AISI: US September Steel Shipments Down 5.4 Percent From Prior Month
The American Iron and Steel Institute (AISI) reported that for the month of September 2023, U.S. steel mills shipped 7,252,942 net tons. |
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. |
Vietnam's steel market sees positive recovery signals in late 2023, early 2024
The country's steel enterprises have recorded sound production results thanks to the recovery in demand, according to VNA. |
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... |
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, ... |
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. |
US HRC: Mills secure higher prices
Multiple mills reported they would follow in Cliffs' footsteps, but no other steelmakers made published announcements today. |
TAKRAF signs major IPCC deal with Rio Tinto for Simandou in Guinea
In a notable achievement, TAKRAF Group has announced the signing of a major contract between Rio Tinto and TAKRAF concerning development of the Simandou iron ore complex in Guinea. |
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