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Global insight

German steel production fell to its lowest level since 2009

The German Business Daily reported recently, the German Steel Association said, German crude steel production in 2020 was 35.7 million tons, down 10% from the weaker 2019, the lowest level since 2009.

Thursday, February 4, 2021

Vale: Iron ore production of 300.4 million tons in 2020 flat with last year

Vale released its 2020 production and sales report, which said that in 2020, Vale iron ore production accumulated 300.4 million tons, flat with 2019. In the fourth quarter of 2020, Vale ore production was 84.5 million tons, down 5% from the previous quarter.

Thursday, February 4, 2021

India intends to reduce import duties on some stainless steel products

According to the news, the Ministry of Finance of India released its 2021 budget on February 1 and said it would reduce import duties on some stainless steel products.

Thursday, February 4, 2021

Iron and steel emission and carbon reduction has entered a new critical period

China Metallurgical Association held a meeting to promote the high-quality development of private iron and steel, pointing out that China proposed to achieve carbon peak by 2030 and carbon neutralization by 2060.

Thursday, February 4, 2021

AISI Releases January SIMA Imports Data

The American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of January totaled 2,126,000 net tons (NT)*.

Thursday, February 4, 2021

Mining has a role to play in supporting the global population, says Cutifani

The global human population – almost nine-billion people – cannot be supported without mining, diversified miner Anglo American CE Mark Cutifani said during a panel discussion at the virtual Investing in African Mining Indaba on February 2.

Thursday, February 4, 2021

Bahia Mining Company begins production of iron ore in Pedra de Ferro

Bahia Mining Company begins production of iron ore in Pedra de Ferro

Thursday, February 4, 2021

BYD's January sales of new energy vehicles in 20178 increased by 182.88% year-on-year

BYD's January sales of new energy vehicles in 20178 increased by 182.88% year-on-year

Thursday, February 4, 2021