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U.S. Steel Mill Capacity Utilization Leapfrogs to Hit 85%

U.S. Steel Mill Capacity Utilization Leapfrogs to Hit 85%

August 3rd 2021
The U.S. weekly domestic raw steel output totalled 1.876 million net tons (NT).
ArcelorMittal Steel Shipments Dipped in H1 2021

ArcelorMittal Steel Shipments Dipped in H1 2021

The EBITDA for the first half of 202, at $8.3 billion, hit the highest level since 2008.
Sibanye Announced Significant Progress in Battery Metals Strategy

Sibanye Announced Significant Progress in Battery Metals Strategy

It marks low risk entry into the nickel beneficiation business and increases downstream exposure to the battery metals value chain.
ArcelorMittal JV in Saudi Arabia Completed Acquisition of JESCO

ArcelorMittal JV in Saudi Arabia Completed Acquisition of JESCO

The closing of the deal has resulted in creation of the Middle East region’s largest producer of seamless pipes.
Aurubis to Invest in More Efficient Tin Extraction

Aurubis to Invest in More Efficient Tin Extraction

The company aims to begin commissioning at the beginning of 2024.
U.S. Steel Swung to Profit During Q2 This Year

U.S. Steel Swung to Profit During Q2 This Year

U.S. Steel recorded liquidity of $4.176 billion, including cash of $1.329 billion as at the end of the second quarter.
ArcelorMittal Commited to Elevate Blast Furnace Scrap Consumption

ArcelorMittal Commited to Elevate Blast Furnace Scrap Consumption

ArcelorMittal anticipates transition from coal to natural gas as a forerunner to green hydrogen DRI.
AISI Applauded Proposal to Promote Made in America Products

AISI Applauded Proposal to Promote Made in America Products

The proposal calls for increasing the amount of American-made content that must be contained in a product to be considered as made in America.
Largest Copper Mine Union Rejects BHP's Final Offer, Calls for Strike Vote

Largest Copper Mine Union Rejects BHP's Final Offer, Calls for Strike Vote

The members of the union will now vote on the contract offer between Thursday and Saturday this week.
Metals X Eyes Rentails Decision in 2023

Metals X Eyes Rentails Decision in 2023

Once the tin has been concentrated to a low-grade intermediate product, Metals X plans to upgrade the material further.
Finished Steel Imports to Witness Substantial Surge in 2021

Finished Steel Imports to Witness Substantial Surge in 2021

The country is likely to witness 23.9% surge in finished steel imports in the entire year 2021.
World Nickel Market Posted Modest Deficit Until May

World Nickel Market Posted Modest Deficit Until May

The world apparent demand for nickel registered increase by 229kt than 2020.
ArcelorMittal Completed Investment in XCarb Innovation Fund

ArcelorMittal Completed Investment in XCarb Innovation Fund

 The $25 million equity injection makes it the lead investor in Form Energy’s $200 million financing round.
Novelis Declared $7 Million Investment in Terre Haute Plant

Novelis Declared $7 Million Investment in Terre Haute Plant

The new investment will result in the plant producing aluminum for household foil applications before the end of the current year.

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