August 2023 crude steel production

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 152.6 million tonnes (Mt) in August 2023, a 2.2% increase compared to August 2022.

Tuesday, September 26, 2023

Turkey's iron ore imports down 31.4 percent in January-July

Turkey's iron ore imports totaled 635,208 mt, declining by 12.2 percent compared to the previous month

Monday, September 25, 2023

Brazilian iron ore export volumes increased in August, leading to a boost in Capesize tonne days

In the second week of September, despite the ongoing challenges surrounding China’s economic recovery and uncertainties regarding grain trade negotiations between Ukraine and Russia, we observed a continued firm momentum of freight rates.

Thursday, September 21, 2023

Peru plans to increase steel imports from Turkey

Chavez said that between 2021 and 2022 exports of steel products from Turkey to Peru reached 927,000 mt.

Thursday, September 21, 2023

Stainless steel sector fights for right to supply local parastatal projects

The use of local stainless steel is crucial to driving demand and the subsequent beneficiation of this highly prized metal, but work still needs to be done to cement the correct specifications of South African stainless steel components in key strategic projec...

Wednesday, September 20, 2023

ADNOC signs strategic collaboration agreement with TARGET for UAE-based steel fabrication for EPC projects

TARGET, a leading engineering, procurement, and construction (EPC) company based in Abu Dhabi, is one of 25 local manufacturers that have signed a Strategic Collaboration Agreement (SCA) with Abu Dhabi National Oil Company (ADNOC)

Wednesday, September 20, 2023

New green steel premium to aid decarbonization drive in Asia

Baosteel is looking to start up a hydrogen/natural-gas based DRI plant at its Zhanjiang facility in southern China.

Wednesday, September 20, 2023

UAW strike poses potential risk for steel industry: sources

But some steel industry observers think concerns might be overblown.

Wednesday, September 20, 2023
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