Global insight

German steel industry reports production losses in 2023

Electric steelmaking, a highly energy-intensive industry branch, was particularly affected, recording a slump of 11 percent to a record low of 10.1 million tonnes.

Tuesday, December 26, 2023

Gwanda Solar Power Tender Haemorrhages USD23 Million with No Panels Assembled

Gwanda Solar Power Tender Haemorrhages USD23 Million with No Panels Assembled

Monday, December 25, 2023

CISA mills' daily steel output down 0.14 percent in mid-December

The China lron and Steel Association(CISA) has announced that in early December (December 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members

Monday, December 25, 2023

India: Sarda Energy gets consent to increase pellet plant capacity

Central India's Sarda Energy and Minerals Limited (SEML) has received consent to operate from Chhattisgarh Environment Conservation Board to enhance the production capacity of its iron ore pellet plant from existing 800,000 t to 900,000 t,

Monday, December 25, 2023

Cameroon initiates Mbalam iron ore mine construction amidst funding uncertainty

Acting Minister of Mines, Fuh Calistus Gentry, is set to preside over a ceremony on December 22, 2023, to launch the construction of the mine for the globally significant Mbalam iron ore deposit located between Cameroon and Congo.

Friday, December 22, 2023

European Commission approves €2.6 billion funding to Germany's SHS for green steelmaking

The European Commission has approved the planned funding for a total of €2.6 billion to support SHS decarbonization process in the state of Saarland,Germany.

Friday, December 22, 2023

Indonesian Haiyang Steel will increase its capacity with newHRC plant

China's Zhongzhong Science & Technology has started the process of building a state-of-the-art hot rolling mill for Haiyang Steel Group, one of Indonesia's leading companies.

Friday, December 22, 2023

Chinese firm targets power generation in Gweru

Gweru-based ferrochrome producer, Jinan-Almid (Pvt) Limited says plans are underway to commence power generation with a target of producing at least 720 megawatts of electricity.

Friday, December 22, 2023
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