Arab Steel Summit

Arab Steel Summit

COKE

Indian Steel Minister: Coke Imports to Reach 160 Million Tons by 2030

India’s steel minister said coke imports will accelerate due to limited availability of the key steelmaking ingredient amid increased steel production capacity. Steel Minister Sandeep Pundrik explained that coke imports will reach 160 million tons by 2030, compared to about 58 million tons currently. Coke imports declined 0.7% year-on-year in fiscal 2025 due to lower …

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Australia reduced coking coal exports by 26.5% in February 2025

In February, Australia reduced coking coal exports by 26.5% year-on-year – to 8.99 million tons. This figure fell by 20.4% compared to the previous month, BigMint reports. Australian exports of coking coal to China in February decreased by 52% m/m – to 0.48 million tons, to India – by 45% m/m, to 1.63 million tons. …

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Steel prices in the third week of January 2025

According to the prices announced in the global steel markets, scrap prices amounted to $333/ tonne, $11 down compared to last week’s prices. and iron ore prices $104/ tonne, $6 up compared to last week’s prices. While the prices of billets ranged between 435 – 455 Dollars per tonne, while it was between 435 – …

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Steel prices in the second week of January 2025

According to the prices announced in the global steel markets, scrap prices amounted to $344/ tonne, $5 down compared to last week’s prices. and iron ore prices $98/ tonne, $1 down compared to last week’s prices. While the prices of billets ranged between 435 – 460 Dollars per tonne, while it was between 440 – …

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Steel prices in the fourth week of December 2024

According to the prices announced in the global steel markets, scrap prices amounted to $350/ tonne, $1 down compared to last week’s prices. and iron ore prices $99/ tonne, $1 down compared to last week’s prices. While the prices of billets ranged between 440 – 465 Dollars per tonne, while it was between 440 – …

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Steel prices in the third week of December 2024

According to the prices announced in the global steel markets, scrap prices amounted to $351/ tonne, $3 up compared to last week’s prices. and iron ore prices $100/ tonne, $4 down compared to last week’s prices. While the prices of billets ranged between 440 – 465 Dollars per tonne, while it was between 440 – …

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Steel prices in the second week of December 2024

According to the prices announced in the global steel markets, scrap prices amounted to $348/ tonne, $11 up compared to last week’s prices. and iron ore prices $105 / tonne, $1 up compared to last week’s prices. While the prices of billets ranged between 440 – 465 Dollars per tonne, while it was between 435 …

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Steel prices in the first week of December 2024

According to the prices announced in the global steel markets, scrap prices amounted to $337/ tonne, $1 down compared to last week’s prices. and iron ore prices $104 / tonne, $5 down compared to last week’s prices. While the prices of billets ranged between 435 – 460 Dollars per tonne, while it was between 445 …

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Steel prices at the end of November 2024

According to the prices announced in the global steel markets, scrap prices amounted to $338/ tonne, $6 down compared to last week’s prices. and iron ore prices $105 / tonne, $5 up compared to last week’s prices. While the prices of billets ranged between 445 – 475 Dollars per tonne, while it was between 455 …

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Steel prices in the third week of November 2024

According to the prices announced in the global steel markets, scrap prices amounted to $356/ tonne, $8 down compared to last week’s prices. and iron ore prices $96/ tonne, $6 down compared to last week’s prices. While the prices of billets ranged between 460 – 490 Dollars per tonne, while it was between 460 – …

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Steel prices in the second week of November 2024

According to the prices announced in the global steel markets, scrap prices amounted to $364/ tonne, $1 up compared to last week’s prices. and iron ore prices $102/ tonne, $1 up compared to last week’s prices. While the prices of billets ranged between 460 – 493 Dollars per tonne, while it was between 470 – …

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Steel prices in the first week of November 2024

According to the prices announced in the global steel markets, scrap prices amounted to $363/ tonne, $2down compared to last week’s prices. and iron ore prices $101/ tonne, $1 Unchanged compared to last week’s prices. While the prices of billets ranged between 470 – 500 Dollars per tonne, while it was between 475 – 500 …

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Steel prices in the fourth week of October 2024

According to the prices announced in the global steel markets, scrap prices amounted to $365/ tonne, $7down compared to last week’s prices. and iron ore prices $101/ tonne, $1 down compared to last week’s prices. While the prices of billets ranged between 475 – 500 Dollars per tonne, while it was between 475 – 510 …

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Steel prices in the third week of October

According to the prices announced in the global steel markets, scrap prices amounted to $272/ tonne, $13 down compared to last week’s prices. and iron ore prices $102/ tonne, $5 down compared to last week’s prices. While the prices of billets ranged between 475 – 510 Dollars per tonne, while it was between 480 – …

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Steel prices in the first week of October

According to the prices announced in the global steel markets, scrap prices amounted to $385/ tonne, $17 up compared to last week’s prices. and iron ore prices $110/ tonne, $8 up compared to last week’s prices. While the prices of billets ranged between 470 – 495 Dollars per tonne, while it was between 455 – …

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Steel prices in the last week of September 2024

According to the prices announced in the global steel markets, scrap prices amounted to $368/ tonne, $1 up compared to last week’s prices. and iron ore prices $102/ tonne, $10 up compared to last week’s prices. While the prices of billets ranged between 455 – 585 Dollars per tonne, while it was between 455 – …

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Steel prices in the third week of September 2024

According to the prices announced in the global steel markets, scrap prices amounted to $367/ tonne, $3 down compared to last week’s prices. and iron ore prices $92/ tonne, $1 down compared to last week’s prices. While the prices of billets ranged between 455 – 585 Dollars per tonne, while it was between 450 – …

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Steel prices in the second week of September 2024

According to the prices announced in the global steel markets, scrap prices amounted to $370/ tonne, $6 up compared to last week’s prices. and iron ore prices $92/ tonne, $9 unchanged compared to last week’s prices. While the prices of billets ranged between 455 – 565 Dollars per tonne, while it was between 450 – …

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Steel prices in the first week of September 2024

According to the prices announced in the global steel markets, scrap prices amounted to $370/ tonne, $6 up compared to last week’s prices. and iron ore prices $92/ tonne, $9 down compared to last week’s prices. While the prices of billets ranged between 450 – 565 Dollars per tonne, while it was between 470 – …

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Steelmaking’s shift from coal to gas could cut emissions by 75%

News, Public Reports / By user

Steelmakers are making efforts to shift away from traditional coal-based production methods, which contribute significantly to global carbon emissions. While green hydrogen is a promising solution for the future of steelmaking, its high cost and deployment challenges limit its potential as a near-term alternative to coal. The steel industry is exploring alternative solutions to reduce …

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IEA : Global coal demand to remain flat until 2025

Despite the rapid expansion of renewable energy sources, strong growth in electricity demand in key economies indicates that global coal consumption will remain largely stable in 2024-2025. This is stated in the latest report of the International Energy Agency (IEA) – Coal Mid-Year Update. In 2023, global coal consumption increased by 2.6% year-on-year, reaching a …

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Steel prices on the last day of August 2024

According to the prices announced in the global steel markets, scrap prices amounted to $364/ tonne, $4 up compared to last week’s prices. and iron ore prices $101/ tonne, $4 up compared to last week’s prices. While the prices of billets ranged between 470 – 490 Dollars per tonne, while it was between 465 – …

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Steel prices in the fourth week of August 2024

According to the prices announced in the global steel markets, scrap prices amounted to $360/ tonne, $10 down compared to last week’s prices. and iron ore prices $97/ tonne, $4 up compared to last week’s prices. While the prices of billets ranged between 465 – 490 Dollars per tonne, while it was between 465 – …

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Steel prices in the third week of August 2024

According to the prices announced in the global steel markets, scrap prices amounted to $370/ tonne, $8 down compared to last week’s prices. and iron ore prices $93/ tonne, $9 down compared to last week’s prices. While the prices of billets ranged between 465 – 490 Dollars per tonne, while it was between 475 – …

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Australia reduced coking coal exports by 17% m/m in July

In July, Australia’s coking coal exports to key Asian markets fell sharply. Exports to India fell 33% m/m to 2.34 million tonnes, Japan fell 2% m/m to 2.59 million tonnes, China fell 27% m/m to 1.16 million tonnes, and Vietnam fell 61.5% m/m to 0.25 million tonnes. Meanwhile, exports to South Korea rose 23% m/m …

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Steel prices in the second week of August 2024

According to the prices announced in the global steel markets, scrap prices amounted to $378/ tonne, $9 down compared to last week’s prices. and iron ore prices $101/ tonne, $3 down compared to last week’s prices. While the prices of billets ranged between 475 – 500 Dollars per tonne, while it was between 480 – …

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Steel prices in the first week of August 2024

According to the prices announced in the global steel markets, scrap prices amounted to $387/ tonne, $2 down compared to last week’s prices. and iron ore prices $104/ tonne, $2 up compared to last week’s prices. While the prices of billets ranged between 480 – 510 Dollars per tonne, while it was between 485 – …

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Steel prices in the third week of July 2024

News / By mtaha

According to the prices announced in the global steel markets, scrap prices amounted to $390/ tonne, unchanged from last week’s prices. and iron ore prices $104/ tonne, $4 down compared to last week’s prices. While the prices of billets ranged between 495 – 520 Dollars per tonne, while it was between 500 – 520 dollars …

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Steel prices in the second week of July 2024

According to the prices announced in the global steel markets, scrap prices amounted to $390/ tonne, unchanged from last week’s prices. and iron ore prices $110/ tonne, $2 down compared to last week’s prices. While the prices of billets ranged between 500 – 520 Dollars per tonne, while it was between 500 – 520 dollars …

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Steel prices in the first week of July 2024

According to the prices announced in the global steel markets, scrap prices amounted to $390/ tonne, $1 down compared to last week’s prices. and iron ore prices $110/ tonne, $3 up compared to last week’s prices. While the prices of billets ranged between 500 – 520 Dollars per tonne, while it was between 495 – …

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