Steel Melting Industry Facing Existential Crisis Due to High Energy Costs: PSMA
Wedoany.com Report-Jan 28, The Pakistan Steel Melters Association (PSMA) has sounded the alarm on the crippling impact of high energy costs on the steel melting industry. The association has urged th...
Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags
Wedoany.com Report-Dec 30,Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for clues on deta...
India Sets Six-Month Import Cap on Key Steelmaking Ingredient Met Coke
Wedoany.com Report-Dec 30,India will impose restrictions on the import of low-ash metallurgical coke, a key steelmaking ingredient, for six months starting January 1, 2025, a government order said on ...
China’s 2025 Steel Demand to Fall 1.5% on Year, State Research Institute Says
Wedoany.com Report-Dec 27,China’s steel demand is forecast to fall 1.5% in 2025 and drop 4.4% in 2024 from the year before, the state-backed China Metallurgical Industry Planning and Research In...
President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel
Wedoany.com Report-Dec 27,Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie u...
Electric Smelting to Crack Low-Emissions Iron and Steel Making Code
Wedoany.com Report-Dec 19, Australia’s largest ironmaking electric smelting furnace is set to be built in the Kwinana industrial area south of Perth, which is also home to the dual-stage Kwinana ...
Unimacts to Expand Houston Facility for Steel Solar Frame Production
Wedoany.com Report-Dec 13,Origami Solar sees an opportunity to supply module manufacturers in the US market who are switching from imported aluminum frames to domestically made steel frames. Origami S...
Worthington Steel to Acquire Controlling Equity Stake in Italy-Based Sitem Group; Electric Steel Laminations
Wedoany.com Report-Dec 07,Worthington Steel has reached an agreement to acquire, through its subsidiary Tempel Steel Company, a controlling equity stake in Italy-based Sitem S.p.A. (together with its ...
Blastr and Interfer Edelstahl Partner to Deliver 150,000 Tonnes of Green Steel Annually
Wedoany.com Report-Nov 30,Blastr Green Steel will potentially supply 150,000 tonnes of green steel per year from 2029 into Interfer Edelstahl Group’s portfolio of steel products. Under a Memoran...
SSAB to Provide Green Hydrogen-Derived Steel for Amazon’s Data Centre Construction
Wedoany.com Report-Nov 30,Amazon has agreed to purchase green hydrogen-based steel from SSAB for one of the three new data centres it is building in Mälardalen, Sweden. SSAB produces fossil-free ...