New tunnel boring machine put to work in Anshan

Jishi, a tunnel boring machine (TBM), was put into use on Sunday in China's underground iron mine construction in Anshan city, Northeast China's Liaoning province, Liaoning Daily reported.

Tuesday, December 26, 2023

China projected to see improvement in steel demand

Looking ahead, growth in steel demand is expected to pick up in industries such as machinery, automobiles, energy, shipbuilding, home appliances, and containers, while the demand in construction and hardware industries is projected to decrease.

Tuesday, December 26, 2023

Clean utilization of coal to play key role in decarbonization process

Clean coal usually means capturing carbon emissions from burning coal and storing them in underground pockets of porous rock.

Tuesday, December 26, 2023

Export and import freight rates for lndia poised to surge up to 20-30% on security risks in Red Sea

Freight rates for lndian shipments to Europe and Africa could surge up to 25-30 percent on security risks along theRed Sea route, the usual maritime route connecting Asia to Europe, SteelOrbis learned from local exporters on Wednesday.

Thursday, December 21, 2023

Japan’s Nippon Steel buys US Steel for $14.9 bln

Japanese steelmaker Nippon Steel Corporation will acquire US Steel for $14.9 billion in the second or third quarter of 2024, the company said on Monday December 18.

Wednesday, December 20, 2023

Decarbonization Triumph: German Aid for Green Steel

The aid targets reducing carbon emissions and promoting renewable hydrogen production in line with EU directives.

Wednesday, December 20, 2023

Feralpi's rebar plant in Germany closes for maintenance

Feralpi Stahl, the German rebar factory of the ltalian Feralpi Group, announced that it will stop production for four weeks for repair work.

Wednesday, December 20, 2023

Joint energy projects help boost Pakistan's growth

"CPEC has laid a good foundation for Pakistan's industrialization, modernization as well as interconnection with other countries," Wang said.

Tuesday, December 19, 2023
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