2023 global crude steel production totals
January 25, 2024
World crude steel production for the 71 countries reporting to the World Steel Association was 135.7 million tonnes (Mt)
Author: CoalNewswire
Coal Stocks On The Rise As Demand For Steel Soars In 2024
January 25, 2024
Coal still remains a vital part of our energy mix. In fact, a recent report by the IEA found global coal demand hit an all-time high in 2022
Arch Resources Looks to Repurpose Coal Facilities Ahead of Mine Closures
January 25, 2024
In Wyoming, a trivial zoning change approved by Campbell County this month could open the door to a new economic development strategy
Rail Disruptions Cut South African Coal Exports to 1992 Level
January 25, 2024
Shipments from South Africa’s biggest coal export facility dropped to the lowest in over three decades in 2023
China’s Clean Energy Boom Drives 2023 Growth
January 25, 2024
In 2023, China’s clean energy sector significantly boosted its economy, contributing a record 11.4 trillion yuan ($1.6 trillion)
Railroad operator CSX’s profit falls 13% on lower fuel surcharge
January 25, 2024
Railroad operator CSX Corp reported a 13% drop in fourth-quarter profit on Wednesday, weighed down by dip in revenues from fuel surcharge
Union Pacific beats Q4 profit estimates on strong pricing
January 25, 2024
Railroad operator Union Pacific (UNP.N), opens new tab beat estimates for fourth-quarter profit on Thursday on price hikes and volume gains
India’s Coal Power Surge
January 25, 2024
The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December
China orders curbs on debt spending but 2024 infrastructure steel demand seen steady
January 25, 2024
A recent central government directive issued to China’s 12 debt-ridden provinces and municipalities to downsize or halt some…
Global steelmaking capacity seen topping 2.5 billion t in ’23
January 25, 2024
Despite increasingly challenging market conditions, global steelmaking capacity during 2023 grew for a fifth consecutive year
Blast furnace operating rates continue to increase
January 25, 2024
On January 24, the blast furnace operating rate was 88.40%, up by 0.29% WoW. The blast furnace capacity utilization rate was 89.44%
Japanese Steel Exports Rise 1.3% in 2023
January 25, 2024
In CY’23, steel exports demonstrated their initial upturn in two years, recording a 1.3% y-o-y increase to reach 32.356 million tonnes (mnt)