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July 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5 million tonnes (Mt) in July 2023, a 6.6% increase compared to July 2022. |
Queensland urges BHP to invest in the state
Queensland Treasurer Cameron Dick has warned BHP that he may cancel the major miner’s leases in the state unless the company backtracks on its decision to pause new investments. |
Technical refresh adds to Buena Vista economics
A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y at the same capital outlay. |
JSW Steel considers 75% interest in Teck’s coal business
JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ steelmaking coal business. |
Brazilian crude steel production declines in May
Brazil produced 2.8 million mt of crude steel in May, 5.5 percent less than in May 2022, according to the country's steel institute lABr. |
Means of production prices rise in China
Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported higher prices in the period, 15 saw price declines, while the prices of four remained unchanged, according to the Na... |
European green steel premiums little changed; deals remain sporadic
Notably, sources estimated that by 2030, 30% of the European steel market will be green (zero or close to zero emissions). |
Teck and Norden team up to reduce carbon emissions
Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) is working with Norden to reduce carbon dioxide (CO2) emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or ... |
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