Stainless Steel CO2 Emissions Report.

In the week ending on October 7, 2023, domestic raw steel production was 1,698,000 net tons while the capability utilization rate was 74.7 percent.

The American Iron and Steel Institute (AISI) reported that for the month of August 2023, U.S. steel mills shipped 7,663,767 net tons, unchanged from the 7,675,344 net tons shipped in August 2022.

Last year alone, Shanxi produced over 1.3 billion tonnes of coal. It has set a coal output target of nearly 1.37 billion tonnes for 2023.

Fan Tiejun, the head of the China Metallurgical Industry Planning and Research Institute, said there was an increasing need for some steel products.

Australia's Rio Tinto RIO.AX said on Monday it expects iron ore shipments of 323 million to 338 million tons in fiscal 2024 at Pilbara, marginally above its forecast for 2023, as operating conditions continue to improve.

Rio Tinto said it backed its full-year guidance to cost and shipments for its Pilbara iron ore operations.

:With local electricity grid constraints becoming more prevalent and given the global emphasis on decarbonisation, the ongoing energy transition, as well as loadshedding, is expected to present both opportunities and risks for the South African steel industry,...