Crude Steel Archives - Page 4 of 10 - Arab Iron and Steel Union

World’s largest steelmaker backs off on hydrogen integration

The world’s largest steelmaker has shelved plans to begin introducing green hydrogen into the industry, amid volatility in cost estimates and the future of the clean fuel in Europe. According to the hydrogen sector updates of the Washington-based energy platform, ArcelorMittal had prepared a package of projects aimed at reducing carbon from its portfolio, including […]

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Thyssenkrupp to cut 40% of steel workforce

News / user

Thyssenkrupp Steel plans to cut its steel workforce by 40%, warning that oversupply in Europe and rising cheap imports from China are adding to challenges for German industry. Germany’s largest steelmaker said on Monday it aims to cut around 5,000 jobs by 2030 through production and management changes, with another 6,000 jobs transferred to external

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Emirates Steel CEO: Expected project to produce low-carbon steel in Abu Dhabi

News / user

Saeed Al Ghafri, CEO of Emirates Steel, a subsidiary of Emsteel Group, revealed a new project to produce low-carbon steel in Abu Dhabi, in cooperation with Japanese partners to meet the growing global demand for environmentally friendly products. Al Ghafri confirmed on the sidelines of the “Middle East Iron and Steel Conference 2024” held in

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Egypt’s steel exports decline, imports increase in Jan. – Sep. 2024

News / user

Egypt’s steel exports declined in January to September of this year to $1.46 billion, a decline of 18% compared to same period last year. Exports fell by about 11.5% in terms of quantities to 2.25 million tons. The value of steel imports in January – September of this year increased by 33% to $4 billion,

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ArcelorMittal France and Genvia to collaborate on low-carbon hydrogen

News / user

ArcelorMittal France, a subsidiary of Luxembourg-headquartered steel giant ArcelorMittal, has announced that it has signed a contract with France-based renewable energy device producer Genvia to integrate a 200kg/day low-carbon hydrogen electrolyzer to the industrial processes for the production of high performance electrical steels. This collaboration represents an important step in the joint effort to reduce

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China steel output rebounds after four-month decline

News / user

China’s steel output rebounded in October, snapping a four-month losing streak, as market sentiment improved on Beijing’s efforts to stimulate economic growth. Improved profit margins helped steelmakers increase output to 81.88 million tonnes, up 6.2% from September and 2.9% higher than a year earlier, according to data from the National Bureau of Statistics. The cumulative

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China’s steel exports hit 9-year high

News / user

China’s steel exports in October 2024 increased by 10.1% compared to the previous month – to 11.18 million tons. Shipments increased by 40.8% compared to October 2023. It is reported by Reuters. During January-October this year, Chinese producers exported 91.89 million tons of steel (+23.3% y/y), which already exceeds the total exports of 2023 and

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Danieli to install ultra-lowemission EAF for China’s Shougang

News / user

Italian plantmaker Danieli has announced that it will supply Chinese steel producer Shougang with a new EAF using Danieli’s Zero Bucket technology for producing automotive-exposed grades. Zero Bucket technology features horizontal preheating and continuous charging with a capacity of 160 mt of tapped steel, minimizing carbon emissions. Being flexible in raw material charging and low

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Arab countries’ crude steel production increases by 1.9 % in January – September 2024

News, steel Statistics / user

According to the latest report issued by the World Steel Organization on crude steel production, Arab countries’ crude steel production to 3.4 million tons in September 2024, an increase of 2.2% compared to September 2023. Egypt topped Arab countries in steel production in September with a production volume of 867 thousand tons and an increase

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Egyptian steel industry witnessed an improvement in Jan – Sep. 2024

News, Public Reports / user

The Egyptian steel industry witnessed an improvement in the rate of crude steel production by 6% in the first nine months of this year to 7.9 million tons, accompanied by a significant increase in the production of rebar by 11% compared to the same period last year to 6.4 million. The increase in sales was

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World crude steel production down 4.7% in September 2024

News, steel Statistics / user

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in September 2024, a 4.7% decrease compared to September 2023. Africa produced 1.9 Mt in September 2024, up 2.6% on September 2023. Asia and Oceania produced 105.3 Mt, down 5.0%. The EU (27) produced 10.5

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China’s Steel Output and Crude Oil Refining Continue to Slump

News / user

Chinese steel production and crude oil refining continued to slump in September, while output of other key commodities rose. Steel mills churned out 77.07 million tons last month, the lowest total this year, leaving production in the first nine months down 3.6%, according to the statistics bureau on Friday. Oil refining fell to a three-month

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Britain abandons coal for power generation and closes largest traditional steel mill

News / user

Britain has taken steps aimed at reducing carbon emissions and ending the era of reliance on fossil fuels for power generation that began 142 years ago. On Monday, Britain announced its intention to close the country’s last coal-fired power plant, as well as the largest traditional steel plant, making it the only G20 member without

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Towards decarbonisation.. Britain’s largest steel mill ends production after 100 years

News / user

Britain’s largest steel mill will end production later on Monday, when the last blast furnace at Port Talbot in Wales closes after more than 100 years of steelmaking, with the loss of nearly 3,000 jobs. The closure of the last blast furnace at Port Talbot, once Europe’s largest steel mill, caps decades of decline in

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World crude steel production declined by 6.5% during August 2024

News, steel Statistics / wessam ahmed

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 144.8 million tonnes (Mt) in August 2024, a 6.5% decrease compared to August 2023. Africa produced 1.9 Mt in August 2024, down 7.2% on August 2023. Asia and Oceania produced 107.1 Mt, down 8.0%. The EU (27) produced 9.1

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Report: Green Steel Industry in the Middle East Gains Global Attention

News, Public Reports / user

The talk about green steel is increasing year after year, within the framework of global energy transition and emission reduction initiatives led by Europe, the United States and some major industrial countries. The Middle East and North Africa region is attracting significant European and global attention within the framework of these emerging initiatives, given that

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Tosyali Algeria launches second DRI production unit

News / user

Tosyali Algeria announced the commissioning of the second direct reduction unit, which operates using 100% natural gas or hydrogen with modification, which reduces carbon emissions. The new module will produce 2.5 million tons of products (HDRI, CDRI) per year. According to equipment supplier Midrex, the plant is capable of operating with an increased percentage of

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Emissions in China’s steel industry increased by 4.3% in January-July 2024

News / user

Total emissions in China’s steel industry in January-July 2024 increased by 4.3% compared to the same period in 2023. This was reported by the China Steel Association (CISA). Sulphur dioxide emissions per ton of steel amounted to 0.18 kg/t (-13.4% y/y), particulate matter – 0.20 kg/t (-9.2% y/y), nitrogen oxide – 0.34 kg/t (-9.9% y/y).

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China shuts down Chile’s largest steel mill

News / user

Chile’s largest steel mill, Wachipato, is closing after 74 years in operation, leaving thousands of people unemployed. Life in Talcahuano, a town of 160,000 people in the Biobio region 500 kilometres (310 miles) from the capital Santiago, revolved around the landmark steel mill. The closure of the plant affects 2,700 direct jobs, including those held

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China’s steel crisis sends August output to lowest since 2017

News / user

China’s steel output fell more than 10% in August from a year earlier amid falling prices and a sharp drop in demand for its products. The world’s largest steel sector experienced a bleak month last month, with China Baowu Steel Group, the world’s largest supplier of the commodity, warning of worsening conditions. With mills losing

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Harris rejects sale of US Steel to Japan’s Nippon Steel

News / user

A source close to US Vice President and Democratic presidential candidate Kamala Harris revealed that she insists on the continued ownership and management of US Steel Corp, which represents an obstacle to the Japanese steel company Nippon Steel Corp’s attempt to acquire the US company. Bloomberg quoted the source as saying that Harris, who will

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Steel prices on the last day of August 2024

News / user

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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Arab countries’ crude steel production increases by 4.9% in January – July 2024

News, steel Statistics / user

According to the latest report issued by the World Steel Organization on crude steel production. Arab countries’ crude steel production amounted to 3.4 million tons in July 2024, an increase of 2.7% compared to July 2023. July 2024 production was. Egypt topped Arab countries in steel production in July with a production volume of 959

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Global DRI output up 2.4% in July 2024

News, steel Statistics / user

According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 13 countries accounting for approximately 91.4% of total world DRI production in 2023 amounted to 10.61 million metric tons in June this year, decreasing by 2.6% month on month and up by 2.4% year on year.

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China revises approval system for new steel mills

News / user

China has revises its approval system for new steel mills as a sharp drop in demand has hurt the sector’s profits and boosted exports. The rules Beijing has used for years to allow companies to build steel mills on condition that they reduce a certain amount of existing capacity will no longer apply from Friday,

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World crude steel production down 4.7% in July 2024

News, steel Statistics / user

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 152.8 million tonnes (Mt) in July 2024, a 4.7% decrease compared to July 2023. Africa produced 2.0 Mt in July 2024, up 4.0% on July 2023. Asia and Oceania produced 112.7 Mt, down 6.4%. The EU (27) produced 10.8

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Egypt: Minister of Public Business Sector visits Delta Steel Company

News / user

Engineer Mohamed Shimi, Minister of Public Business Sector, visited Delta Steel Factories Company in Mostorod on Saturday morning, where he was received by Eng. Ayman Attia, Governor of Qalyubia. According to a statement from the ministry today, this comes within the framework of the ongoing field tours of various work and production sites in the

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Global DRI output up 6.9% in H1 2024

News, steel Statistics / mtaha

According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 13 countries accounting for approximately 91.5% of total world DRI production in 2023 amounted to 10.93 million metric tons in June this year, decreasing by 3.4% month on month and up by 5.2% year on year.

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Arab countries’ crude steel production increased by 5.3% in H1 of 2024

News, steel Statistics / mtaha

According to the latest report issued by the World Steel Organization on crude steel production, the Arab countries’ production of crude steel reached 3.2 million tons in June 2024, a decline of 0.4% compared to June 2023. The production of June 2024 was the lowest since May 2023. Saudi Arabia topped the Arab countries in

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Tosyali signs a contract to establish a direct reduction iron plant in Benghazi

News / mtaha

The United Libyan Company for Iron and Steel Industries signed an agreement with the Turkish company “Tosyali” to establish a direct reduction iron (DRI) plant in Benghazi. The company explained through a statement on its official Facebook account that this facility will be part of an integrated iron and steel plant, with a production capacity

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Crude Steel

World’s largest steelmaker backs off on hydrogen integration

Thyssenkrupp to cut 40% of steel workforce

Emirates Steel CEO: Expected project to produce low-carbon steel in Abu Dhabi

Egypt’s steel exports decline, imports increase in Jan. – Sep. 2024

ArcelorMittal France and Genvia to collaborate on low-carbon hydrogen

China steel output rebounds after four-month decline

China’s steel exports hit 9-year high

Danieli to install ultra-lowemission EAF for China’s Shougang

Arab countries’ crude steel production increases by 1.9 % in January – September 2024

Egyptian steel industry witnessed an improvement in Jan – Sep. 2024

World crude steel production down 4.7% in September 2024

China’s Steel Output and Crude Oil Refining Continue to Slump

Britain abandons coal for power generation and closes largest traditional steel mill

Towards decarbonisation.. Britain’s largest steel mill ends production after 100 years

World crude steel production declined by 6.5% during August 2024

Report: Green Steel Industry in the Middle East Gains Global Attention

Tosyali Algeria launches second DRI production unit

Emissions in China’s steel industry increased by 4.3% in January-July 2024

China shuts down Chile’s largest steel mill

China’s steel crisis sends August output to lowest since 2017

Harris rejects sale of US Steel to Japan’s Nippon Steel

Steel prices on the last day of August 2024

Arab countries’ crude steel production increases by 4.9% in January – July 2024

Global DRI output up 2.4% in July 2024

China revises approval system for new steel mills

World crude steel production down 4.7% in July 2024

Egypt: Minister of Public Business Sector visits Delta Steel Company

Global DRI output up 6.9% in H1 2024

Arab countries’ crude steel production increased by 5.3% in H1 of 2024

Tosyali signs a contract to establish a direct reduction iron plant in Benghazi

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