Major German recycler TSR aims to supercharge scrap consumption in Europe with a high-grade scrap designed to make high-quality flat steel for sectors such as automotive, a company official told Fastmarkets on Friday April 28.
28 April 2023
Lee Allen
Sweden-based H2 Green Steel is hoping to attract a further €1.5 billion ($1.66 billion) of equity funding to finance the construction of a carbon-free steelmaking facility, the company confirmed to Fastmarkets on Friday April 28.
28 April 2023
Julia Bolotova
The Turkish steel sector needs state-level support if it is to achieve a green steel transformation, according to the speakers at Eurometal Steel Day & Yisad Flat Steel Conference in Istanbul on Thursday, April 27.
28 April 2023
Serife Durmus
DRI Italia, a 100% subsidiary of state-owned investment agency Invitalia, is to build a direct-reduced iron (DRI) facility at the Taranto steelworks at Puglia in southeast Italy, using state funds, a company representative told Fastmarkets this week.
28 April 2023
Julia Bolotova
China produced 8.27 million tonnes of stainless crude steel in Q1 2023, up by 326,500 tonnes or 4.11% from 7.95 million tonnes in the same period of last year.
28 April 2023
Jessica Zong
Glencore has started to beef up its aluminium business unit with the acquisition of stakes in bauxite and alumina assets.
27 April 2023
Andrea Hotter
The biggest steel producer and building materials supplier in the United Arab Emirates, Emirates Steel Arkan, is considering buying a stake in Thyssenkrupp steel division, Arab Iron and Steel Union (AISU) said on Wednesday April 26.
27 April 2023
Serife Durmus, Julia Bolotova
China’s stainless steel prices moved down over the week ended Wednesday April 26 due to the weaker demand and pessimistic sentiment among market participants, sources told Fastmarkets.
27 April 2023
Jessica Zong
Teck Resources has called off a shareholder vote on its proposed separation at the last minute, saying it would instead pursue a more simplified plan in the future.
26 April 2023
Andrea Hotter
Ferrous-related product markets in China have been rocked by sharp price declines since early April, amid concerns about weak downstream demand for steel materials from the country’s construction and manufacturing sectors.
26 April 2023
Norman Fong, Olivia Zhang, Alice Li
