MEPS has upgraded its global crude stainless steel production forecast to 56.5 million tonnes, for 2021. This represents an 11 percent increase, year-on-year. Higher-than-expected first…
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Iron-ore prices touched record highs this year, but look to suffer their biggest monthly loss ever as China’s curbs on carbon emissions include limits on…
Swedish green steel venture HYBRIT said on Wednesday that it had made the world’s first customer delivery of steel produced without using fossil fuels as…
Hyundai Heavy Industries, the nation’s largest shipbuilder, reported a Q2 loss last week, citing soaring steel plate losses for its red ink performance, while Posco,…
India exported 10.7 million tonnes of finished steel during 2020-21 compared to 4.7 million tonnes of the commodity imported in the country during the same…
Pricing for hot-rolled coils of steel has sizzled in the recovery, and the heat has ignited steel stocks. United States Steel and Cleveland-Cliffs are up two and three times…
Sweden wants to be the first country in the world to bring fossil-free steel onto the market. A consortium made up of SSAB, the mining…
Great Lakes steel production rose by 3,000 tons last week, while U.S. steel mills remained well over 80% capacity utilization, according to the American Iron…
The steel market is running two diverging narratives. In the U.S., the market remains extremely tight. Mill lead times are out to the end of this…
Global crude steel production shot up in May on a spike in production from China — the world’s biggest steel producer — to a new…
