Global insight

Zimbabwe aims to double power output by 2025 to meet mining demand

The country currently has a generating capacity of 2 000 MW but is only producing 1 400 MW due to regular breakdowns at its thermal power stations and water shortages at its main hydro plant.

Tuesday, June 6, 2023

French mining group Eramet announces the opening of an office in Chile

French mining group Eramet announces the opening of an office in Chile

Tuesday, June 6, 2023

Mexican economy expected to slow in 2024 due to US uncertainty

Mexico’s economy is expected to be affected by economic problems in the US, even though Washington’s debt ceiling agreement averted a bigger disaster.

Tuesday, June 6, 2023

SSAB to build new electric furnace in Oxelösund

SSAB's Board has taken an investment decision for the green transformation of the Oxelösund mill. The decision will enable a 3% reduction of Sweden's total CO2 emissions and the aim is to start production of steel without carbon emissions, based on recycled st...

Tuesday, June 6, 2023

AISI: US raw steel production in the week ending on May 27, 2023

In the week ending on May 27, 2023, according to data of AISI, US domestic raw steel production was 1,737,000 net tons while the capability utilization rate was 77.2 percent.

Monday, June 5, 2023

AISI: US Steel Imports Down 9.4% In April vs. March

Finished Import Market Share YTD at 23%.

Monday, June 5, 2023

Australian Vanadium signs grant agreement for A$49m

Australian Vanadium signs grant agreement for A$49m

Monday, June 5, 2023

SEAISI: Steel demand in ASEAN-6 countries to rise 3.4 percent in 2023

The South East Asia Iron and Steel Institute SEAISI) has stated that steel demand in the ASEAN-6 countries in 2023 is projected to increase by 3.4 percent year on year to 77.6 million tons, after rising by 0.3 percent in 2022. The major drivers of the growth i...

Friday, June 2, 2023
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