Global insight
Shell Brasil & Gerdau to Build Solar Power Plant in Minas Gerais
Shell Brasil & Gerdau to Build Solar Power Plant in Minas Gerais |
Australia's Queensland coal exports down 2% in June
In the first half of 2021, the Queensland shipped 99.65 million tonnes of coal. |
Seasonal slowdown sends down steel prices in major markets
Stoppages and reduced production rates in the automotive sector resulting from a shortage of semiconductors has resulted in lower scrap output, participants said. |
Germany domestic steel prices rise in July on tight supply
Stoppages and reduced production rates in the automotive sector resulting from a shortage of semiconductors has resulted in lower scrap output, participants said. |
Australia forecasts lower iron ore prices over rest of 2021
Domestic efforts to curb China’s total steel output are likely to begin soon. |
US Steel Shipments in May Up 46% YoY
The American Iron and Steel Institute reported that for the month of May 2021, US steel mills shipped 7,987,038 net tons |
EU CBAM to Impact South Korean Steel Makers
Business Korea reported that South Korean steel industry is likely to be most affected by the European Union’s Carbon Border Adjustment Mechanism. |
Hyundai Steel Nickel Steel Plates for LNG Cryogenic Tanks in Ships
Korea IT Times reported that Hyundai Steel will set up a production system for 9% Ni steel plates that can withstand cryogenic temperatures. |
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