The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc — from 1990 levels — according to a draft document.

The largest stainless steel producer in the United States is in Carroll County, and it's getting even bigger thanks to a $244 million investment.

In the week ending on January 27, 2024, US domestic raw steel production was 1,680,000 net tons while the capability utilization rate was 75.6 percent.

Finished Import Market Share at 21%.

World No. 2 iron ore supplier Vale SA delivered a bigger-than-expected increase in production last quarter in a result that may undermine prices of the key steelmaking ingredient.

Brazilian mining company Vale expressed optimism about the growth prospects of the Chinese economy and asserted its strategic position to contribute to China's high-quality development.

Prices of the capital goods monitored by the Chinese government were lower in mid-January compared with early January, official data showed Wednesday.

China will continue to uphold its dominant position in the global shipbuilding market this year.