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Glencore Ferroalloys launches enterprise and supplier development hub
Glencore Ferroalloys is helping to redress South Africa’s historical socioeconomic inequalities by supporting local small, medium-sized and microenterprises (SMMEs) through the recent launch of its first Enterprise and Supplier Development (ESD) Hub, in Ruste... |
AM/NS India plans to invest $6.88 billion to build a steel plant
According to Reuters, the company will spend $6.88 billion to build a steel plant in eastern India’s Odisha under an agreement with ArcelorMittal Nippon Steel India. |
U.S. steel prices are nearly 70% higher than the global prices
It is understood that the current U.S. steel plant capacity utilization rate is only 75%, far below last February 82% level. |
Hegang Group and BHP hand in hand to “carbon emissions reduction”
A few days ago, the chairman of the world iron and steel association, party secretary of hegang group, chairman yu yong and bhp chief executive officer Mike Henry around carbon reduction and climate change and further strengthen cooperation in low-carbon metal... |
Southern Africa has ‘huge potential’ to benefit from the shift to green hydrogen
While there is growing momentum across the world around investment in hydrogen and the related import and export value chains, management consulting company Kearney MD Romain Debarrewarns that there is still a lack of supply and demand for the hydrogen economy... |
Australia’s coal miners unprofitable at $50/t
The stronger pricing environment is more than offsetting the higher costs, with most firms guiding for a much more profitable January-June than July-December. |
Western Australian iron ore shipments close to average
Fortescue shipped 3.42mn dwt, up from 3.01mn dwt the week before but 3pc below its average of 3.54mn dwt. |
Chinese steel mills lower direct-charge ore usage
Buyers started cutting the proportion of direct-charge materials in January — first reducing pellet usage and then lowering the lump proportion, sources said. |
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