Liberty said it “is not idling the facility,” and will resume operations when markets recover.

With efforts from both sides, the factory gradually emerged from its crisis.

JSIS is commissioning three new facilities, a new 0xygen plant,Submerged Arc Furnace and the 6 million TPA Pellet which will make it one of the most integrated steel plants in the region.

Recent data from the American lron and Steel Institute (AISI) shows a slight week-over-week increase in U.S. crude steel production for the week ending May 4

The Brazilian southern state of Rio Grande do Sul, the place of origin of the Gerdau Group 123 years ago, is flooded by the historical heaviest rains that hit the state.

Kocaer Steel made a statement to the Public Disclosure Platform(KAP) on May 6, 2024 about the start of feasibility studies for investment in the United States of America.

That caveat is aimed at giving more flexibility to countries highly reliant on coal power, such as G7 member states Germany and Japan.

Tata Steel and ISM said in a joint statement on Wednesday,May 1.