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Vulcan Green Steel: Oman's hydrogen- powered steel plant underway

In a significant step towards sustainable industrial development, Oman has officially initiated the construction of a pioneering green steel plant

Wednesday, December 6, 2023

Ferrosilicon Futures close at 6656 on December 6, up 0.03%

The total trading volume of 2402 contract on the exchange was 178299 lots, with a turnover of about 5937.7954 million yuan.

Wednesday, December 6, 2023

Turkish steel capacity utilisation slumps to 55pc

The global rate was 75.3pc, up slightly from 74.3pc.

Wednesday, December 6, 2023

India’s JSW enters auto sector with MG Motor stake

The firms also plan to develop neighbourhood EVs and internal combustion engine vehicles and create a sustainable auto ecosystem in India.

Wednesday, December 6, 2023

Japan’s scrap exports hit two-year high in October

Japanese ferrous scrap exporters lifted shipments to a two-year high in October.

Wednesday, December 6, 2023

UAE to build 1GW renewable capacity in Kazakhstan

In January the firm agreed to develop renewable energy projects with Azerbaijan's state-owned Socar for a total combined capacity of 4GW.

Wednesday, December 6, 2023

Rio Tinto plans $6.2 billion investment in Guinea iron ore project

The world’s second-largest miner by market value said Wednesday it expects to contribute roughly $6.2 billion to the initial development of the Simandou mine, including port and rail infrastructure needed to export the ore.

Wednesday, December 6, 2023

Ford takes stake in Indonesia nickel project

Ford Motor Co. will take a direct stake in a battery-nickel plant under construction in Indonesia, deepening its role in the supply chain as carmakers try to secure materials for electric vehicles.

Wednesday, December 6, 2023
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