Mutares investment company became the buyer, the parties did not disclose the amount of the deal

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in September 2024

Worldsteel anticipates an eight percent increase in steel demand in lndia over 2024 and 2025.

2024 marks the 70th anniversary of Baotou city's Baogang Group, celebrating its monumental achievements in industrial growth, reform, and expanding global markets.

The research will consider the role of alternative reducing agents for blast furnaces

Accordingly, the SASAC of Chaoyang City will transfer seven percent equity in Lingyuan Steel for free to Ansteel Group.

“The impact is all good” because it avoids the severe and painful cost of disruptions in the supply chain, Bello said.

The Steel Authority of India Limited (SAIL), the largest government-owned steel producer in India, and resources company BHP, are collaborating to support steelmaking decarbonisation.