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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steelmaking
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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SA steel consumption for 2022 decreased by 12% to 4 million tonnes
After increasing by 4% in 2021, global crude steel production decreased by 4% or 82 million tonnes in 2022 to
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ArcelorMittal SA reacts on developments in steel market
On 28 July 2022, at the announcement of the Company’s interim financial results, it was indicated that the outlook for
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Rebar minimill with integrated melting, casting, and rolling for Korea
YK Steel, Korea, has commissioned SMS group to supply a new minimill with integrated melting, casting, and rolling and including
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Highbar gets rebar minimill and places option on two further plants
Highbar LLC has placed an order with SMS group for a new rebar minimill, which will be built on a
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AMSA blames high prices of raw materials on its weaker performance
VANDERBIJLPARK – Based on information currently available, ArcelorMittal South Africa has advised that the Company expects the earnings per share
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Primetals to upgrade wire rod mill for recycled-steel producer
Metals producer AFV Beltrame Stahl Gerlafingen has recently contracted Primetals Technologies to upgrade its wire rod mill in Gerlafingen, a
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Decarbonisation of steelmaking requires $1.4 trillion of investment
The industrialised world cannot function without steel. It is essential to everything from the buildings we live in to the
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Britain could lead technological leap forward to produce green steel
by Henrik Adam, Chairman of Tata Steel UK. The old blast furnace at Redcar steelworks on Teesside, which once produced
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Steel is the most recycled (84%) primary packaging material in Europe
In the Netherlands, used steel packaging from households is collected along with other household waste. Next, most of the steel
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IN NUTSHELL: How Steel Is Made
Steel is primarily produced using one of two methods: Blast Furnace or Electric Arc Furnace. The blast furnace is the
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US’s Finished Steel Imports market share in 2022 was 24%
Washington, D.C. – Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron
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Primetals successfully shipped 330-ton BOF to the U.S.
Recently, the 138-meter-long cargo ship Happy River left the harbour in Rotterdam and headed for a U.S.-based steel producer. On
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November 2022 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 139.1 million tonnes (Mt)
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Steelmaking sustainability Indicators 2022
Brussels, Belgium – The World Steel Association (worldsteel) today publishes Sustainability Indicators 2022 report. worldsteel uses eight indicators to measure
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SA’s nuclear build programme a bonanza for galvanized steel uptake
South Africa’s National Infrastructure 2050 plan places the spotlight on 9.6 GW of new nuclear energy plants converted from decommissioned
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