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Mercedes-Benz AG and H2 Green Steel secure supply deal and an MoU to establish North American supply chain
June 7, 2023 – Mercedes-Benz signed a supply agreement with Swedish start-up H2 Green Steel (H2GS) over approximately 50,000 tonnes almost CO2-free steel per year for its European press shops and deepened its partnership through a Memorandum of Understanding ... |
Iron ore price forecast slashed by 18 per cent
Global investment management firm Goldman Sachs has slashed its iron ore price forecast by 18 per cent, citing weakened global demand. |
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. |
French mining group Eramet announces the opening of an office in Chile
French mining group Eramet announces the opening of an office in Chile |
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. |
AISI: US Steel Imports Down 9.4% In April vs. March
Finished Import Market Share YTD at 23%. |
The 19th China Ferroalloys International Conference successfully held in Beijing
The 19th China Ferroalloys International Conference successfully held on 31 May to 1 June 2023 in Beijing, China. |
Means of production prices down in China
Most of the capital goods monitored by China's statistical authorities registered lower prices in mid-May compared with early this month. |
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