Category: NEWS
Global Steel Production Experiences Decline in November 2024
Global steel production declined in November 2024, with major producers like China and Russia reducing output. Year-to-date trends show…
Fitch Ratings Predicts Steel Growth and Challenges in 2025
Fitch Ratings forecasts moderate steel demand growth in North America and Europe for 2025, while India’s market…
BlueScope, BHP, and Rio Tinto Launch Electric Smelting Furnace Pilot in Australia to Decarbonize Steel Production
BlueScope, BHP, and Rio Tinto select Kwinana for a pilot plant testing DRI-ESF technology. The project aims to…
Tesla Forecasts Significant 2025 EV Sales Boost with Affordable Models
Tesla projects 20-30% EV sales growth in 2025 by offering affordable models. Increased production and strong financial…
Rolls-Royce Maintains 2024 Engine Guidance Despite Supply Chain Challenges
Rolls-Royce maintains strong engine demand despite supply chain issues, projecting steady deliveries and advancing engine…
Carpenter Technologies Sees Strong Growth in Aerospace and Defense Amid Robust Market Demand
Carpenter Technologies, Aerospace and Defense Carpenter Technologies reports solid Q1 2024…
Safran Faces Challenges in LEAP Engine Deliveries Due to Boeing Production Issues and HPT Blade Delays
Safran reports a decline in LEAP engine deliveries due to Boeing’s production issues and HPT blade challenges….
BNDES Boosts Support for Brazil’s Industrial Sector Amid Economic Strategy Shift
Brazil’s BNDES increases industrial credit approvals, shifting focus from agriculture. This strategic move aims to boost…
Titanium Producers ATI and Howmet Adjust Outlook Amid Boeing Strike Disruptions
The Boeing strike disrupted the titanium supply chain, affecting ATI and Howmet Aerospace. Financial projections were adjusted,…
Brazil Steel Industry Faces Continued Pressure from Rising Imports Despite Tariff Measures
Brazil raises steel tariffs to combat cheap imports, but producers seek stronger antidumping measures. The industry…
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