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Memorandum of understanding defined to explore integration of Newcleo LFR technology with Danieli Green Steel technology and plants. The agreement reached by Newcleo and Danieli lays the groundwork to decarbonise steel production through combined electricity and heat from nuclear energy. The integration of Newcleo Lead-cooled Fast Reactors -LFR with Danieli’s steelmaking technology will make a …
Newcleo and Danieli to explore nuclear-powered green steel production Read More »
GCC steel billet prices rose from $457/t to $460/t CFR between March 14 and March 28, according to Kallanish. This is $3/t lower than at the start of the month. Iranian bids are $443-445/t CFR from Kuwait, Oman and UAE ports for May delivery and remain stable. Chinese producers cut their bids by $5-7/t to …