E3 Lithium wins CAD 27m investment in Alberta lithium project


The Canadian government is investing CAD 27 million ($20.0m) in E3 Lithium and its plans to build a lithium-extraction demonstration plant in Alberta, Kallanish reports.

The grant came from Canada’s Innovation, Science and Economic Development’s Strategic Innovation Fund (SIF) and will help fund the planned CAD 87m demonstration plant. The grant was made possible through the SIF’s Net Zero Accelerator initiative.

The demonstration plant is expected to produce 20,000 tonnes/year of battery -grade lithium hydroxide monohydrate from Alberta’s depleted oilfields and would enable E3 to become a major producer of lithium in North America from the Leduc Aquifer in Alberta’s Bashaw District.

The SIF investment supports all aspects of E3’s resource and technology development including drilling, piloting of proprietary ion-exchange technology, process development and engineering including downstream lithium hydroxide conversion. The investment also supports additional development testing during the feasibility phase and the engineering and design of a definitive feasibility study.

The company will be reimbursed at 33.94% for eligible costs. The company will be required to repay the government funds if and when it earns gross revenues. The repayment will take up to 20 years.

The funding will significantly de-risk the project as the company moves toward a commercial facility, says president and ceo Chris Doornbos.

The company is developing three test wells in Alberta, to determine lithium concentrations. The first well was completed near the town of Olds, Alberta, at the centre of the company’s Clearwater Project area. It is a candidate location for the company’s first commercial operation. The other two test wells will be tested soon.

E3 Metals has developed a proprietary lithium-selective sorbent to extract lithium from brine in its direct lithium extraction process. E3 Metals has inferred resources of 24.3m t of lithium carbonate equivalent inferred resources in Alberta.

Suppliers resist following Indian HRC hikes in GCC


Non-Indian-origin import offers are preventing hot rolled coil price hikes in the Gulf Cooperation Council market. Numerous buyers with very low inventories booked modest tonnages last week of tubemaking and re-rolling grade HRC from Chinese, Saudi and Indian mills.

In November, re-rollers have seen improving demand from their customers abroad and their sales registered a 25-40% growth on October. This week, imported HRC prices are unchanged from last week, Kallanish notes.

In United Arab Emirates last week, after a long period of absence from the market, the major Indian mill issued its offer. It concluded a deal for a small cargo of mismatched-size HRC at $605/tonne cfr UAE for 5mm thickness S275JR grade for December shipment. The mill is offering 2mm+ re-rolling grade (SAE 1006) at around $640/t cfr GCC for December shipment, which buyers find unworkable. Other suppliers’ offers are at $585-605/t cfr for January shipment.

In UAE and Saudi Arabia, a few tubemakers booked from a Chinese mill at $620-625/t cfr GCC ports for 1.2mm thickness SPHT-1 grade for January shipment. A re-roller in UAE booked 5,000 tonnes from a GCC mill for 2mm+ SAE 1006 grade at $620/t delivered to Abu Dhabi for late-December shipment.

This week's prices are the same as last week; a Japanese HRC supplier, not typically active in the bloc, is offering base grade HRC at $580/t cfr GCC for February shipment. The bloc's well-known major Japanese supplier's negotiable initial offer for 2mm+ SAE 1006 grade is meanwhile at $600/t cfr for January shipment. Buyers say the latter has a $10-20/t margin for compromise subject to tonnage and customer classification.

Re-rolling grade HRC offers from Taiwan and the South Korean mill's Indonesian subsidiary are at $585/t cfr GCC for January shipment. Meanwhile, a Russian mill's officials, while visiting potential UAE customers, are indicating $15/t lower than market price for their material. However, buyers are showing less interest due to sanctions imposed on the Russian steelmaker's largest shareholder. 

An ex-China 0.34-1.17mm cold rolled full hard (CRFH) offer was heard at around $620/t, while South Korean 0.4-2mm thickness material is at $640/t, both cfr Abu Dhabi with January and February shipment, respectively.

Meanwhile, Vietnam-based Formosa's SAE 1006 and S235JR grade HRC offers through a Hong Kong-based trading company are at around $580-585/t cfr GCC ports for January shipment. S275JR grade incurs $10/t extra.

Well-known Indian HRC suppliers to the region are quoting at $600-610/t cfr GCC ports for mid-January shipment for tubemaking and re-rolling grades. 

"We know the Formosa quality through our contacts in India, and their re-rolling grade HRC is exceptionally good,” a senior downstream mill official comments. "The price increase that happened two weeks ago is not sustainable; for this reason, next week we expect $600/t cfr GCC will be the threshold for higher margins."

Kametstal halts production, Ferrexpo output suffers amid blackouts


Metinvest’s Kametstal steelworks has temporarily stopped production due to energy shortages after new shelling by Russia.

“During the week beginning 21 November, Russian attacks resulted in power outages throughout the country,” the company says. “Metinvest, along with other industrial enterprises operating in Ukraine, was also affected, as for the first time since the start of a full-scale military invasion, production at the group's Ukrainian enterprises was stopped on an emergency basis due to a lack of electricity.”

However, power supply has been partially restored, although industrial producers use electricity within the available quotas, which can change every day, it adds.

As of 28 November, all Metinvest enterprises have resumed their activities, except for Kametstal. An assessment is being made of possible damage to production facilities resulting from the shutdown, as well as of the timing of a production restart, the enterprise claims.

According to Metinvest, a long-term absence of deliveries of square billet from Kametstal may lead to the suspension of production at its Bulgarian Promet Steel re-rolling subsidiary. “We cannot predict how long Russia's attacks on Ukraine's energy infrastructure will continue and there may also future interruptions in production,” it adds.

Ukrainian iron ore miner and pellet producer Ferrexpo has meanwhile announced that repair work has now sufficiently progressed to allow for the partial resumption of production activities at its operations in central Ukraine, the company tells Kallanish.

“The supply of power to the group's operations, however, remains variable and limited, which has an impact on the cost effectiveness of production,” a Ferrexpo spokesperson notes. “As a result, the group is currently focused on drawing down on its stockpiles of finished iron ore products to maintain supplies to its customers. The ability to utilise such stockpiles has ensured a consistent supply to customers … and we can confirm that it has sufficient stockpiles to meet customer demand.”

Ukraine's Sukha Balka mine, part of DCH Steel, has decided to temporarily shut down production processes at the Frunze mine in the face of declining production volumes, consumption of raw materials and limited supply of energy resources. 

Earlier, stainless seamless pipe producer Centravis reduced capacity utilisation amid energy blackouts (see Kallanish passim).

ArcelorMittal Kryvyi Rih (AMKR) also critically limited electricity consumption and suspended most production processes.

US steel production slides on-week, on-year


US raw steel production for the week of 26 November was 1.625 million short tons with...

US long steel exports hit 10-month low


Long steel exports from the US fell to their lowest level seen in the past 10...

Danieli to install Nucor digital meltshop


Nucor has announced that Danieli technologies has been awarded the contract to upgrade the Nucor Kingman...

US primary metal shipments tick up


Metal shipments rose slightly in the US during October, but new orders of both primary metal...

Multifamily construction development slows in US


Multifamily construction fell in the US during Q3 as contractors face higher material costs and other...

Turkish HRC market drags along floor


The Turkish hot rolled coil market continued to lull in the existing range, as expected, regardless...

US sheet mills raise prices


US sheet mills, including Cleveland-Cliffs and US Steel, confirmed on 28 November that they would be increasing...

Feralpi Stahl invests in energy transformation


As a step in its ambitions for environmentally friendly steel production, German rebar mill Feralpi Stahl...

Severstal increases river shipments


Russian steelmaker and miner Severstal has concluded river navigation season with an increase in shipped volumes,...

Iron ore struggles under supply pressure


Seaborne iron ore prices struggled to edge higher on Monday, with positive macro news from the...

Yamamah wind tower unit orders production lines


Saudi Arabia-listed Al Yamamah Steel Industries has awarded Finland's Pemamek Ltd the supply of high-capacity PEMA...

Brazil extends duties on Chinese alloy steel bar


Brazil has extended its definitive anti-dumping measure on imports of rectangular bars of alloy steel from China...

NLMK trades scrap on new Russian e-commerce platform


NLMK Group says it has concluded several maiden transactions on the new Russian ferrous scrap e-commerce...

Gerdau invests in renewable energy generation projects


Gerdau will significantly increase the use of renewable energy in its entire production chain in Brazil,...

EU hopeful US subsidies dispute can be solved next week


EU ministers are hoping to agree on “concrete solutions” to the upcoming US green subsidies exclusions when officials meet next week, Kallanish reports.

In a Trade Foreign Affairs Council (FAC) meeting on Friday, ministers expressed their “serious concerns” the US Inflation Reduction Act, to be effective in January, will discriminate against the EU automotive, renewables, battery, and energy-intensive industries. Subsidies under IRA are only available to products made in North America, including EVs.

According to the European Commissioner’s vice-president and commissioner for trade, Valdis Dombrovskis, the EU-US working groups set up last month are working hard to deliver a package of “attractive results.” Now, issues are being discussed in a joint high-level task force.

“These are no easy discussions, but they must produce concrete solutions. What we are asking for is fairness. We want and expect European companies and exports to be treated in the same way in the US as American companies and exports are treated in Europe,” he adds.

The Trade and Technology Council (TTC), formed by US and EU counterparts, will meet for the third time on 5 December in the US. The “challenge” for this next meeting is to agree on “even more tangible outcomes, both in the trade and technology pillars,” says Czech industry and trade minister Jozef Síkela.

Ministers from the Netherlands, Sweden, and Ireland warned there’s a tight timeframe to reach an agreement. Their French counterpart added that the US transition should be done on the basis of fair competition, not breaches of WTO rules. He added that if a satisfactory deal isn’t reached soon, the EU will have to consider “other measures,” although that wouldn’t include a subsidy race.

“In the current geopolitical context, and keeping in mind our shared green targets, we should be building alliances in these important sectors – be that batteries, renewable energy, or recycling,” says Dombrovskis. “The last thing we should be doing is creating unnecessary distractions or potential new disputes.”

He also warned against the danger of conflating the IRA with the broader EU relationship with the US.

“These are separate tracks,” he adds.

Exports lift US scrap market sentiment


Approaching December trading, sentiment has turned bullish in the US scrap market amid sharp increases recorded in export destinations, Kallanish notes.

Besides exports, tightening supply is also likely to impact pricing during the December buy-cycle. Most market participants think the eight consecutive months of price decline are coming to an end. However, the extent of the rebound is still being debated, while all US market participants believe the steel market situation will determine scrap values.

On the US West Coast, the Taiwanese market followed the recovery in Turkey last week. Besides Turkey, improved steel sales contributed to the Taiwanese recovery. US-origin containerised HMS 1&2 80:20 offers are seen standing around $330-335/t cfr Taiwan, although no deal has yet been heard done in this range.

On the East Coast, price rises in Turkey continued on Monday on a fresh deal concluded from the US. A western mill bought HMS 1&2 80:20 at $360/t and bonus and shredded at $380/t cfr Turkey, for December shipment. This is up from the previous premium HMS 1&2 80:20 deal at $351/t cfr last week.

Although US suppliers are targeting even higher prices in Turkey following the latest booking, the Turkish market is questioning the viability of this given steel sales are yet to recovery satisfactorily.

Benelux scrap downtrend reverses amid strong Turkish market


Benelux scrap prices, which ended the downward trend last week, are increasing amid rising prices in...

Kyrgyzstan eyes iron ore deposits, steel exports


Kyrgyzstan plans to develop its iron ore deposits and build processing plants to reduce dependence on...

JSW cuts spending plans amid global slowdown, uncertainties


JSW Steel has reduced its capital expenditure plans by INR 5,000 crore ($612.70 million) to INR...

Lochinvar review confirms project is viable


Australian Mineral Explorer New Age Exploration says it has received a review of the scoping study...

Centravis reduces capacity amid energy blackouts in Ukraine


Ukrainian stainless seamless pipe producer Centravis has limited its production rate after the government asked the...

GCC awaits rebar prices, export deal concluded


December-delivery domestic and imported rebar prices are expected to surface in Oman and Kuwait this week....

Liberty acquires Dongbu EAF, strip mill for Galati


Liberty has agreed to purchase the Dongbu Steel plant and associated equipment from South Korean parent...

Aperam increases alloy surcharges


French stainless steel producer Aperam is increasing its December alloy surcharges by some €150/tonne ($157) on...

Italian car output increases unexpectedly


Italian passenger car output increased unexpectedly year-on-year in September following a long series of declines since...

Export duty annulment benefits industry, coal concerns: Narendran


The recent withdrawal of export duties will help Indian mills to increase their steel exports, Tata...

Data processing system improves TMK Seversky EAF efficiency


TMK’s Seversky pipe plant will introduce a modular system for analytical data processing at the electric...

Steel futures climb as RRR cuts confirmed


Chinese rebar and hot rolled coil futures have been holding at higher levels since Friday night...

Longgang progresses with approvals for steelmaking upgrade


Chinas Shaanxi-based Longmen Iron & Steel (Longgang) has obtained the approval of the energy...

UAE mills issue December rebar prices, Hamriyah out


In United Arab Emirates, other mills have maintained domestic rebar quotes for December rolling, following the...

Turkey’s Noksel gets ERW pipe mill environmental approval


Turkey’s Ministry of Environment and Urbanisation says Noksel Celik Boru’s environmental impact assessment process has been...

Handuk replaces Posco iron ore shipments with China


South Korea's Handuk Iron-mine & Construction Company, owned by SM Group, has shipped its iron ore to...

Kardemir recommissions revamped no.4 blast furnace


Kardemir says its blast furnace No.4 revamp started in April has been successfully completed and the...

Kungang commissions new pellet plant


Kunming Iron & Steel (Kungang) in southwestern China has commissioned a new pellet plant at its new...

Bahrain rebar prices slide, local content under discussion


United Arab Emirates-origin rebar offers for December rolling have fallen to $615/tonne delivered to Bahrain, with...

India’s October automotive production drops, sales rise


Indian automotive output dropped marginally, by 1% on-year to 2,191,090 units in October, against 2,214,745 units...

Hoa Phat produces tire steel


Hoa Phat Dung Quat Steel has started production of SWRH82A and SWRH72A steel for automotive tires,...

Bayi Steel resumes production after Sunday’s accident


Bayi Steel says normal production has resumed at its No.1 ironmaking branch’s Ouye furnace after an...

Chinese ferrous sector remains in the red


The year-on-year decline in Chinese ferrous sector’s year-to-date profit expanded in October, according to the National...

Tata’s TSLP acquires additional stake in NINL


Tata Steel Long Products (TSLP) has acquired an additional 46,875,000 equity shares in NINL for INR...

Iron ore, steel freight carloadings fall in Canada


Monthly freight carloadings of both iron ore and steel products in Canada fell considerably during September, ...

Long steel imports to US hit yearly low


Long steel imports to the US reached their lowest monthly level of the year during September, Kallanish...

US construction costs rise, despite falling steel prices


Steel construction input prices fell in the US across all related sub-categories, but overall input costs...

US adds 2 rigs, Canada loses 7


The US increased its rig count by two and Canada decreased its rigs by seven for...

Turkish pig iron imports grow, steel output drops


In the first nine months of the year, Turkish steelmakers imported almost the same amount of...

Iron ore declines despite China's RRR cut


Seaborne iron ore prices fluctuated widely last week under the influence of multiple factors, but finally closed almost...

Tata, SMS to cooperate on decarbonising integrated plants


Tata Steel and SMS announced on Friday a memorandum of understanding aimed at reducing carbon emissions...

Russian steelmakers need no state support: official


Russia’s export of metallurgical products does not require state support, says Russian industry and trade deputy...

Turkish imported scrap rises further on fresh deals


Turkish imported scrap prices, which saw a rebound the week prior, continued to increase last week...

ArcelorMittal Temirtau increases efficiency with overhaul


ArcelorMittal's Kazakhstan-based Temirtau steelworks has restarted production at is continuous casting machine No.1 (CCM-1) after a...

Turkish merchant bar quotes increase despite sluggish demand


Most Turkish merchant bar producers have increased their official offer prices due to the rises seen...

Kyoei Steel lifts rebar offers after five months


Osaka-based Kyoei Steel, Japan’s largest independent rebar manufacturer, announced last Thursday that it will raise the...

Steel imports endanger Turkish manufacturing industry: CIB


Turkey’s increasing use of Asian steel poses a risk to the Turkish manufacturing industry, Turkish Steel...

BMZ’s output stable, eyes more Russian cooperation


Byelorussian Steel Works (BMZ) produced about 1.7 million tonnes of steel products in January-October and plans...

Coil imports lose competitiveness in Europe


After a prolonged period of steady inflow, coil offers from overseas to Europe have gone up...

NLMK ramps up production following convertor upgrade


NLMK Lipetsk has completed the scheduled repair of a 330-tonne converter. The unit will now again...

Latin American September primary iron output dips


Latin American primary iron production decreased month-on-month in September. Output was also weaker on-year, Kallanish learns...

Mexico extends duty on Russian HRC imports


Mexico has extended the anti-dumping duty on imports of hot-rolled steel originating from Russia for a...

Argentinian construction sector slows in September


Argentina saw construction sector activity fall on-month, but it remained strong year-on-year in September. Consumption of...

European tube prices bottom, re-rollers prepare increases


Welded tube values are reaching rock bottom with southern European producers preparing price increases for December,...

Amreli reduces deliveries, sees spring Pakistan construction recovery


Pakistani construction activity could contract by 25-30% amid the impact of floods, higher interest rates and...

Chinese HRC stands still on uncertainties


Throughout last week, both supply and demand of Chinese domestic hot rolled coil were weak, while stimulus and harsher Covid lockdown policies were offsetting each other. Chinese HRC prices thus saw negligible changes at home and overseas, Kallanish notes.

In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,850-3,870/tonne ($538-540/t), remaining unchanged week-on-week. On the Shanghai Futures Exchange, meanwhile, the most-traded, January 2023 contract for HRC gained CNY 50/t from Thursday and CNY 28/t on-week to CNY 3,835/t.

Spot prices of Chinese HRC tried to climb twice last week on the back of futures hikes, but sluggish transactions hit sentiment and rapidly erased any increases. Although production is at low levels, reduced demand due to Covid outbreaks has prevented this from pushing up steel prices.

Coking coal and coke prices were also rising and supporting steel values. However, suffering mills are not expected to accept any further cost increases and they also have little room to raise production in winter. Coke will struggle to see another round of price increases after a CNY 100/t hike was concluded last week.

A fresh daily record-high number of new confirmed Covid cases has reversed policy easing as restrictions swept through more big cities including Wuhan and Chengdu. This winter, demand is more likely to be impacted than production, preventing HRC price increases in December.

Export markets were meanwhile lacklustre. Some Chinese exporters lowered their offers after India announced the removal of steel export duties. However, more mills then chose to hold offers steady as they do not expect more buying interest at lower prices, and they want to avoid losing more money.

South American buyers recently booked some quantities of Chinese SAE 1006 HRC at around $550-560/t fob China levels. “I heard the same price level for deals totalling just hundreds of tonnes, and it is still very difficult to sell in larger volumes,” one exporter in eastern China comments.

Limited quotations for January-shipment SAE 1006 HRC were also at around the same levels on Friday. “This means $565/t for Vietnamese buyers and is absolutely not acceptable for them,” one source says.

Kallanish assessed 2mm SAE 1006 HRC at $545-555/t fob China on 25 November, remaining unchanged from the prior week.

As Indian materials re-enter the global market and Vietnamese exporters are willing to sell at lower prices to secure dollars, Chinese HRC is being squeezed out.

Vietnamese HRC market inches up amid sluggish demand


The Vietnamese hot rolled coil market has risen but price gains are modest, Kallanish notes. While...

Southeast Europe steel output rebounds in October


Southeast Europe (SEE) crude steel production decreased in October compared with the same month last year,...

China Oriental’s sales grow, gross profit slumps


China Oriental Group Company Limited, the Hong Kong-listed parent company of Hebei Jinxi Steel, on 25...

Bowim's shipments fall, costs dent profitability


Bowim’s sales fell in the nine months through September as the market deterioration from the second...

Coking coal extends losses as demand remains weak


Seaborne coking coal continued to slide last week as fundamental demand remains weak. However, buyers have returned...

China's scrap price decline narrows


The Chinese scrap market has gradually stabilized from the decline early last week and recorded a...

Chinese rebar declines on Covid-19 lockdowns


Chinese rebar prices have fallen due to the comeback of the Covid epidemic, although improving financing for...

KIOCL restarts pellet plant following export duty annulment


KIOCL has restarted its Mangalore iron ore pelletising plant effective 24 November. This follows the annulment...

Reduced availability may lift Italian pig iron prices


Pig iron availability in the Italian market is expected to reduce, as the process of purchasing...

Manila billet import market struggles amid buyer standoff


The Southeast Asian billet import market continued to be quiet last week as suppliers maintained their...

Krakatau Steel plans silicon steel production in Indonesia


Krakatau Steel and Indonesia's PT PLN (Persero) have signed a cooperation agreement to promote the local...

Italian plate prices flatten


After falling in November, Italian plate prices are now flattening on-week but demand is persistently slow,...

UAE December wire rod prices align with rebar


Emirates Steel Arkan (ESA), the sole fully integrated mill in United Arab Emirates, has set its December-delivery 6.5-14mm...

Xuanli Steel receives capacity quotas from Henan Changtai


Tonglin Xuanli Special Steel in Chinas Anhui Province will receive capacity quotas of 1.04...

Pacific Nickel’s Kolosori project gets strong boost


Pacific Nickel says its Solomon Islands Kolosori nickel project JORC mineral resource estimate (MRE) has delivered a significant increase in contained nickel, Kallanish notes.

An updated JORC MRE shows Kolosori mineral resource stood at 9.21 million tonnes at 1.46% nickel at a 1% nickel cut off. This shows an approximately 134,000 t of contained nickel, an increase of some 21,000 t over the previously reported MRE.

The MRE also shows Kolosori has 7.08m t of nickel at 1.57% nickel at a 1.2% nickel cut off. This shows an approximately 111,000 t contained nickel, an increase of some 18,000 t over previously reported MRE.

The updated estimate compares with the previously reported JORC MRE of 6.02m t at 1.52% nickel at a 1.2% nickel cut off (approximately 93,000 t contained nickel) reported on 29 September.

The revised MRE provides an increase of 17% in total mineral resource tonnages and a 3% increase in nickel grades above the 1.2% nickel cut-off for an approximate 20% increase in contained nickel.

Further drilling is planned in 2023 to further upgrade inferred resources and to test extensions to the current deposits.

“The increase in resource combined with the revised exploration target and noting that the production is based on wet metric tonnes gives us a clear indication that we are looking at a materially increased mine life for the Kolosori project,” Pacific Nickel chief executive officer Geoff Hiller says. “We look forward to re-establishing a regional exploration program in 2023 to further expand the Kolosori resource base."

He also says the increased grade and tonnage details are now being factored into the definitive feasibility study, due for release in December.

Pacific Nickel’s Kolosori nickel project gets strong boost


Pacific Nickel has updated its Solomon Islands Kolosori nickel project JORC mineral resource estimate (MRE) with a...

CZR sees more resource growth at Robe Mesa


Australian mining firm CZR resources has announced the highest-grade assays yet at its Robe Mesa iron...

Widgie Nickel announces upgrade to Armstrong mineral resource


Australian miner Widgie Nickel says infill drilling has successfully confirmed the robustness of the mineralisation interpretation...

Southern European traders confirm end of coil downtrend


Traders in southern Europe have confirmed this week that the coil market seems to be preparing...

EU coil trend uncertainty grows


Although the northwest European coil market is still characterised by low demand and order activity, the...

Northern European rod prices fall, likely bottoming out


Northern European wire rod prices continue to fall this week, with sales limited and only small...

Tata Steel Ijmuiden reaches new CO2 efficiency milestone


Tata Steel says its Dutch integrated plant located in Ijmuiden has been ranked third in the...

Iron ore declines on inventory pressures


Seaborne iron ore prices fell slightly on Thursday, as the accumulation of iron ore port inventories...

AMKR suspends steel production amid energy blackout


ArcelorMittal Kryvyi Rih (AMKR) has critically limited electricity consumption and suspended most production processes due to...

Mechel reuses gas from processing coke by-products


Russia’s Mechel Coke Plant (Mechel-Coks) has put into operation a collector gas recovery system in the...

Spanish automotive sector upturn continues in October


Spain’s automotive sector continued to recover in October, seeing production and exports rise on-year, Kallanish notes....

Weak demand prevents Turkish pipe pricing recovery


Despite the recent rises seen in scrap prices, Turkish pipe producers are seen struggling to increase...

Turkish rebar quotes rise amid costlier scrap


Turkish mills have increased their long steel quotes due to the rises seen in scrap prices...

China's wire rod export offers rebound


Chinese wire rod export prices have increased, led by a brief rebound in the domestic steel...

Russia’s October pipe output increases amid steel decline


Russian steelmakers produced 4.47 million tonnes of non-alloy semi-finished steel in October, down by 16% on-year...

Primetals, Tata sign decarbonisation agreement


Primetals Technologies and Tata Steel have signed a memorandum of understanding to collaborate on the steelmaker’s...

Tata contracts Kocks for SBQ mill sizing block


Tata Steel Long Products has ordered from Kocks a reducing & sizing block (RSB) for its new...

MMK reduces dust emissions


Russian steelmaker MMK has installed a dust suppression system on the bunker racks of blast furnaces...

AISU forms technical committee for regional decarbonisation


The Arab Iron and Steel Union (AISU) has created a technical committee, in parallel to its economic...

French small scrap contract values decline


French scrap prices are declining by some €10-15/tonne ($10.4-15.6) in small-volume contracts implemented around mid-November for...