Steel industry production news.

Iron ore at one-week high on softer dollar, pre-holiday stocking
iron ore production singapore
Wed, 20 Nov 2024 00:00:00 GMT
Iron ore futures rose for a second consecutive session to a one-week high on Tuesday, supported by a weaker dollar and the start of restocking by Chinese steelmakers to maintain production in January. The most-traded January iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended morning trade 3.05% higher at 776 yuan ($107.17) a metric ton. It hit the highest since Nov. 11 at 779.5 yuan a ton in the afternoon trading session. The benchmark December iron ore on the Singapore


Joydeep Dasgupta joins Director (Production) of NMDC
coal india production sail
Sat, 16 Nov 2024 00:00:00 GMT
Joydeep Dasgupta is the new director of production at NMDC. He started on Saturday. The government appointed Dasgupta on Friday. He will be director until at least April 2028. Dasgupta is an electrical engineer. He worked at SAIL for 27 years. He was also CEO of International Coal Ventures. Dasgupta has mining experience in India and other


Iron ore hits 3-week low on firmer supply, softer steel outlook
china iron ore market
Fri, 15 Nov 2024 00:00:00 GMT
Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm amid a weaker steel market outlook, although fresh stimulus measures by top consumer China for its property sector limited the losses. The most-traded January iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 1.37% lower at 756.0 yuan ($104.38) a metric ton. The contract earlier in the day hit its weakest level since Oct. 24 at 751.5


Tata Nederland to import Norway hydrogen, export CO2
ghg norway steel tata trade
Fri, 15 Nov 2024 00:00:00 GMT
Tata Steel Nederland plans to import zero-emission hydrogen from Norway for use in the steelmaking...


European steel sector calls for action plan to safeguard industry ...
europe steel
Thu, 14 Nov 2024 00:00:00 GMT
Policymakers in Europe need to follow a steel action plan to a avert a crisis in steelmaking, the...


Optimizing laser cutting throughput on the shop floor
Mon, 04 Nov 2024 08:00:00 GMT
General StampingandMetalworks increased its laser cutting capacity in a dramatic way, not by adding a machine, but by scrutinizing which jobs flow to which


Voortman Steel Machinery announces Illinois expansion
investment netherlands steel
Thu, 31 Oct 2024 15:15:00 GMT
Netherlands-based Voortman Steel Machinery has announced plans for a $51.4 million investment in Monee, Ill., to purchase and develop new property while increasing capacity by growing its


Primetals Press Release
germany metals primetals saarstahl
Thu, 24 Oct 2024 00:00:00 GMT
Saarstahl Chooses Primetals Technologies for Large Electric Steelmaking Substation Orde


Framecad Launches Nexa, the first End-to-End Cold-Formed Steel ...
production steel
Tue, 22 Oct 2024 00:00:00 GMT
FRAMECAD, the world leader in steel frame building innovation, today announced the launch of FRAMECAD Nexa, the first end-to-end production management


India Backs Three Hydrogen Steelmaking Pilots With $47m In Funding
ghg india investment steel
Tue, 22 Oct 2024 00:00:00 GMT
Oct 22, 2024 India backs three hydrogen steelmaking pilots with $47m in funding India has selected three pilot projects to trial the use of hydrogen in steelmaking to... View


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