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POSCO plans to build HBI plant at Port Hedland

South Korean steelmaker POSCO plans to build a hot briquetted iron (HBI) plant with a capacity of 12 million mt per year at Australia's largest iron ore terminal Port Hedland

Wednesday, December 20, 2023

Saudi Arabia invests $12 billion in ferrous metallurgy

Saudi Arabia is making a strategic investment of $12 billion in ferrous metallurgy, expecting a significant 2.5-fold increase in steel consumption.

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

UK to launch Carbon Border Adjustment Mechanism from 2027

The UK also aims to establish a system for measuring the carbon emission content of products. CBAM will work with the UK Emissions Trading Scheme to reduce the risk of carbon leakage.

Wednesday, December 20, 2023

Busheld Minerals granted SARB approval for 100% ownership of Vametco

Busheld Minerals granted SARB approval for 100% ownership of Vametco

Wednesday, December 20, 2023

Liberty Ostrava to restart BF No. 3 in January, to continue to engage with energy supplier

The Czech Republic-based steelmaker Liberty Ostrava, a subsidiary of UK-based Liberty Steel, has stated that it has updated its optimization plan for its operations including the restart of its blast furnace No.3

Tuesday, December 19, 2023

India's Tata Steel to complete Kalinganagar steel mill expansion by Dec 2024

With its 8 million mt per year capacity at Kalinganagar, the total output capacity of Tata Steel's India operations will reach 26.6 million mt per year.

Tuesday, December 19, 2023

Japan’s Nippon Steel to buy U.S. Steel in a $14.9 billion deal

Japan’s Nippon Steel to buy U.S. Steel in a $14.9 billion deal

Tuesday, December 19, 2023
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