Steel industry production news.

Chinas 2024 crude steel output slips to five-year low on feeble ...
china production steel
Sat, 18 Jan 2025 00:00:00 GMT
Chinas crude steel output in 2024 fell 1.7% from the prior year to a five-year low, official data showed on Friday, hit by a long-running property market crisis that has depressed demand. The worlds largest steel producer manufactured 1.005 billion metric tons of crude steel last year, data from the National Bureau of Statistics showed. Last years output would likely mark the final year for crude steel output above 1 billion tons in the worlds second-largest economy, analysts said,


CCEA approves Rs 11,440 crore RINL revival plan
india production sail steel
Sat, 18 Jan 2025 00:00:00 GMT
The CCEA approved an Rs 11,440 crore revival plan for RINL, including Rs 10,300 crore in fresh equity. RINL aims to achieve peak steel production capacity and liquidate outstanding dues of Rs 35,000 crore. Additionally, the Steel Ministry proposes merging KIOCL with NMDC and considers integrating RINL into SAIL in the


Rio Tinto releases fourth quarter production results
australia results rio
Thu, 16 Jan 2025 00:00:00 GMT
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto Chief Executive Jakob Stausholm said: Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the business as we execute our strategy to deliver profitable growth. The implementation of our Safe Production System has again contributed to greater consistency across key operations, including our iron


Ukraine: Pokrovskugol decreases output due to military action
coal metinvest production russia
Tue, 14 Jan 2025 00:00:00 GMT
Due to military action in its proximity, Metinvest Pokrovskugol has decreased coking coal output. According to the company, the miners have learned to rearrange the manufacturing process during the war and continue providing Ukraine with as much coal as possible. The site No. 2 of Pokrovskoye Mine Group is developing the 11th northern long


Nucor TowersandStructures expanding nationwide footprint
nucor production usa
Fri, 10 Jan 2025 14:49:00 GMT
Nucor Corp. has announced that its TowersandStructures business unit will build its third utility structures production facility in Brigham City,


POSCO Future M Achieves Domestic Production of Essential Steelmaking ...
korea posco production steel
Fri, 10 Jan 2025 00:00:00 GMT
POSCO Future M Achieves Domestic Production of Essential Steelmaking Material Electrode Rods


Tata Steel Nederland reports higher production, deliveries
netherlands production steel tata
Thu, 09 Jan 2025 00:00:00 GMT
Tata Steel Netherlands has reported a rise in steel production and deliveries in its third fiscal...


Iron ore hits 7-week lows on rising China stockpile, stimulus ...
iron ore market singapore
Wed, 08 Jan 2025 00:00:00 GMT
Iron ore futures hit seven-week lows on Tuesday, weighed down by rising stocks of the steelmaking ingredient and disappointment over a lack of further monetary stimulus in top consumer China. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) TIO1 ended daytime trade 1.38% lower at 750 yuan ($102.38) a metric ton. Earlier in the session, the contract fell to its weakest level since Nov. 19 at 745.5 yuan. The benchmark February iron ore (SZZFG5) on the Singapore


Biden blocks $14.3bn Nippon Steel acquisition of US Steel, citing ...
investment nippon steel
Sat, 04 Jan 2025 00:00:00 GMT
Decision sparks debate over foreign investment, union jobs, and the future of US steelmaking


Uzbekistan: Uzbekcoal exceeds 6.7 million tons of coal production
coal production uzbekistan
Fri, 03 Jan 2025 00:00:00 GMT
In 2024, JSC Uzbekcoal achieved a record-breaking milestone, exceeding 6.7 million tons of coal production for the first time. This significan't accomplishment was largely driven by contributions from its branches: the Angren Coal Deposit (over 5.5 million tons), the Apartak Coal Deposit (over 1.2 million tons) and the Underground Coal Mining Shaft. The production


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