Emirates Steel Arkan planning to set up ‘green’ steel hub in Abu Dhabi

Emirates Steel Arkan is aiming to set up the Middle East's first-ever “green” steel production hub in the United Arab Emirate's capital city Abu Dhabi.

02 June 2023 Serife Durmus

Iron ore deliveries to H2 Green Steel ‘not possible’ in near future, LKAB says

Sweden-based miner LKAB has confirmed its inability to deliver iron ore to H2 Green Steel’s steelmaking facility in Boden in the near future, Fastmarkets heard on Friday June 2.

02 June 2023 Julia Bolotova

Extension of US Section 232 exemption for Ukrainian steel likely to help EU exporters - sources

The United States has extended the suspension of Section 232 tariffs on Ukraine-origin steel - a move that is likely to also be beneficial for European steel exporters, sources told Fastmarkets.

02 June 2023 Julia Bolotova

Turkish flat steel market leaves May uncertainties behind; market still slow

The flat steel market in Turkey showed much uncertainty during May because of the elections to the country’s parliament, market sources told Fastmarkets on Thursday June 1.

01 June 2023 Serife Durmus

Emirates Steel Arkan, DNV sign deal on decarbonization efforts

The biggest steel producer of the United Arab Emirates, Emirates Steel Arkan, has signed a Decarbonization Strategic Collaboration Agreement with Norway-based certification, assurance and risk management provider DNV, the European company announced on Tuesday May 30.

01 June 2023 Serife Durmus

Timeline on carbon emissions poses major risk to EU steel industry, ArcelorMittal says

The short time-window within which European steelmakers must make the transition away from traditional blast furnace (BF) operating models to greener forms of production threatens to kill off what is left of Europe’s steel sector, according to Geert Van Poelvoorde, chief executive officer of ArcelorMittal Europe.

01 June 2023 Lee Allen