Steel Times International News
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Gerdau Midlothian enters a three-year co-operation with Badische
Gerdau Long Steel North America's mill in Midlothian, Texas, USA has awarded Badische Stahl-Engineering (BSE) a three-year know-how contract.
28 July 2023 -
China to cap 2023 steel output, says Reuters
A report from Dominique Patton of Reuters claims that several Chinese steel mills have received instructions to cap 2023 output at the same level as the previous year, potentially curbing iron ore demand in ‘the world's top steel market’.
26 July 2023 -
Blast furnace steelmaking on a high, says Global Energy Monitor report
Coal-based steelmaking capacity under development globally that follows the ‘blast furnace-basic oxygen furnace’ production method increased to 380Mt/yr in 2022 from 350Mt/yr in 2021, at a time when its share of the world’s total capacity must shrink dramatically in order to hit long-term decarbonization targets.
24 July 2023 -
Electricity reforms fall short, says EUROFER
EUROFER (The European Steel Association) has cautioned that reform of the EU Electricity Market Design report continues to fall 'well short' of delivering the urgent solutions required to avoid further price spikes and 'overstates the potential of long-term solutions to redress the structural problems of the EU wholesale market'.
24 July 2023 -
Thyssenkrupp set to secure €2b grant for DRI plant
Thyssenkrupp is set to secure EU approval for €2 billion of German state subsidies for its proposed green steel plant in Duisburg, stated a report from Reuters.
22 July 2023 -
Turkish steel producer to commission DRI plant
Steel producer Ozmert Algeria, a Turkish company based in Algeria, has announced that it has made ‘significant progress’ in its new investment; a DRI and ore pelletizing plant.
20 July 2023
