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AISI Releases Annual Statistical Report For 2021
The report highlights that, in 2021, shipments from domestic steel mills measured 94.7 million net tons (NT), up 16.9 percent from the previous year. |
Iron ore price rises as Chinese steel mills resume ramping up output
Hot-rolled coil advanced 2.3%, while stainless steel gained 0.3%. |
Uncertain future for Europe’s scrap market: Cronimet
The European stainless steel scrap market is facing a near-term demand crisis and high uncertainty going into the fourth quarter... |
Vale hires advisors as it assesses ‘value-unlocking alternatives’
Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction. |
Fortescue doubles green hydrogen spending as Europe push expands
The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million. |
AISI Releases September SIMA Imports Data
It was a 9.2% decrease from the 2,485,000 permit tons recorded in August and a 10.1% decrease from the August final imports total of 2,510,000. |
AISI: US Raw Steel Production in the week ending on October 1, 2022
In the week ending on October 1, 2022, domestic raw steel production was 1,700,000 net tons while the capability utilization rate was 77.1 percent. |
BHP lifts steel consumption forecast on surging demand from renewable power farms
The world’s steel production stood at 1.95 billion tonnes in 2021, according to the World Steel Association. |
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