PT Krakatau Steel commissions the SMS group with the modernization of the hot strip mill no.1
PT Krakatau Steel (Persero) Tbk, in Indonesia, has placed an order with SMS group for a state-of-the-art Electrics and Automation system for their hot strip mill no.1. The company, publicly listed and state-owned, operates its plant in Cilegon, Banten, Indones... |
Reinvestment in coal-based steel production ‘fundamentally incompatible’ with achieving climate target: SteelWatch
Steelmakers around the world, including the US’ Cleveland-Cliffs, South Korea’s POSCO, Europe’s Tata and Australia’s BlueScope, ... |
US HDG/CRC: Prices jump on sales
US hot-dipped galvanized (HDG) coil and cold-rolled coil (CRC) prices jumped as mills locked in higher prices. |
US HRC: Mills secure higher prices
Multiple mills reported they would follow in Cliffs' footsteps, but no other steelmakers made published announcements today. |
TAKRAF signs major IPCC deal with Rio Tinto for Simandou in Guinea
In a notable achievement, TAKRAF Group has announced the signing of a major contract between Rio Tinto and TAKRAF concerning development of the Simandou iron ore complex in Guinea. |
Japan's JFE Steel to replace coal with recycled fuels
JFE Steel also targets to expand the recycling capacity at the planned Keihin plant to a maximum 120,000 t/yr by 2023-31, cutting carbon dioxide emissions by 160,000 t/yr. |
Cliffs raises HRC prices to $1,000/st
Integrated steelmaker Cleveland-Cliffs has increased its minimum hot-rolled coil (HRC) price to $1,000/short ton (st). |
Indonesian, Australian firms team up on zero-emission steel
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JAKARTA, Indonesia and PERTH, Australia, Nov. 6, 2023 /PRNewswire/ -- Leading private Indonesian steelmaker PT Gunung Raja Paksi Tbk (GRP), a member of Gunung Steel Group, is working towards a greener, more inclusive future, |
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