AISI: US Raw Steel Production in the Week ending on August 3, 2024.

Meanwhile, crude oil production declined by 2.6 percent, and petroleum refinery production fell by 1.5 percent.

The steel industry's pace of green transformation has accelerated significantly, and intelligent manufacturing has been upgraded, he said.

Zimbabwean official hails Chinese steel firm for championing SADC industrialization agenda.

Weekly LME scrap futures trading volumes in the week to Aug. 1 fell slightly to 242,150 mt, down from 352,220 mt recorded in the week to July 25.

Steel giant Hoa Phat Group on July 29 signed a contract to supply 2,000 20DC containers to Hapag-Lloyd.

Steel producer ArcelorMittal South Africa (AMSA), which has been bemoaning weak domestic demand conditions for several years

The market has played a role in encouraging more action from enterprises to reduce emissions, the report showed.