Economic Value News of Brazil reported on February 22, according to figures released by the Brazilian Steel Industry Association (IABR) on Monday, Brazilian steel production in 2020 was 30.97 million tons, down 4.9% from a year earlier.

Nation promotes electric arc furnaces as a viable alternative for better environmental protection.

Although there is yet to be a clear definition, experts believe that industries of the future share the features of boasting leading-edge technologies and prospects for explosive growth.

Mid-February 2021, the key steel enterprises produced 22.8236 million tons of crude steel, 20.2097 million tons of pig iron, 21.2086 million tons of steel products.

It is reported that China Baowu has acquired 51% of the shares of Taiyuan Iron and steel, and the acquisition has been completed.

Jiang Shangqing pointed out that this year is the first year of the 14th five year plan, the iron and steel industry is also standing at a new historical intersection, and scientific and technological innovation has been raised to an unprecedented height.

It is reported that Nippon Steel has determined the policy of closing a blast furnace at the iron and steel plant in Luzhai City, I baraki County.

According to the Declaration, on February 21, the World Iron and Steel Association data show that in 2020, the UAE crude steel production reached 2.722 million tons.