Indonesia: Steel industry sees drop in demand due to COVID-19
Indonesian steelmakers are facing severe impacts caused by the COVID-19 pandemic on their business with the demand having decreased by 90 percent from the normal times. |
JSPL monthly sales up 28% YoY
Jindal Steel & Power Limited posted its highest ever standalone steel sales of 640,000 tonnes in May 2020. |
Seaborne ferrous scrap strength spells negative margins for melt shops in Southeast Asia
"We don't expect much improvement in construction demand while it's the rainy season here," a steelmaker in Vietnam said. |
Norwegian green steel project, hydrogen strategy launched
Norwegian green steel project, hydrogen strategy launched. |
EU GREEN STEELMAKING: Celsa looks to hydrogen to replace fossil fuels
Spanish steelmaker Celsa is to investigate the use of hydrogen to replace its fossil-fuel energy sources in a project at its Nordic region site. |
AK Steel to close coking coal mine after no buyer found
Pennsylvania-based AK Coal Resources is closing over the next few months after a buyer did not come forward to take over the North Fork coking coal mine. |
worldsteel Short Range Outlook June 2020
The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2020 and 2021. |
AISI Releases May SIMA Imports Data
In May, the largest finished steel import permit applications for offshore countries were for South Korea. |
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