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Equador: the country strengthens security in mines and ports
Ecuador's government tightened security at mines, ports and power lines on 10 January, as the country struggles to control a crime wave that has left at least 10 people dead. On 9 January, gunmen linked to drug trafficking bombed police stations and stormed facilities...
HRC steel: ArcelorMittal increases coil prices by EUR 50/mt
Europe's largest steel producer, ArcelorMittal, has increased the price for hot rolled coils (HRC) by €50/mt due to limited import possibilities and low domestic supply. The company is now offering EUR 800/tonne for HRC to buyers in north-western Europe, an increase...
Stainless steel: global production up 2.5% in the first nine months of 2023
According to preliminary data released by the International Stainless Steel Forum (ISSF), global crude stainless steel production increased by 2.2% quarter-on-quarter to 14.73 million tonnes in the third quarter of last year, and by 2.5% in the first nine months of...
Pig iron: Salzgitter’s upgraded blast furnace is ready to produce 2 million tonnes
The German steel group Salzgitter recently inaugurated blast furnace A at its Flachstahl plant in Lower Saxony, enabling it to produce up to 2 million tonnes of cast iron. This came after the company completed a 100-day operation. Saltzgitter said on 3 January that...