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Reports

Steel industry carbon emissions to drop nearly 30% by 2050 in the world

Carbon dioxide emissions from the world’s steel sector will fall 30% by 2050 compared with last year as more mills turns to less-polluting electric arc furnaces (EAF), consultancy Wood Mackenzie said. Around 48% of global crude steel will be made via EAF by 2050, increasing from 30% in 2021 and almost on a par with …

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World crude steel production declined by 5.8% in March

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.0 million tonnes (Mt) in March 2022, a 5.8% decrease compared to March 2021. Global crude steel production was 456.6 Mt in the first three months of 2022, down by 6.8% compared to the same period in 2021. Asia …

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World crude steel production declined by 5.7% in February

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 142.7 million tonnes (Mt) in February 2022, a 5.7% decrease compared to February 2021. This is mainly due to the decline in the production of China by -10.0%, the largest producer and consumer of steel in the world, and …

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 World crude steel production increased by 3.6% in 2021 , Egypt is the first in the Arab world

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.7 million tonnes (Mt) in December 2021, a -3.0% decrease compared to December 2020. despite the decline in production in December, The world production of steel crude up by 3.6% compared to production in 2020. Crude steel production in …

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Summary of the third report, the Economic Committee of the Arab Iron and Steel Union

An overview of the Middle East and North Africa region At the beginning of 2020, the Arab countries were subjected to two major shocks; the first shock was the Coronavirus pandemic, and the subsequent economic effects like the rest of the world, while the second shock was the drop in oil prices. These two shocks …

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Tata Steel : World economy to see ‘worst contraction’ in 2020

Steel demand is expected to decline significantly in 2020-21 in line with a projected contraction in the global economy due to the impact of coronavirus pandemic, Tata Steel NSE 2.22 % has said in its annual report. Most of the steel producing regions are expected to witness a decline in crude steel output due to production cuts amidst …

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Report of the Libyan Iron and Steel Company in the light of the Coronavirus pandemic

The Libyan Iron and Steel Company was keen to abide by all instructions issued by the Presidential Council and the competent authorities affiliated to the Ministry of Health in the Government of Concord. The company’s management has held many meetings with specialists to develop plans, precautionary and preventive measures to confront the Coronavirus, take appropriate …

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