According to an official document reviewed by Reuters and a source familiar with the matter, China will seek to reduce its steel production between 2025 and 2026. The world’s largest steel producer pledged in March to restructure its massive sector by cutting output, but it did not disclose key details such as the scale of […]
China Seeks to Cut Steel Production in 2025 and 2026 Read More »
World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 150.1 million tonnes (Mt) in July 2025, a 1.3% decrease compared to July 2024. Africa produced 1.9 Mt in July 2025, down 2.0% on July 2024. Asia and Oceania produced 110.4 Mt, down 1.9%. The EU (27) produced 10.2
Global crude steel production declined by 1.3% in July 2025 Read More »
China’s crude steel production dropped below 80 million mt in July for the first time this year, down 3.1% year-on-year for the January–July period. According to data from the National Bureau of Statistics of China, July output reached 70.80 million mt of pig iron, 79.66 million mt of crude steel, and 122.95 million mt of
China’s Crude Steel Output Falls Below 80 Million mt in July Read More »
Arab countries’ crude steel production recorded a significant increase in June 2025, with total production reaching 3.337 million tons, an increase of 6.3% compared to the same month in 2024, according to the latest data issued by the World Steel Organization. Strong Performance in the Gulf Region The Gulf Cooperation Council (GCC) countries contributed approximately
Arab countries’ crude steel production increased by 6.3% in June 2025 Read More »
Recent data from the World Steel Association (worldsteel) shows that direct reduced iron (DRI) production in 13 countries, representing approximately 87% of global DRI production in 2024, reached approximately 11.05 million tons in June 2025. Despite this slight increase of 1.7% compared to the same month last year, production recorded a significant decline of 8.9%
Global DRI output up 1.7% in June 2025 Read More »
World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 151.4 million tonnes (Mt) in June 2025, a 5.8% decrease compared to June 2024. Africa produced 1.7 Mt in June 2025, up 3.0% on June 2024. Asia and Oceania produced 112.9 Mt, down 6.2%. The EU (27) produced 10.4
World crude steel production decreased by 5.8 % in June 2025 Read More »
Eiji Hashimoto, Chairman and CEO of Japan’s Nippon Steel, revealed the company’s plan to double its steel production in the United States within three to five years in an interview with the Yomiuri Shimbun newspaper. The company aims to achieve this growth by increasing production efficiency at US Steel, which Nippon Steel acquired in June
Nippon Steel Plans to Double Its US Steel Production in 5 Years Read More »
The green steel industry in Europe is currently experiencing a setback, as many manufacturers have abandoned plans to operate their production lines with renewable energy sources, such as green hydrogen, due to high costs. European efforts are consolidating to make tangible progress in low-carbon steel production, in line with an international trend to reduce emissions
Europe’s green steel industry is suffering… and an Arab country is ready Read More »
According to the latest report issued by World Steel on crude steel production, Arab countries’ crude steel production reached 3.5 million tons in May, a 5.0% increase compared to May 2024. Egypt topped Arab steel production in May, with 810,000 tons, a decline of -9.5%. Saudi Arabia came in second place with 780,000 tons, a
Arab countries’ crude steel production increased by 5% in May 2025 Read More »
World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 158.8 million tonnes (Mt) in May 2025, a 3.8% decrease compared to May 2024. Africa produced 1.9 Mt in May 2025, up 5.5% on May 2024. Asia and Oceania produced 116.6 Mt, down 4.7%. The EU (27) produced 11.4
World crude steel production decreased by 3.8 % in May 2025 Read More »
Amid a growing gap between production and demand, the OECD warned in a recent report that global steel overcapacity is set to rise to 721 million tonnes by 2027, driven by distorting subsidies and excessive capacity expansion. This threatens market stability, undermines decarbonization efforts, and squeezes jobs and profitability in OECD economies. Expansion Outpacing Demand
OECD: Steel Overcapacity Expected to Surge to 721 million tonnes by 2027 Read More »
The German Ministry of Economics expressed its regret over the decision of steelmaker ArcelorMittal to abandon its plans to transition to climate-neutral production at its plants in Bremen and Eisenhüttenstadt, Germany. In response to a question on the matter, the ministry said in a statement: “This decision is a private business decision of the company
Germany regrets ArcelorMittal’s abandonment of climate-neutral steel production Read More »
India’s crude steel production in May rose by 9.5% year on year, reaching about 13.51 million tons. Finished steel production also rose by 9.6% compared to the same month last year, reaching about 13.15 million tons. This growth in domestic production is partly attributed to the government’s imposition of a 12% safeguard duty on steel
India’s Crude Steel Output Rises in May Amid by safeguard Read More »
China’s crude steel output fell significantly in May, as companies in the sector continued to reduce production, in line with the Chinese government’s efforts to limit supply in the market. Data from the National Bureau of Statistics indicated that crude steel production fell 6.9% year-on-year to 86.55 million tons, following an unexpected decline in April.
China’s crude steel output falls sharply in May Read More »
The China Iron and Steel Association (CISA) has announced that in early June (June 1-10) this year, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China – all CISA members – totaled 2.159 million metric tons, up 3.2% compared to late May (May 21-31) this year. In late May
China’s crude steel production and stocks rose 3.2% in early June Read More »
JSW Steel, one of India’s largest steel producers, has announced an investment of nearly $2 billion to implement an ambitious decarbonization program. This program aims to reduce carbon dioxide emissions by 42% by 2030, compared to 2005 levels, according to GMK. The program is based on several key pillars, including expanding the use of renewable
JSW Steel Allocates $2 Billion to Reduce Carbon Emissions Read More »
Jindal Shadeed Iron & Steel LLC is modernizing its eight-strand Concast continuous billet caster at its facility in Sohar Port, Oman, to meet growing demand from the construction sector. The strategic upgrade further strengthens the company’s partnership with SMS Group, leveraging their technical expertise to enhance production capacity and diversify the product range, particularly in
Modernization and expansion of continuous caster at Jindal Shadeed in Oman Read More »
The latest reports from the World Steel Association, released this month, revealed that Ezz Steel has topped the list of the largest steel producers in the Arab world and Africa, with a production of 6.4 million tons of crude steel in 2024, achieving the highest production in the company’s history. This surpasses the largest Saudi
Sonatrach, in collaboration with Sonelgaz and the US renewable energy company Hecate, is preparing an integrated green hydrogen production project to meet the needs of Tosyali’s iron and steel industry, according to a statement from the public company. This project was discussed during a meeting held at Sonatrach’s General Directorate headquarters, which brought together the
A green hydrogen production project to meet the needs of Tosyali Algeria Read More »
Steelmaking operations will be even greener at EMSTEEL thanks to the installation of an e-PGH Pilot (electric Process-Gas Heater) serving the DRI plant #1 at Abu Dhabi works, UAE, a plant that uses the Energiron technology jointly developed by Tenova and Danieli. The agreement for the supply of the industrial module follows the collaboration agreement
EMSTEEL proceeds with carbon-reduction program with Danieli Read More »
According to the latest report issued by World Steel on crude steel production, Arab countries’ crude steel production reached 3.4 million tons in April, a 1.7% increase compared to April 2024. Egypt topped Arab steel production in April, with 831,000 tons, a decline of -7.2%. Saudi Arabia came in second place with 757,000 tons, a
Arab countries’ crude steel production increased by 1.7% in April 2025. Read More »
Tata Steel has completed Phase II of its expansion project at Kalinganagar in Odisha, increasing the plant’s crude steel capacity from 3 to 8 mln tons per annum. This brings the company’s total steelmaking capacity in India to 26.1 mln tons per year. The upgraded Kalinganagar facility features advanced technologies focused on sustainability, efficiency, and
Tata Steel completes 5 MT expansion project at Kalinganagar Read More »
World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 155.7 million tonnes (Mt) in April 2025, a 0.3% decrease compared to April 2024. Africa produced 1.9 Mt in April 2025, up 6.3% on April 2024. Asia and Oceania produced 115.0 Mt, up 0.1%. The EU (27) produced 11.1
World crude steel production decreased by 0.3 % in April 2025 Read More »
In April this year, China’s outputs of pig iron, crude steel, and finished steel totaled 72.58 million mt, 86.02 million mt, and 125.09 million mt, increasing by 0.7%, remaining stable, and rising by 6.6%, respectively, all on a year-on-year basis, as announced by China’s National Bureau of Statistics (NBS). Nevertheless, compared to March, crude steel
China’s crude steel production fell 7% in April, m-o-m Read More »
According to the latest World Steel report on crude steel production, Arab countries’ crude steel production reached 3.4 million tons in March, unchanged from March 2024. Egypt topped Arab steel production in March, with 828.3 thousand tons, a decrease of -4.8%. Saudi Arabia came in second rank with 719.3 thousand tons, a decrease of -17.8%.
Arab countries’ crude steel production increased by 1.0% in Q1 of 2025. Read More »
China’s crude steel production rose in March to a 10-month high, driven by improved profit margins, but analysts expect production to remain flat or decline in April due to uncertainties about demand. Data from the National Bureau of Statistics showed that the world’s largest steel producer produced 92.84 million tons of crude steel last month,
China’s crude steel production rises to 10-month high Read More »
China has urged the British government to avoid politicizing the British Steel case, following comments by the UK trade minister criticizing the Chinese company’s takeover of the country’s last steelmaking plant. China warned the UK government to treat the Chinese owners of British Steel fairly or risk undermining investor confidence in the country, two days
China warns London against ‘politicizing’ British Steel Read More »
The British government expressed confidence in its ability to secure sufficient raw materials to ensure the continued operation of blast furnaces at the country’s last crude steel plant after taking operational control of the plant from its Chinese owners. The government explained that the Chinese Jingye Group, owner of British Steel, had decided to close
Britain Takes Over Operation of Last Crude Steel Mill After Dispute with Chinese Owners Read More »
With a 255,000-sqm dedicated to on-site renewable energy and the most modern, Danieli-patented technologies, the new MIDA Hybrid QLP-DUE minimill of Pacific Steel Group – PSG will be the most advanced manufacturing and recycling facility for long products in the world. It will ecologically produce 380,000 shtpy of straight and spooled rebar for infrastructure and
Danieli and Pacific Steel Group Collaborate to Produce Rebar Using Solar Energy Read More »
