5G, industrial internet helping transform heavy industries
The labor-intensive iron and steel industry, as a symbol of the second industrial revolution, was often associated with images of workers toiling away in mills, sweat pouring down their faces. |
Steel industry taps demand potential to seek development
They also said the industry has accelerated structural upgrades to pursue greener growth pathways. |
India’s April steel exports dip with weaker demand
India's finished steel exports in April fell to their lowest level in five months on weaker demand and increased competitiveness in the international market. |
Indonesia to increase energy subsidies
Indonesia's parliament this month approved a request from the government to increase energy subsidies because of rising commodity prices. |
Report shows Mexico went nearly 600% overbudget in 2021 energy spending
A congressional report indicates that Mexico’s public spending on energy in 2021 soared well beyond the approved amount with extraordinary support to national oil company Pemex cited as the primary reason. |
Transnet increasing rail and port capacity allocation for emerging miners
Transnet increasing rail and port capacity allocation for emerging miners |
Nucor to take weeklong outage at Gallatin
Electric arc furnace (EAF) steelmaker Nucor will take its Ghent, Kentucky, mill down for a week to integrate an expansion into the mill. |
US HRC: Prices remain under pressure
US hot rolled coil (HRC) prices continued their five week decline, weighing on demand along with short lead times and ample supply. |
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