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Chinese firm targets power generation in Gweru

Gweru-based ferrochrome producer, Jinan-Almid (Pvt) Limited says plans are underway to commence power generation with a target of producing at least 720 megawatts of electricity.

Friday, December 22, 2023

Export and import freight rates for lndia poised to surge up to 20-30% on security risks in Red Sea

Freight rates for lndian shipments to Europe and Africa could surge up to 25-30 percent on security risks along theRed Sea route, the usual maritime route connecting Asia to Europe, SteelOrbis learned from local exporters on Wednesday.

Thursday, December 21, 2023

China exports 21110.695 tons of calcium metal from January to November

China exports 21110.695 tons of calcium metal from January to November.

Thursday, December 21, 2023

Japan’s Nippon Steel buys US Steel for $14.9 bln

Japanese steelmaker Nippon Steel Corporation will acquire US Steel for $14.9 billion in the second or third quarter of 2024, the company said on Monday December 18.

Wednesday, December 20, 2023

Decarbonization Triumph: German Aid for Green Steel

The aid targets reducing carbon emissions and promoting renewable hydrogen production in line with EU directives.

Wednesday, December 20, 2023

Power pricing predictability reached for Glencore-Merafe ferrochrome smelter

The application of State electricity utility Eskom for a six-year negotiated pricing agreement for the Glencore-Merafe ferrochrome smelter operation in Rustenburg, in the North West Province, has been approved by South Africa’s energy regulator Nersa.

Wednesday, December 20, 2023

Feralpi's rebar plant in Germany closes for maintenance

Feralpi Stahl, the German rebar factory of the ltalian Feralpi Group, announced that it will stop production for four weeks for repair work.

Wednesday, December 20, 2023

Atlas Materials, SMGM enter into nickel ore supply agreement

Atlas Materials, which is focused on securing the supply of clean nickel for electric vehicle batteries in North America, has entered into a commercial agreement with Société Minière Georges Montagnat (SMGM) for the supply of nickel ore to Atlas’ first commer...

Wednesday, December 20, 2023
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