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Innovation drives stable industrial growth

Construction machinery trade surplus increases as high-tech rules the roost.

Monday, November 27, 2023

In its latest report, the World Steel Association said the major steel production companies in the world produced more than 1.5 billion tons of crude steel from January to October 2023

According to Al Sharif, the steel industry consumes 7% of the world's energy resources,with carbon emissions reaching 10%.

Monday, November 27, 2023

Iran produces over 25 mn tons of crude steel in 10 month

In its latest report, the World Steel Association said the major steel production companies in the world produced more than 1.5 billion tons of crude steel from January to October 2023

Monday, November 27, 2023

China Steel Corporation visits Mexican AHMSA facilities in Mexico

Managers, technicians and financiers of the Asian company China Steel Corporation (CSC) visited the facilities of the paralyzed steel mill Altos Hornos de Mexico(AHMSA).

Wednesday, November 22, 2023

China's iron and steel industry needs innovation

China's iron and steel industry needs to step up efforts on innovation and other practices to reduce cost and increase efficiency, to cope with challenges and realize high-quality growth, according to industry experts.

Tuesday, November 21, 2023

UK Steel: UK steel producers face higher electricity prices than competitors

The UK-based trade association UK Steel has published a report that examines current electricity prices faced by steelmakers in the UK, France, and Germany, and sets out four recommendations to deliver competitive electricity prices for the UK steel industry.

Thursday, November 16, 2023

US HDG/CRC: Mills get higher HDG prices

US steelmakers were able to secure higher hot-dipped galvanized (HDG) coil pricing this week as supply tightened further.

Thursday, November 16, 2023

US HRC: Mills fail to increase sales price

Sales and purchases were reported at $900/st for a few hundred short tons up to 1,000st.

Thursday, November 16, 2023