Business confidence can only increase if energy supplies improve and hostilities cease

The Brazilian miner,Vale, and the Sweden metallurgic technology company, Greenlron, have signed a Memorandum of Understanding (MoU) to collaborate on key initiatives in Brazil and Sweden for the decarbonization of the mining and metals supply chain.

Down 4.0 Percent YTD in 2024 from Same Period in 2023.

The U.S. imported a total of 2,067,000 net tons (NT) of steel in November 2024.

China's robot density reached 470 units per 10,000 employees in 2023.

AISI: US Weekly Raw Steel Production in the week ending on January 4, 2025.

Sources close to the matter said on Saturday that Nippon Steel is planning to file a lawsuit in response to Biden's decision, Kyodo News reported.

The case was filed in the U.S. Court of Appeals for the District of Columbia Circuit.