The upgraded facility will align with Buy America's requirements, providing specialised steel products for hydrocarbon pipelines, offshore wind towers, high-density pressure vessels, and other sophisticated applications.
The World Bank’s metals and minerals price index rose 9 percent in April 2024 (m/m), following a relatively stable first quarter. Recent price increases reflected positive sentiment about stronger demand amid concerns of supply disruptions…
U.S. flat rolled steel prices appeared bearish, accelerating declines throughout June. HRC prices fell nearly 9%, their most significant month-over-month drop since February. CRC and HDG prices saw respective 6% declines, while plate prices fell…
It is a case of one step forward, two steps back for China's steel and iron ore sectors, with positive production data being countered by ongoing concerns over the struggling property sector.
The strength in China's iron ore imports this year stands in stark contrast to the weakness in steel production and demand, setting up a dilemma as to how the contradiction will be resolved.
Steel manufacturing giant Liberty Steel recently signed a contract with Chinese engineering company CISDI, finalizing a feasibility study to build an electric arc furnace at the Dunaújváros plant in Hungary.
Global steelmaker ArcelorMittal announces an increase in prices for long products across Europe. The move is driven by high production costs and the need to restore margins, Kallanish reports, citing market sources.
Mining leader Rio Tinto has announced a $143 million (A$215 million) investment to establish a new research and development facility in Western Australia dedicated to low-emission steelmaking. The facility will focus on advancing the BioIron™…
Nippon Steel’s vice chairman plans to return to the United States this week for more talks over the proposed acquisition of US Steel and would study selling some assets if necessary for the deal to…
Global rebar prices declined in most regions in May. The main factors behind the downward trend were weak demand and a fairly high supply. The state of the construction industry in most countries is not…