Iron ore futures extended losses to a second session on Wednesday, as a weaker global steel market outlook and softer forecasts for China's economic recovery overshadowed the top consumer's latest raft of stimulus measures.The most-traded January iron ore contract on China's Dalian Commodity Exchan…
In the week ending on October 12, 2024, domestic raw steel production was 1,620,000 net tons while the capability utilization rate was 72.9 percent.Production was 1,664,000 net tons in the week ending October 12, 2023, while the …
Bottom line: Steel prices are plummeting although still above their long-term average. More declines will come so delay locking as long as possible. Beware steel production cuts if …
The Association for Iron & Steel Technology (AIST) is a non-profit entity with 16,600 members from more than 70 countries. AIST is recognized as a global leader in networking, education and sustainability programs for advancing iron and steel technol ... 10/17/2024 - The World Steel Association has revised down its 2024 demand outlook, saying ...
9 See H2 Green Steel website; italicized entries by this author for clarification. 10 IEEFA, Solving Iron Ore Quality issues for Low-Carbon Steel, August 2022. 11 IIMA 2023 internal whitepaper on OBMs (Customs data from ISSB with interpretive adjustments by IIMA). ISSB data lags of 5-6 months prevent meaningful depiction of 2023 exports
The greening of the iron and steel industry should not be seen as a burden but an opportunity — a chance to innovate, adapt and secure a future where steel production aligns seamlessly with environmental stewardship. This is a win-win pursuit. Transitioning to a sustainable, low-carbon economy will not only be good for the environment; it ...
Iron & Steel Manufacturing in Ontario - current trends and industry outlook (2019-2029) The Iron & Steel Manufacturing industry in Ontario is expected to decline an annualized x.x% to /$7.3 billion over the five years to 2024, while the national industry will likely decline at a rate of x.x% during the same period.
Philippines Basic Iron and Steel Market Outlook (2019-2027) The report offers the most up-to-date industry data on the actual market situation, and future outlook of the basic iron and steel market in Philippines. The research includes historic data from 2019 to 2021 and forecasts until 2027 which makes the report an invaluable resource for ...
Dalian iron ore futures prices declined on Thursday, as investors weighed mixed production data while a softer global steel market outlook added pressure on prices. The …
1.1 World steel outlook. Mr. Adam Szewczyk. Head Data Management - WorldSteel. 1.2 Steel Market Outlook in the Arab Region. Mr. George Matta. ... 1.5 SMS group technological pathways to decarbonize the global iron & steel making industry. Mr.Paolo Cancian . IMEA Senior Sales Manager - SMS grooup. 1.6 Energy and Automation Transformation.
Iron And Steel Casting Market Size And Forecast. Iron And Steel Casting Market size was valued at USD 161.91 Million in 2024 and is projected to reach USD 246.6 Million by 2031, growing at a CAGR of 5.40% during the forecasted period 2024 to 2031.. The increase in demand for vehicles and the expansion of the automobile sector as a result of rising disposable …
Fitch Affirms Taiyuan Iron & Steel at 'A'; Outlook Negative. Tue 02 Jul, 2024 - 3:33 AM ET. Fitch Ratings - Hong Kong - 02 Jul 2024: Fitch Ratings has affirmed Taiyuan Iron & Steel (Group) Co., Ltd.'s (TISCO) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A'. The Outlook is Negative.
The China Iron and Steel Association said crude steel output at its members' mills was 1.9735 million tons per day in the period from July 21 to 31, down 8.1% from the prior 10-day period, with ...
In 2024, conditional on more favourable developments in the industrial outlook and increased steel demand, apparent steel consumption is projected to recover at a lower rate …
The latest edition, the 15th Report on Status & Outlook of the Malaysian iron & Steel Industry 2024/2025 is now available for sale. This publication provides an update of the World, ASEAN and Malaysian steel industry, providing data on …
We are delighted to announce that the MISIF 15 th Report on Status and Outlook of the Malaysian Iron and Steel Industry was launched by Yang Berhormat Tuan Liew Chin Tong, Deputy Minister, Ministry of Investment, Trade and Industry (MITI) on 1 July 2024 at The Majestic Hotel Kuala Lumpur. The event was witnessed by around 90 stakeholders of the industry …
The steel industry is experiencing several trends as we move into 2024. Here are the key points to note: Sustainable practices: Steel companies are increasingly focusing on sustainability, including reducing carbon emissions and implementing eco-friendly production methods.; Technological advancements: Automation and digitalization are transforming steel …
The most influential companies in the Iron & Steel Mills industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Iron & Steel Mills industry and adjacent sectors:
Iron Ore Pellet Market Outlook from (2023 to 2033) The global iron ore pellet market size reached US$ 62,466.3 million in 2022. Over the forecast period, global iron ore pellet demand is anticipated to rise at a 7.9% CAGR. ... The supply chain network in the iron and steel industry is highly vulnerable to disruptions caused by industrial ...
The steel industry's outlook for the next ten years remains fragile. Company leaders can adopt a strategic approach to ride out uncertainties and mitigate risk while the …
The report provides an overview of recent steel market developments, focussing on steel demand, supply, and prices during the semester of 2023, with reflections on the …
Iron ore futures extended losses to a 2nd session on Wednesday, as a weaker international steel market outlook and softer forecasts for China's economic healing eclipsed the leading consumer's newest raft of stimulus procedures. The most-traded January iron ore contract on China's Dalian Product Exchange (DCE) ended early morning trade 1.91%. lower …
United States Steel Corporation; Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) Taiyuan Iron & Steel (Group) Co., Ltd. China Baowu Steel Group Corporation Limited; Steel Dynamics, Inc. Companhia Siderurgica Nacional (CSN) Baoshan Iron & Steel Co. Ltd. Derichebourg S.A. Gerdau S.A. JSC Uzbek Metallurgical Plant; Metinvest B.V. JSW Steel …
Track 1 – Mai Huang – ArcelorMittal on behalf of the Auto/Steel Partnership. Role of Steel in Future Mobility. Track 1-2 – Hesham Ezzat – AISI. A Comprehensive Characterization of NEXMET® 1000 Formability. Track 2 – Dr. Wei Wu – AK Steel Corporation. Microstructural Optimization of AHSS and Press Hardened
McKinsey issues medium-term steel outlook report Consulting firm sees India's output rising and the world's producers continuing to focus on reduced emissions. The need to lower carbon emissions will lead to "a push for green steel," say the co-authors, who indicate a McKinsey survey of "global decision-makers" projects demand for ...
In 2023, Chinese steelmakers commissioned about 22 million mt/year of pig iron and 28.5 million mt/year of crude steel capacity, predicated on closures of about 23.8 million mt/year existing pig iron and 29.8 million mt/year existing crude steel capacity, according to S&P Global Commodity Insights calculations based on information gathered from ...
However, several signs of market slowdown began to appear in early 2022. As a result, steel demand outlooks have been revised downward: in April 2022, the World Steel Association's short-range outlook was less …
According to Fitch, world prices of iron ore, coking coal and thermal coal will show continuing declines in the coming years. For more information, see The Fitch report. In an article dated 29th August 2023, Capital Economics …
3.6 Hong Kong Steel Market Revenues & Volume Share, By Product Type, 2020 & 2030F. 3.7 Hong Kong Steel Market Revenues & Volume Share, By Applications, 2020 & 2030F. 4 Hong Kong Steel Market Dynamics. 4.1 Impact Analysis. 4.2 Market Drivers. 4.3 Market Restraints. 5 Hong Kong Steel Market Trends. 6 Hong Kong Steel Market Segmentations
Some 61% of participants said iron ore prices will range over $140-$160/mt CFR in Q2, with 17% seeing them higher at $160-$180/mt. A majority 65% expect iron ore requirements to be higher than in Q1, while 22% …
Dalian iron ore futures prices declined on Thursday, as investors weighed mixed production data while a softer global steel market outlook added pressure on prices.The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) COMEX:TIO1! ended daytime trade 0.26% lower at 755…
Steel outlook 2024: Analyzing consumption trends across key global regions According to SteelRadar's market research, focuses on the forecasted global steel demand for 2024, concentrating on key consumer regions and their anticipated consumption patterns. ... Global Iron and Steel Exchanges Iron and Steel Indices, Price and News. Shanghai ...
Oct 2018 –China Iron Ore & Steel Outlook 12 While South Korea's growth in steel intensity (i.e. amount of steel used per unit of GDP) represented a possible path in which hina's steel demand could develop, with the Chinese government focusing more on consumption and services
Evolution of the Steel and Iron Industry. According to the 15th Report on the Status & Outlook of the Malaysian Iron and Steel Industry 2024/2025, the local iron and steel industry has significantly influenced the nation's economic and industrial development since 1957.
