A comparison of shipments year-to-date in 2023 to the first seven months of 2022 shows the following changes: hot rolled sheet, up 4 percent, cold rolled sheet, down 1 percent and corrosion resistant sheet, down 2 percent.
Brazilian miner Vale said on Tuesday it expects to start building "mega hubs" in Middle Eastern countries next year to make low-carbon iron ore products for the steel industry, with the first one becoming operational in 2027.
No. 2 iron-ore miner Vale said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market remains intact.
Over 19 percent of installed power grid capacity in Shanxi, the country's largest coal-producing region, comes from PV power, according to the State Grid Shanxi Electric Power Company.