Steel Times International News
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US finished import market share estimated at 22% in July
The American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of July totalled 2.28Mt (net tons). This was a 5.7% decrease from the 2.42Mt permit tons recorded in June and a 6.3% increase from the June final imports total of 2.15Mt.*
08 August 2024 -
Chilean miner and steelmaker to suspend operations due to dumping
Chile’s CAP group has decided to suspend operations indefinitely at its Huachipato Steel Company (CSH) rolling plant in the southern Biobío region due to a surge of Chinese imports.
08 August 2024 -
ArcelorMittal completes acquisition of a multi-million stake in Vallourec
ArcelorMittal has finalized its acquisition of a €955 million stake in tubemaker Vallourec.
08 August 2024 -
RWE and Salzgitter sign green energy agreement
Energy company RWE and steelmaker Salzgitter have agreed a long-term green electricity supply (Power Purchase Agreement, PPA) for up to 64 gigawatt hours per year.
08 August 2024 -
South Australia – well placed to be a green iron exporter
South Australia has now positioned itself at the forefront of national efforts to capitalise on what is known as ‘green iron’, according to the Institute of Energy Economic and Financial Analysis (IEEFA).
07 August 2024