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Germany's Klöckner to sell four commodity distribution businesses to focus on higher value-added products
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Germany-based steel producer Klöckner & Co has announced that it plans to sell four of its European commodity distribution businesses and has received an offer by Spanish miner Hierros Añon S.A.that comprises all relevant terms and conditions regarding an a... |
Steel Titans Clash: US Steel Acquisition Debate
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Periama Seals Full Ownership of JSW Steel USA
In line with earlier announcements, Periama Holdings LLC, a subsidiary of an undisclosed corporation, has recently concluded the acquisition of the remaining 10% stake in JSW Steel (USA) Inc. |
German steel industry reports production losses in 2023
Electric steelmaking, a highly energy-intensive industry branch, was particularly affected, recording a slump of 11 percent to a record low of 10.1 million tonnes. |
Clean utilization of coal to play key role in decarbonization process
Clean coal usually means capturing carbon emissions from burning coal and storing them in underground pockets of porous rock. |
China projected to see improvement in steel demand
Looking ahead, growth in steel demand is expected to pick up in industries such as machinery, automobiles, energy, shipbuilding, home appliances, and containers, while the demand in construction and hardware industries is projected to decrease. |
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