steel Archives - Gold Investor

Russia’s MMK teams up with SMS Group to investigate how to reduce emissions

ltcadmin September 22, 2021

Magnitogorsk Iron & Steel Works (MMK), one of the largest steel producers in Russia, is to team up with equipment manufacturer SMS Group to study,…

FOCUS: Asian prime scrap sees record premiums amid lower auto output

ltcadmin September 11, 2021

Traditional relationships between prime steel scrap and lower-grade material in key Asian markets have shattered over recent months, market sources told Fastmarkets in early September…

China continues steel billet buying at higher prices amid output cut news

ltcadmin September 7, 2021

Steel billet buyers in China have continued to make import purchases in recent days amid expectations that further domestic production cuts will be imposed at…

SOUTH ASIA STEEL SCRAP: Import prices continue to decline

ltcadmin August 27, 2021

Prices for shredded steel scrap into Pakistan and India have decreased in the week to Friday August 27, sources told Fastmarkets. Published on August 27,…

South Korean steel scrap imports continue revival amid higher steel output

ltcadmin August 18, 2021

July imports of steel scrap to South Korea increased both on a month-on-month and year-on-year basis following another strong month in June, according to data…

VIETNAM STEEL SCRAP: Market at standstill as Covid-19 case numbers surge

ltcadmin August 2, 2021

The Vietnamese steel market remained in a state of shutdown during the week ended Friday July 30 due to a worsening of the Covid-19 pandemic…

SOUTH ASIA STEEL SCRAP: Markets steady on slow trading

ltcadmin July 27, 2021

Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told…

Vietnam Steel Association leads pushback against proposed billet export tax

ltcadmin July 23, 2021

The Vietnam Steel Association (VSA) is leading an industry-wide pushback against the country’s proposed export tax of 5% on steel billet, it said on Friday…

Steel, partners strive for net-zero energy target

ltcadmin July 20, 2021

Steel mills’ power sources are already shifting toward more solar, wind and other renewable sources from reliance on coal and fossil-fuel-based electricity. The next stage might…

Solar to power CMC’s new Arizona mill

ltcadmin July 20, 2021

Is the switching to scrap-based electric-arc furnace (EAF) steel production enough to get the industry to net-zero carbon dioxide emissions? The answer is probably not.…

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