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Egypt's EI Marakby Steel signs MoU with Elsewedy Electric to supply longs for its projects

Egypt-based long steel producer EI Marakby Steel and Egyptian electrical company Elsewedy Electric have signed a memorandum of understanding to achieve strategic cooperation between the two companies in the field of sustainability by providing solutions for en...

Tuesday, December 12, 2023

Rio Tinto sets ambitious targets for annual iron ore capacity in Pilbara

In a recent announcement,Australia-based mining giant Rio Tinto has outlined its ambitious goals for the annual capacity of its Pilbara iron ore business.

Tuesday, December 12, 2023

JSW Steel's crude steel output increased by 11% y-o-y in November

JSW Steel announced that its consolidated crude steel production for November reached 2.20 million tons (MT), an increase of 11% compared to the same period last year.

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

Baosteel to buy stake in Shandong-based steelmaker for $1.5 bln

Baoshan Iron & Steel (Baosteel) said on Friday it had agreed to buy a 48.6% stake in a steelmaker for 10.7 billion yuan ($1.49 billion) from Shandong Iron & Steel Group.

Friday, December 8, 2023

Oman surpasses expectations with surging steel exports and pioneering sustainability initiatives

ln a surprising turn, Oman, despite lacking the internal capacity for corresponding slab production, has successfully expanded its export volume.

Friday, December 8, 2023
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