Algoma Steel, a prominent steel producer based in Canada, has outlined its projections for the third quarter (October-December) of the financial year 2023-24.

HORIZON POWER VANADIUM FLOW BATTERY ARRIVES IN WA

The Federal Government of Nigeria has embarked on discussions with Luan Steel Holding Group

Feralpi Group intends to invest over 220 million euros in decarbonization over the next few years to focus on green steel production at its Riesa facility, generating around 900 industrial jobs.

The facility, targeting an annual output of 300,000 t, is set to commence operations in 2025.

Brazilian steel and iron ore producer CSN informed the local stock exchange authority (CVM) that the company has no plans or studies regarding the sale of 30 percent of the capital of its iron ore division CSN Mineracao.

Shipments of iron ore on the Great Lakes totaled 4.8 million tons in December

German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.