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BHP lifts steel consumption forecast on surging demand from renewable power farms

The world’s steel production stood at 1.95 billion tonnes in 2021, according to the World Steel Association.

Monday, October 10, 2022

Fortescue doubles green hydrogen spending as Europe push expands

The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million.

Monday, October 10, 2022

Vale hires advisors as it assesses ‘value-unlocking alternatives’

Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction.

Monday, October 10, 2022

US Steel receives green funding toward Big River 2 mill

US Steel separately repurchased approximately $300 million of outstanding debt last week, the company noted in the same release.

Saturday, October 8, 2022

Outokumpu launches Circle Green stainless steel line using biomaterials

Circle Green is not yet available in North America, according to the spokesperson for Outokumpu.

Saturday, October 8, 2022

Thyssenkrupp partners with Mubea on low-carbon steel deliveries from 2026

Thyssenkrupp plans for its Steel Europe operations to be completely climate-neutral by 2045 at the latest, the company said.

Saturday, October 8, 2022

Direct-reduced iron ore pellet premium falls at the start of October on oversupply

In September, the premium remained at $95 per tonne.

Saturday, October 8, 2022

Rio Tinto joins hands with Shougang to support decarbonization

The agreement's focus areas include low-carbon sintering technology, blast furnace and basic oxygen furnace optimization, and carbon capture and utilization, it said.

Tuesday, September 27, 2022
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