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Steel: Chinese exports fell in August due to weak global demand
Chinese steel exports in August 2022 totaled 6.15 million tons (mnt), up 22 percent year-on-year, according to data released by the General Administration of Customs. In January-August 2022, the country's steel exports stood at 46.23 million tons, down 4 percent...
US DOE proposes low-carbon fuels to decarbonize steel sector
The U.S. Department of Energy is proposing several solutions to advance the decarbonization goals of the U.S. steel industry, including the use of alternative fuels and innovative demonstration pilot programs. Among the actions suggested in its roadmap for industrial...
Steel: Italian imports of slabs and flat products put in crosshairs by shifting trade flows
Global geopolitics and economic sanctions have pushed European mills to seek alternative sources of slabs, forcing a persistent and long-term adjustment in trade flows that has untethered the region from its traditional dependence on CIS-area supplies. Russia's...
Nickel: Vale Indonesia signs agreement with Shandong Xinhai and Baowu for $2 billion project
Nickel mining company PT Vale Indonesia on Tuesday signed an investment agreement with Chinese companies Shandong Xinhai Technology Co. Ltd and China Baowu Steel Group Corp. Ltd to develop Vale's project on the island of Sulawesi. Vale Indonesia CEO Ferbiany Eddy said...