Category: Steel
Outokumpu Supplies Grundfos with Circle Green Stainless Steel for Global Water Pumps
Outokumpu partners with Grundfos, supplying Circle Green stainless steel to reduce carbon footprint in water pump production.
Erdemir and Isdemir Unveil Major Investments for Sustainable Growth
Erdemir and Isdemir, part of Turkey’s OYAK Group, complete major investments with new facilities aimed at improving…
Global Shredder Count Reaches 1,200: Insights from the BIR World Recycling Convention 2025
The latest BIR report reveals global shredder count surpassing 1,200, with rising concerns about fires and advancements…
CBAM-Prompted Imports Could Deepen Oversupply in the EU Stainless Steel Market
The EU’s CBAM may lead to increased imports of stainless steel, worsening oversupply in the market by late 2025.
Kazakhstan to Enforce Steel Billet Export Ban
Kazakhstan plans to implement a six-month ban on billet exports to encourage domestic steel production and…
AISI Honors Collaborators with Automotive Excellence Award for Innovation in Weld Integrity
The American Iron and Steel Institute presented its Automotive Excellence Award to three collaborators for their innovative…
Global Scrap Consumption in 2024 Declines Slightly Amid Shifts in Steel Production
Global scrap consumption falls 1% in 2024, with growth in Turkey, EU, and India supporting circular economy trends.
EUROFER Urges Action to Close Loopholes in Cross-Border Carbon Adjustment Mechanism (CBAM)
EUROFER urges the EU to close loopholes in CBAM to ensure effective protection against carbon leakage and safeguard…
Nucor Reduces HRC Prices for Fourth Consecutive Time – Down to $870/t
Nucor cuts hot-rolled coil prices to $870 per ton for the week of May 26 – June 1, marking the fourth reduction this year.
Global Steel Production Capacity to Increase by 165 Million Tons by 2025-2027, Warns OECD
OECD forecasts a 6.7% increase in global steel production capacity by 2027. However, demand growth is expected to remain…
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