According to the American lron and Steel Institute(AISI), in the week ending on September 9,2023, US domestic raw steel production was 1,721,000 net tons while the capability utilization rate was 75.7 percent.

Germany-based machine engineering company Sennebogen has opened a new steel plant in Hungary, expanding its capacity for steel assemblies and welded constructions.

AVAADA Group Joins Hands with Tata Steel SEZ Ltd for a Landmark Green Ammonia Plant in Odisha (PRNewsfoto/Avaada Group)

Russian metals and mining giant Norilsk Nickel is not yet generating free cash flow on a stable enough basis to resume dividend payments, but does not rule out doing so in future, head of investor relations Mikhail Borovikov told reporters on Thursday.

In the period, over 4 million tonnes of its products were sold, representing a year-on-year decrease of 22%.

In the period, over 4 million tonnes of its products were sold, representing a year-on-year decrease of 22%.

Vale Base Metals is committing $10 billion for investment in Indonesia over the next decade to capture demand for metals such as nickel and copper for electric vehicle production, its chief executive said on Thursday.

A comparison of shipments year-to-date in 2023 to the first seven months of 2022 shows the following changes: hot rolled sheet, up 4 percent, cold rolled sheet, down 1 percent and corrosion resistant sheet, down 2 percent.