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JSW Steel Posted Highest Ever Quarterly Revenue From Operations

JSW Steel Posted Highest Ever Quarterly Revenue From Operations

July 28th 2021
The huge drop in domestic demand led to 11% dip in sales of saleable steel by the company over the sequential quarter.
World Crude Steel Output Surged in First Half This Year

World Crude Steel Output Surged in First Half This Year

The largest regional producer of steel during the period was Asia and Oceania region, which recorded a cumulative output of approximately 737.0 Mt.
Year-To-Date Steel Imports Recorded Notable Surge

Year-To-Date Steel Imports Recorded Notable Surge

The three largest offshore suppliers of finished steel in June this year were South Korea, Japan and Turkey.
Cleveland-Cliffs Revenues Witnessed Multi-fold Jump in Q2

Cleveland-Cliffs Revenues Witnessed Multi-fold Jump in Q2

The adjusted EBITDA during the quarter stood at $1.4 billion, compared to adjusted EBITDA loss of $82 million a year before.
World Crude Steel Output Continued to Surge in June

World Crude Steel Output Continued to Surge in June

All regions recorded year-on-year surge in crude steel output.
U.S. Steel Added Sustainability Targets to Existing Credit Facilities

U.S. Steel Added Sustainability Targets to Existing Credit Facilities

Furthermore, it has now been extended for a period of five years up to 2026.
U.S. Steel Imports Through March Surged 3%: AISI

U.S. Steel Imports Through March Surged 3%: AISI

The largest offshore suppliers of finished steel in March this year were South Korea, Taiwan and Japan.
LatAm Crude Steel Output Surged Substantially: ALACERO

LatAm Crude Steel Output Surged Substantially: ALACERO

The monthly laminate production hit 4.96 Mt, higher by almost 67% compared to the same month a year before.
Nucor Consolidated Net Earnings Shot Up in Q2

Nucor Consolidated Net Earnings Shot Up in Q2

The average sales per ton in Q2 2021 increased by 49% compared to second quarter of 2020.
India Government Announced New PLI Scheme for Specialty Steel

India Government Announced New PLI Scheme for Specialty Steel

The PLI scheme is likely to bring in investment of nearly INR 40,000 crore and expand steelmaking capacity by additional 25 MT.
ArcelorMittal Partners with Japanese Firm on New Carbon Recycling Technology

ArcelorMittal Partners with Japanese Firm on New Carbon Recycling Technology

This will be used as an alternative reduction agent for iron ore in steelmaking process.
Liberty Steel Newport Mill Reported Significant Progress

Liberty Steel Newport Mill Reported Significant Progress

The plant has not reported a Lost Time Accident over the past 16 months.
SDI Earnings From Steel Operations Hit Fresh Peak

SDI Earnings From Steel Operations Hit Fresh Peak

The average ferrous scrap cost per ton melted at its steel mills stood at $439 per ton.
Nucor Corp. Announced Acquisition of Leading Steel Racking Manufacturer

Nucor Corp. Announced Acquisition of Leading Steel Racking Manufacturer

Nucor plans to purchase 100% of the company’s outstanding shares from its Employee Stock Ownership Plan (ESOP).

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