Equatorial Guinea welcomes Chinese firm to invest in steel sector

Obiang said on his social media platforms late Wednesday that this investment has the potential to strengthen the country's economy.

Tuesday, November 14, 2023

PT Krakatau Steel commissions the SMS group with the modernization of the hot strip mill no.1

PT Krakatau Steel (Persero) Tbk, in Indonesia, has placed an order with SMS group for a state-of-the-art Electrics and Automation system for their hot strip mill no.1. The company, publicly listed and state-owned, operates its plant in Cilegon, Banten, Indones...

Tuesday, November 14, 2023

Vale to sell 14% stake in Indonesia unit

Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.

Monday, November 13, 2023

Reinvestment in coal-based steel production ‘fundamentally incompatible’ with achieving climate target: SteelWatch

Steelmakers around the world, including the US’ Cleveland-Cliffs, South Korea’s POSCO, Europe’s Tata and Australia’s BlueScope, ...

Friday, November 10, 2023

China’s Shenghe Resources to acquire shares in Vital Metals

The share subscription will be conducted in two phases.

Friday, November 10, 2023

US HDG/CRC: Prices jump on sales

US hot-dipped galvanized (HDG) coil and cold-rolled coil (CRC) prices jumped as mills locked in higher prices.

Thursday, November 9, 2023

US HRC: Mills secure higher prices

Multiple mills reported they would follow in Cliffs' footsteps, but no other steelmakers made published announcements today.

Thursday, November 9, 2023

Neometals shares jump on ‘outstanding’ battery recycling trial

Neometals Ltd on Wednesday announced the ‘successful production’ of battery-grade nickel sulphate through a German lithium-ion battery recycling demonstration trial.

Thursday, November 9, 2023
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