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Vale, Brazil’s Port of Açu team up for low-carbon steel production

Thu, 28 Sep 2023 01:50:00 GMT
Vale has signed a memorandum of understanding (MoU) with the Port of Açu Operações, a deep-sea port complex, to assess the potential development of a mega-hub in Brazil for th...

Algeria builds 200,000-tonne steel works plant

Thu, 28 Sep 2023 01:43:00 GMT
Algeria has completed the construction of a ***,*** tonnes capacity steel works plant as part of a strategy plans to slash metal imports, newspapers in the OPEC member said on Wednesday. Algerian ...

Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel Products

Thu, 28 Sep 2023 01:43:00 GMT
Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with...

China’s steel output retreats in mid-Sep, but decline seen too modest

Wed, 27 Sep 2023 02:09:00 GMT
China’s daily crude steel output fell slightly in mid-September, according to China Iron Steel Association data, but overall, September output could still be higher than in August, market so...

German crude steel output decreases by 4.2 percent in January-August

Wed, 27 Sep 2023 01:45:00 GMT
In August this year, Germany’s crude steel output decreased by *.* percent year on year to *.** million metric tons, according to the information provided by the German steel federation Wirt...

Brazilian steel industry asks for protection against imports

Wed, 27 Sep 2023 01:33:00 GMT
The Brazilian steel institute, IAB, is asking local authorities to increase the import tariffs on steel products, from a current range of *.* to **.* percent, to ** percent, as an alternative to r...

Green steel exports unviable with present CBAM: AM/NS

Tue, 26 Sep 2023 02:04:00 GMT
Exports of green steel from India are not feasible by **** with the current policies of the EU&#**;s Carbon Border Adjustment Mechanism (CBAM), ArcelorMittal Nippon Steel (AM/NS) India&#**;s chief...

World steel output ticks up 2.2% in August

Tue, 26 Sep 2023 02:04:00 GMT
Global crude steel production edged up *.*% year-on-year to ***.* million tons in August, according to World Steel Association (worldsteel) data released on Monday. The world&#**;s top steel produ...

Robust exports, stable domestic demand keep China’s steel production strong in 2023

Tue, 26 Sep 2023 02:02:00 GMT
Robust steel exports from China have emerged as a major driver supporting steel production at a time when demand activity from the country’s largest steel consumer — the property secto...

Reliance Steel & Aluminum Co. is favoured by institutional owners who hold 83% of the company

Tue, 26 Sep 2023 01:57:00 GMT
A look at the shareholders of Reliance Steel Aluminum Co. (NYSE:RS) can tell us which group is most powerful. With **% stake, institutions possess the maximum shares in the company. In other words...

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