China's Zhongzhong Science & Technology has started the process of building a state-of-the-art hot rolling mill for Haiyang Steel Group, one of Indonesia's leading companies.
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145.5 million tonnes (Mt) in November 2023, a 3.3% increase compared to November 2022.
Giyani is now intent on producing battery manganese – high-pressure manganese sulphate monohydrate (HPMSM) – at K.Hill, which is being developed as an integrated mining and processing operation.
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.
Tata Steel aims to become one of the lowest cost steel producers in the world thanks to the advanced technologies implemented at the Kalinganagar facility.