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European Steelmakers Call for Urgent EU Support Amid Industry Crisis
The European steel industry is calling for immediate action from the European Union (EU) to address an escalating crisis that is being described as the most severe since 2009. ..
Metinvest Prepares for Potential Disruption by Russian Forces Near Pokrovsk
Metinvest, who owns the Pokrovske coking coal mine, discusses their mitigation strategy should Russian forces take control of the operation…
Ukraine’s Steel Industry at Risk as Russian Forces Threaten Critical Coking Coal Supply
Russian troops now within 12 kilometers of the Pokrovske coal mine, the loss of which could deal a severe blow to Ukraine’s steel sector…
ADI to Restart Taranto Blast Furnace in Italy Amid Ongoing Restructuring Efforts
Acciaierie d’Italia (ADI) is set to restart blast furnace no.1 at its Taranto steelworks on 15 October, marking a significant step in the company’s efforts to revive production…
Russian Railways’ Plan to End Coal Export Agreements Could Hit Coal Industry Hard in 2025
Russian Railways (RZD) has announced it will not extend its agreements with key coal-mining regions regarding eastbound coal exports in 2025, potentially triggering a significant decline in coal production and export volumes…
U.S. Coking Coal Exports Decline in August Amid Shifts in Global Demand
U.S. coking coal exports declined substantially in August, falling by 17% year-on-year to 3.86 million tons…
Rising Coal Consumption in India’s Steel and Power Sectors
India’s increasing coal consumption is driving significant activity in both the steel production and power generation sectors…
Chinese Stocks Decline Amid Investor Impatience as Key Policy Announcement Approaches
Chinese stocks tumbled on Wednesday as investors expressed frustration over having to wait for new information regarding potential economic stimulus measures…
India’s Finished Steel Exports Fall 40% Amid Weak EU Demand, Becomes Net Importer in 1H24
India’s finished steel exports fell sharply by 39.6% year-on-year over April-August, driven largely by declining demand from the European Union, according to data from the Joint Plant Committee. The total exports during this period amounted to 1.92 million metric tons (MMt), with the steepest declines seen in key EU markets…
Lignite Coal Power CCS Project in North Dakota Secures First $4.1M Federal Tranche for Carbon Capture
The Project Tundra initiative, a demonstration project aimed at capturing 4 million tons of carbon dioxide (CO₂) annually from two lignite-fired units at the Milton R. Young Station in North Dakota, has received a significant boost. The U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) has awarded the project $4.1 million as part of a larger $350 million cost-share commitment. This funding marks the first tranche to support the development of carbon capture and storage (CCS) technology at the 705-MW coal power plant near Center, North Dakota…