Germany-based steelmaker Thyssenkrupp Steel has announced that it has signed an agreement with German application-oriented research and development institute Grenzebach Maschinenbau for the construction of a direct reduced iron melter test facility

The global nickel market had a surplus of 13,400 metric tons in January, down from a surplus of 23,100 metric tons a year earlier, data from the International Nickel Study Group (INSG) showed on Thursday.

The export volume of Calcium Metal reached 2515.888 tons from January to February in 2024

"These policies will support the property and infrastructure sectors, which will benefit steel demand."

The total trading volume of 2403 contract on the exchange was 83433 lots, with a turnover of about 2729.9223 million yuan.

Most of the capital goods monitored by China's statistical authorities registered higher prices in early March compared with late February, official data showed Thursday.

Leading Indian steel companies, including JSW Steel and Tata Steel, plan to invest heavily in increasing steel capacity by at least 22 million mt per year in the fiscal year 2024-25

EVRAZ NTMK, one of Russia's leading metallurgical plants, is building a high-tech plant for the processing of vanadium-containing slag.