The MENA region is already well equipped to produce cheap, green hydrogen because of its extensive solar resources, but the fact that its steel industry is mainly focused on the use of direct-reduced iron (DRI) modules and electric-arc furnaces puts it in a unique position in terms of producing the low-carbon steel that is becoming […]
While daily crude steel production stood at 2 million tonnes in mid-October, a 1.25% decrease from the previous year according to data published by China’s Iron and Steel Association (CISA), overall production has remained relatively firm following a strong first half of 2023. With no clear indications of a rebound in downstream steel prices in […]
NANO has targeted remote mining operations run by diesel fuel in locations where the logistics of providing a constant source of fuel “may be a challenge,” the CEO said. The company’s microreactors could also expand mining opportunities to more new locations. “It can make thousands of potential mines economic and come online, whereas before, they […]
Steel producers reinvesting in coal-based steelmaking are potentially locking in millions of tonnes more carbon dioxide emissions
Brazilian capital goods, construction and steel packaging industry groups are against a request from steel mills for the country to raise its steel import duties to 25%, already predicting rising costs in each sector if an increase is greenlit
Under the European Green Deal, the European Commission proposed a new EU target to reduce greenhouse gas emissions by at least 55% by 2030, compared with the levels emitted in 1990
Steel market participants gathered at the Nordics regional meeting of steel distributors’ association Eurometal in Copenhagen, Denmark on Thursday October 5, where key discussion topics were how the EU’s Carbon Border Adjustment Mechanism (CBAM) will operate and the risks importers face once it reaches final implementation
Key talking points from the Nordics regional meeting of steel distributors’ association Eurometal, held in Copenhagen, Denmark, on Thursday October 5
With increasing volumes of shredded scrap being exported from the US West Coast, Fastmarkets is launching a shredded scrap export index to balance its ferrous scrap exports offering from the US East and West Coasts
Volatility in key currencies has been at the forefront of the minds of many steel and ferro-alloys producers, traders and buyers in 2023