Means of production prices mostly fall in China

Most capital goods monitored by China's statistical authorities reported lower prices in late November compared to mid-November, official data showed.

Tuesday, December 12, 2023

Nickel Industries to use EV trucks in mining operations

Nickel Industries Limited is trialling EV trucks in its operating fleet as part of its plan to reduce carbon intensity by 50% by 2035 and reach net zero emissions by 2050.

Tuesday, December 12, 2023

Odisha approves projects worth ?4,804 crore

The Odisha government on Thursday approved 19 industrial projects worth ?4,804 crore which are likely to generate 17,553 jobs, officials said.

Tuesday, December 12, 2023

Baowu Group and Huawei work together to develop the steel of the future

Both sides aim to strengthen ICT technology innovation and advance application discovery in industrial digitalization and intelligence, promoting business development and product diversification.

Monday, December 11, 2023

Seifsa warns of dire consequences if govt fails to intervene on AMSA longs closure

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is calling on government to take urgent and decisive action to support the domestic steel sector following ArcelorMittal South Africa’s (AMSA’s) announcement that it intends winding ...

Monday, December 11, 2023

British Steel announces plans to close blast furnaces at Scunthorpe plant

The company aims to replace blast furnaces with electric arc furnaces. The plans aim to deliver net zero production through electric arc furnaces to be installed in Scunthorpe and Teeside.

Monday, December 11, 2023

UAE set for further jump in steel scrap intake with AGSI capacity boost

The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand in the country.

Monday, December 11, 2023

The US ferrous scrap market is hotting up in winter months

“The problem is the most hazardous carbon emitting [part of manganese alloy production] is the use of coal or coke [reductants],” Kumar said.

Monday, December 11, 2023
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