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News

Latest blog posts

meta  30/10/2024
Global Crude Steel Production
Global crude steel production fell 1.5% y-o-y to 1,251.1 million tonnes (mnt) over January-August 2024, as per worldsteel data.
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meta  30/10/2024
ArcelorMittal holds site visit to AM/NS India Hazira steel plant, 25th Sept 2024
AM/NS India is positioned to meet rising steel demand in India with a focus on expansion and sustainability.
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meta  30/10/2024
ArcelorMittal announces the removal and recycling of the Paris 2024 Olympic Rings and Paralympic Agitos ‘Spectaculars’.
ArcelorMittal successfully removed the Olympic rings from the Eiffel Tower, preparing for winter, while the rings will be recycled into steel beams for its new headquarters in Luxembourg, highlighting the company's commitment to sustainability.
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meta  30/10/2024
Sweden’s Stegra receives €100 million state aid for green steel operations
Stegra has secured around €100 million from Sweden's Industrial Leap Fund to enhance its green steel production plant in Boden, which will have a capacity of 2.4 million metric tons annually and is expected to commence operations in 2026.
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meta  30/10/2024
$1.3 billion is the volume of Egypt’s iron and steel exports in January – August 2024
Egypt’s iron and steel exports fell by 15% from January to August this year, totaling $1.368 billion, with Italy, Spain, and Turkey being the top importers.
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meta  30/10/2024
POSCO and Primetals to collaborate on development of HyREX plant
POSCO and Primetals have announced a partnership to develop a HyREX plant, focusing on hydrogen-based steel production technology.
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meta  30/10/2024
Kazakhstan’s steel production grows 7.3% y/y in August
In August 2024, Kazakhstan's steel production rose by 7.3% year-on-year, reaching 341,940 tons, although it saw a 3.6% decrease compared to July. From January to August, total steel output increased by 9.4% to 2.78 million tons, with flat product production growing 24% to 2.03 million tons.
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meta  30/10/2024
Steel demand in Europe may improve only in 2025
The European economy's recovery is hindered by the aftermath of the 2022 crisis, with divergent growth among member states and a heavy reliance on the EU market for Ukraine's exports, particularly in the iron and steel sector.
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meta  30/10/2024
Russia’s Amurstal plans to increase rolled steel production in 2025
The Russian steel industry, as outlined by Minister Alexey Abrosimov, is set for growth in production and competitiveness, driven by rising domestic demand and Amurstal's expansion plans.
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