Dynamic enterprise
Indonesian coke projects make progress after delays
De Tian Coking started production with its first coke oven on 28 August, with projected output for 2023 less than 1.3mn t. |
India’s NMDC steel plant begins commercial operations
The company has started the production of final product, hot-rolled coils, from the Nagarnar plant in Chhattisgarh. |
Vale sells stakes in Energy Transition Metals business; deals must face Canada scrutiny
The transaction was expected to close by the first quarter of 2024. |
ISTA challenges Tata Steel UK's HRC imports
The International Steel Trade Association (ISTA) has written to the UK minister for international trade challenging Tata Steel UK's hefty imports of Indian hot-rolled coil (HRC). |
India’s Sail inks steel decarbonisation deal with SMS
Sail joins its private-sector counterparts Tata Steel and JSW Steel in collaborating with SMS for decarbonisation. |
Vale to sell 13% stake in base metals unit for $3.4 billion
Vale (NYSE: VALE) has reached two separate agreements to sell a total 13% stake in its transition metals business for $3.4 billion, aiming to boost its copper and nickel output. The deals would value the company’s base metals unit, Vale Base Metals (VBM), at ... |
Steel trader Ivancore working to rebuild lines/volume
Lugano-based steel trader Ivancore is working to rebuild its credit lines and volumes after a number of staff left the company. |
Four takeaways from the Global Steel Dynamics conference
Taking center stage this year were questions over premiums on and standards for green steel, carbon tariffs at the border, the stability of scrap supply in the US and hydrogen’s promising role in decarbonizing steel production. |
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