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Tokyo Steel to keep product prices unchanged for 2nd month in Sept

Tokyo Steel Manufacturing Co , Japan's top electric-arc furnace steelmaker, said on Monday said it would keep steel product prices unchanged in September to reflect sluggish demand at home and abroad.

Wednesday, August 23, 2023

July 2023 crude steel production

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5 million tonnes (Mt) in July 2023, a 6.6% increase compared to July 2022.

Wednesday, August 23, 2023

Queensland urges BHP to invest in the state

Queensland Treasurer Cameron Dick has warned BHP that he may cancel the major miner’s leases in the state unless the company backtracks on its decision to pause new investments.

Wednesday, August 23, 2023

Technical refresh adds to Buena Vista economics

A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y at the same capital outlay.

Monday, August 21, 2023

JSW Steel considers 75% interest in Teck’s coal business

JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ steelmaking coal business.

Monday, August 21, 2023

Brazilian crude steel production declines in May

Brazil produced 2.8 million mt of crude steel in May, 5.5 percent less than in May 2022, according to the country's steel institute lABr.

Thursday, August 17, 2023

GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “l(fā)ow carbon” is deciding exactly what “l(fā)ow carbon” means.

Thursday, August 17, 2023

Means of production prices rise in China

Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported higher prices in the period, 15 saw price declines, while the prices of four remained unchanged, according to the Na...

Thursday, August 17, 2023