The Public Authority for Special Economic Zones and Free Zones signed a memorandum of understanding with the Japanese companies -Kobe Steel- and -Mitsui and Partners Ltd to establish a reduced iron plant in the Special Economic Zone at Duqm with a production capacity estimated at 5 million tonnes of reduced iron annually. Likewise, the two […]
In February 2023, US steel exports increased by 7.9 per cent from January to 713,250 tonnes and an increase of 8.2 per cent compared to February 2022, according to export data from the US Department of Commerce. In terms of value, US steel exports totalled $1.25 billion in February, compared to $1.23 billion in January
US steel exports increased by 7.9% in February 2023 Read More »
Clyde Russell After a stellar start to the year, China’s two leading steel and iron ore sectors are slowly losing momentum, raising concerns about the strength of the recovery of the world’s second-largest economy. Moreover, while prices across the steel complex have fallen in recent trading sessions, China’s iron ore imports appeared to be declining
Steel.. and testing the strength of China’s recovery Read More »
Javier Doblas In pursuit of the Paris Agreement’s goal of reducing global greenhouse gas emissions, and limiting the rise in global temperatures to no more than 1.5°C above pre-industrial levels, replacing fossil fuels with renewable energy is critical to achieving this global target. However, the electricity generated using renewable energy sources will not be sufficient
Hydrogen sector.. and the trillion-dollar opportunities Read More »