Demand for steel alloys grows as the energy transition gains momentum

Mining News Pro - Steel alloys are mainly used in the steel industry – but battery and energy storage applications mean they will also play an increasingly important role in the energy transition, says Wood Mackenzie, a Verisk business.

Steel industry emissions to decline 30% by 2050

Mining News Pro - Steel industry’s carbon emissions are expected to fall 30% by 2050 compared to 2021 levels, according to a new report by Wood Mackenzie.

Sinosteel signs $690 million deal for Cameroon iron ore mine

Mining News Pro - China’s Sinosteel Corp. has signed a $690 million contract to exploit an iron ore mine in southern Cameroon amid a push to cut Chinese reliance on Australian and Brazilian ore.

Sinosteel signs $690 million deal for Cameroon iron ore mine

Mining News Pro - China’s Sinosteel Corp. has signed a $690 million contract to exploit an iron ore mine in southern Cameroon amid a push to cut Chinese reliance on Australian and Brazilian ore.

Blast at India’s Tata Steel coke plant injures three contract workers

Mining News Pro - India’s Tata Steel said three contract workers had been injured in a blast at one of its coke plant units in the eastern state of Jharkhand on Saturday.

Saudi Arabia announces $6bn investments in steel complex

Mining News Pro - Saudi Arabia’s Ministry of Industry and Mineral Resources said it has secured $6 billion for a steel plate mill complex and electric vehicle battery metals plant as part of plans to lure $32 billion of investment into the mining sector.

China's steel industry consolidation speeds up

Mining News Pro - China's largest steelmaker Baowu Group is taking majority control of a steel company in the Jiangxi province, fast-tracking the company's consolidation plan and boosting production capacity at time of heightened emphasis on decarbonization.

Iron ore price retreats as China vows to cut steel output in 2022

Mining News Pro - The iron ore price fell on Tuesday after a spokesperson for China’s state planner said the country would keep reducing steel output this year.

Tata Steel to consider proposal to split equity shares on May 3

Mining News Pro - The board of Tata Steel Ltd will, on May 3, consider a proposal to split the stock and also recommend a dividend, the Indian steelmaker said in a statement on Sunday.

6 key drivers shaping China’s steel market amid the latest COVID-19 surge

Mining News Pro - China's steel production is expected to rise in April, but supply chain disruptions and logistics hurdles across may parts of the country could continue to undermine end-user steel demand.

Sangan Steel Complex is producing 6.5 million tons per month

Mining News Pro - The mining activities of Sangan Mining Complex surged from 4.5 million tons per month to 6.5 million tons with the arrival of 40 65-ton trucks and five high-powered excavators.

Gol Gohar Iron and Steel Development Company was selected as the best unit in 2020

Mining News Pro - A conference was held to honor the top industrial and mining managers of Kerman province.

European Steel Industry After Russia-Ukraine Conflict

Mining News Pro - Russia is the world's fifth biggest steel producer, while Ukraine comes in at 14th. The two combined account for a fifth of imports to the European Union.

ArcelorMittal removes Russian materials from steel supply chain

Mining News Pro - ArcelorMittal SA, Europe’s biggest steelmaker, has eliminated Russian commodities from its supply chain following the invasion of Ukraine.

Midhco is the best iron and steel chain supplier in Iran

Mining News Pro - Midhco was chosen as the best supplier of iron and steel in Iran this (Persian) year.

Oxin Steel is one of the finest wide steel sheet producers in the world

Mining News Pro - Head of Inspection of Petroleum Development Engineering Company visited the exports section of Oxin Steel Company and said that this company produce one of the best wide steel sheets in the world.

Oxin Steel’s development project is an opportunity for youth employment

Mining News Pro - The plan to develop and complete the steel chain is a good opportunity for the employment of Khuzestan’s youth population, especially the specialists in this field.

Oxin Steel won an award from Iran’s Department of Environment

Mining News Pro - Oxin Steel received a green industry award from Iran’s Department of Environment for three consecutive years in the evaluation of the Green Industry Award.

Russia and Ukraine Conflict affcted the Steel Industry

Mining News Pro - All Industries and Trade Forum president Badish Jindal said that the state owned steel companies have also increased their rates by Rs 5,000 to Rs 8,000 per tonne from March 1.

New monthly production record in Chadormalu steel plant

Mining News Pro - Chadormalu Mining and Industrial Company recorded a new monthly production in December 2021.

China Going to Expand Steel Production in 2023

Mining News Pro - China's hot-rolled coil capacity expansion is set to gain pace in 2022-2023 as the country marks a slow but gradual transition from property-driven to manufacturing-driven economic growth, a development that is expected to diminish demand for long steel from the property and infrastructure sectors in the long term.

Khuzestan Steel localized the production of oxygen compressors

Mining News Pro - Khuzestan Steel is now able to localize the production of oxygen compressors in the oxygen unit.

Accelerating the implementation of Shadgan Steel development projects

Mining News Pro - CEO of National Iranian Steel Company emphasized on accelerating the implementation of Shadgan Steel projects in a meeting with the presence of the chief executive of KSC.

Energy restrictions did not affect Hormozgan Steel production process

Mining News Pro - CEO of Hormozgan Steel Company said that despite the difficulties, energy restrictions such as gas and electricity, the company kept growing.

Hormozgan Steel Company receives the statue of customer satisfaction

Mining News Pro - HOSCO received the customer satisfaction award in the Eleventh Conference of Customer satisfaction in Iran.

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khuzestan steel
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