Steel Times International News
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Iron ore price drop furthers crisis for China's steel industry
Iron ore dropped below $100 a ton for the first time in over five weeks, showing signs that the crisis in China’s steel industry is worsening.
01 September 2022 -
Hydrogen pipeline systems to be installed for green steel project
CMS, a UK-based maintenance provider, is installing hydrogen pipeline systems at the Materials Processing Institute, in the initial phase of a project exploring the capabilities of green steelmaking.
01 September 2022 -
H2 Green Steel secures $189.4m investment for Sweden steel plant
H2 Green Steel has received $189.4m in a funding round to enable the construction of a fossil fuel-free steel plant in Boden, Northern Sweden.
31 August 2022 -
South Africa proposes temporary scrap-metal export ban
Members of the South African Iron and Steel Institute (SAISI) have come out in full support of the proposed six-month ban on the export of scrap metal from South Africa.
30 August 2022 -
Tata Steel signs MOU for EAF-based steel plant
Tata Steel has signed a memorandum of understanding (MOU) with the government of Punjab, for setting up a 0.75 Mt/yr long products steel plant with a scrap-based electric arc furnace (EAF).
29 August 2022 -
UK to face 25% tariff on steel sold to Northern Ireland
According to a report in UK newspaper the Financial Times, British steel producers will have to pay a 25% tariff to sell certain construction products into Northern Ireland after EU quotas for global imports were exhausted earlier than expected.
26 August 2022