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AISI: August Steel Shipments Up 1.5 Percent From Prior Month

The American Iron and Steel Institute (AISI) reported that for the month of August 2023, U.S. steel mills shipped 7,663,767 net tons, unchanged from the 7,675,344 net tons shipped in August 2022.

Wednesday, October 11, 2023

Plan gives steel industry hope of brighter days ahead

Fan Tiejun, the head of the China Metallurgical Industry Planning and Research Institute, said there was an increasing need for some steel products.

Wednesday, October 11, 2023

China's Shanxi produces nearly 900 mln tonnes of raw coal in Jan-Aug

Last year alone, Shanxi produced over 1.3 billion tonnes of coal. It has set a coal output target of nearly 1.37 billion tonnes for 2023.

Wednesday, October 11, 2023

Nickel Industries inks binding agreement for IMIP Solar Project

Nickel Industries Limited and PT Sumber Energi Nusantara (SESNA) have entered into a binding Operational Lease and Service Agreement (OLSA) for the development, installation, operation and maintenance of a 200MWp + 20MWh battery solar project within the Indone...

Tuesday, October 10, 2023

New Abaxx exchange to expand EV metals offering beyond nickel

According to sources, a new Singapore-based commodities exchange, preparing to roll-out a futures contract for nickel used in electric vehicles (EVs), also aims to add contracts for other metals used in EV batteries.

Tuesday, October 10, 2023

Australia's Rio Tinto expects slightly higher Pilbara iron ore shipment in 2024

Australia's Rio Tinto RIO.AX said on Monday it expects iron ore shipments of 323 million to 338 million tons in fiscal 2024 at Pilbara, marginally above its forecast for 2023, as operating conditions continue to improve.

Tuesday, October 10, 2023

Rio Tinto Backs Pilbara Iron Ore Cost

Rio Tinto said it backed its full-year guidance to cost and shipments for its Pilbara iron ore operations.

Monday, October 9, 2023

Energy transition has potential to dramatically increase demand for steel

:With local electricity grid constraints becoming more prevalent and given the global emphasis on decarbonisation, the ongoing energy transition, as well as loadshedding, is expected to present both opportunities and risks for the South African steel industry,...

Monday, October 9, 2023
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