US construction spending up in November, rebar steady

US Midwest rebar remained steady at $830-840/short ton in November as demand was unchanged. Import prices began moving higher from a price floor of $750-770/st as overseas pricing rises.

Monday, January 8, 2024

FG and Chinese Firm Collaborate to Breathe New Life into Nigeria's Steel Industry

The Federal Government of Nigeria has embarked on discussions with Luan Steel Holding Group

Monday, January 8, 2024

Green steel investment in Riesa

Feralpi Group intends to invest over 220 million euros in decarbonization over the next few years to focus on green steel production at its Riesa facility, generating around 900 industrial jobs.

Monday, January 8, 2024

Aborted Privatization: SAIL's Salem Steel Saga

Initiated in 2019, the global call for Expressions of Interest (EoIs) failed to garner substantial interest from potential buyers, resulting in the annulment of the sale.

Thursday, January 4, 2024

UK Unveils Impending Carbon Tax Legislation

This legislation, following consultations in late 2023, aims to tackle emissions from select industrial imports entering the UK.

Thursday, January 4, 2024

USA: December's Steel Import Market Shift

It's essential to note that import permit data reflect tonnages requested in import licenses, potentially differing from actual import volumes. Preliminary estimates for December's actual import volumes will be available later this month.

Thursday, January 4, 2024

Baowu Resources: Bomi Project Operational

The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.

Thursday, January 4, 2024

MRIWA 2024 grant applications now open

The 2024 Minerals Research Institute of Western Australia (MRIWA) grant applications are now open, with a key focus on minerals research projects that are addressing a challenge facing the WA minerals industry.

Thursday, January 4, 2024
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