhou City, Zhejiang Province, China, has awarded SMS group the final acceptance certificate (FAC) for putting the
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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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First slab cast on one of the largest continuous casters in the world
One of the world’s largest casters, the single-strand caster supplied by SMS group for ultra-wide and thick slabs, has successfully
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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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Nucor Steel integrates MES 4.0 into new steel production lines
Nucor Steel Gallatin produced the first hot coil following a comprehensive upgrade of its production lines using SMS digital’s Manufacturing
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SULB to modernize electric arc furnace and four-strand concast
SULB Company BSC located in the Kingdom of Bahrain commissions SMS for the revamp of the 130 ton electric arc
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thyssenkrupp Steel orders direct reduction plant: one of the world’s largest
thyssenkrupp Steel places an order with SMS for the engineering, delivery and construction of the first hydrogen-powered direct reduction plant
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ArcelorMittal South Africa reports on its short-term outlook
Internationally, the World Steel Association expects a recovery in steel demand. The pressure on price-cost spreads is proving to be
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ArcelorMittal SA reports 20% drop in crude steel production
ArcelorMittal SA average capacity utilisation decreased from 60% in 2021 to 47% in 2022. The reduction in capacity utilisation reflects,
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January 2023 global crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 145.3
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