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How the “five types” of steel are made
The “five types” of steel refer to the five characteristics that the steel industry should have in the process of high-quality development. These characteristics are low-carbon and green, optimized layout, advanced technology,…
Steel consumption continues to recover, which may support the strong fluctuation of steel prices
According to the survey report, steel consumption is gradually recovering recently, which has a positive impact on supporting steel prices. Although the market is still volatile, the overall trend shows signs of…
The dream of a strong steel nation for the “zinc” generation
The dream of a steel powerhouse of the “zinc” generation demonstrates China’s vision of pursuing technological innovation and sustainable development in the modern steel industry. With the development of science and technology,…
Outokumpu withdraws US expansion plan and nuclear project in Finland on weak stainless steel market conditions
Outokumpu has decided to withdraw its plans to expand stainless steel production capacity in the U.S. and to cancel its nuclear project in Finland due to weak market conditions and high import…
EU invests heavily in energy infrastructure projects and innovation in steel and coal sectors
EU approves 1.25 billion euro investment in 41 energy infrastructure projectsRecently, EU member states approved a major investment project proposed by the European Commission to develop 41 energy infrastructure projects. This investment…
New solutions to the new problem of “just need”
“Rigid demand” refers to the rigid demand of the steel industry. The new challenges it faces include changes in market demand, pressure from environmental protection policies, and technological upgrades. In order to…
South Korea’s steel industry is in a state of emergency
The Korean steel industry has indeed been in a state of emergency recently. This is because US President Trump announced a 25% tariff on all imported steel, which has led to severe…
Trudeau vows to fight back against Trump’s steel, aluminum tariffs.
Canadian Prime Minister Justin Trudeau has harshly condemned the recent US tariffs of up to 25% on steel and aluminum imports, calling them “unacceptable.” Trudeau has firmly stated that Canada will not…
The Marketing Service Center of State Grid Henan Electric Power Company applied for a patent for carbon emission monitoring in the steel industry based on the electric-carbon coupling model, which has the advantages of integrating multiple data.
According to the news from the Financial Times on February 13, 2025, the information from the National Intellectual Property Administration shows that the Marketing Service Center of State Grid Henan Electric Power…
Posco’s net profit in 2024 will drop by 44.2%
A report released by South Korea’s Posco Holdings on February 3 showed that in 2024, the revenue of its steel business fell by about 2.1% to 62.201 trillion won, operating profit fell…
Futures brand registration process optimized, steel mills face new solutions to winter sales problems
Recently, steel mills have found new solutions to deal with winter sales problems. Steel mills use the hedging function of futures to lock in steel and raw material prices to avoid winter…
Shandong Iron and Steel received financing purchase of 7.0812 million yuan on February 10, with a financing balance of 305 million yuan
On February 10, Shandong Steel (1.460, 0.00, 0.00%) rose 2.10% with a turnover of 133 million yuan. The margin trading data showed that Shandong Steel received a financing purchase of 7.0812 million…