UK government disadvantages Tata Steel
January 26, 2024
The UK government is putting Tata Steel at a disadvantage compared with its European peers with low level of funding to help decarbonise.
Tag: Steel
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)
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)
Mid-Jan Chinese Daily Steel Output Rises Further
January 24, 2024
Daily crude steel output climbed further during January 11-20, rising by another 3.7% or 74,700 tonnes/day from the previous ten days
Algoma Steel says structure collapse Saturday disrupted coke production
January 23, 2024
Algoma Steel Group Inc. says a structure supporting utilities piping at its coke-making plant collapsed on Saturday.
10 key takeaways from 2nd Steel and Metal Conference
January 23, 2024
The 2nd India Steel & Metal Conference – Supply Chain & Sourcing Strategies saw vibrant exchange of views and ideas
China’s BF capacity use rises further to 82.98%
January 19, 2024
The blast furnace (BF) capacity utilization rate climbed for the second straight week to reach 82.98% over January 12-18
China’s 2023 pig iron output edged up 0.7% YoY
January 18, 2024
China’s pig iron production totalled 871 million tonnes during 2023, up by a slight 0.7% from the previous year
Chinese Steel Outlook for 2024
January 18, 2024
Tepid domestic demand, robust exports to tint China’s steel sector in 2024