July 2023 crude steel production

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5 million tonnes (Mt) in July 2023, a 6.6% increase compared to July 2022.

Wednesday, August 23, 2023

JSW Steel considers 75% interest in Teck’s coal business

JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ steelmaking coal business.

Monday, August 21, 2023

Brazilian crude steel production declines in May

Brazil produced 2.8 million mt of crude steel in May, 5.5 percent less than in May 2022, according to the country's steel institute lABr.

Thursday, August 17, 2023

Means of production prices rise in China

Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported higher prices in the period, 15 saw price declines, while the prices of four remained unchanged, according to the Na...

Thursday, August 17, 2023

European green steel premiums little changed; deals remain sporadic

Notably, sources estimated that by 2030, 30% of the European steel market will be green (zero or close to zero emissions).

Thursday, August 17, 2023

Teck and Norden team up to reduce carbon emissions

Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) is working with Norden to reduce carbon dioxide (CO2) emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or ...

Thursday, August 17, 2023

GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon” is deciding exactly what “low carbon” means.

Thursday, August 17, 2023

US Scrap Trends Outlook: August

Spot activity for hot-rolled coil remains muted, limiting upside for primes and shred despite weak flows. Overall trend consensus remains little changed, up to 63% in August from 60% in July.

Wednesday, August 16, 2023
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