Freight rates for lndian shipments to Europe and Africa could surge up to 25-30 percent on security risks along theRed Sea route, the usual maritime route connecting Asia to Europe, SteelOrbis learned from local exporters on Wednesday.

China exports 21110.695 tons of calcium metal from January to November.

Tata Steel aims to become one of the lowest cost steel producers in the world thanks to the advanced technologies implemented at the Kalinganagar facility.

Japanese steelmaker Nippon Steel Corporation will acquire US Steel for $14.9 billion in the second or third quarter of 2024, the company said on Monday December 18.

The aid targets reducing carbon emissions and promoting renewable hydrogen production in line with EU directives.

The application of State electricity utility Eskom for a six-year negotiated pricing agreement for the Glencore-Merafe ferrochrome smelter operation in Rustenburg, in the North West Province, has been approved by South Africa’s energy regulator Nersa.

South Korean steelmaker POSCO plans to build a hot briquetted iron (HBI) plant with a capacity of 12 million mt per year at Australia's largest iron ore terminal Port Hedland

Saudi Arabia is making a strategic investment of $12 billion in ferrous metallurgy, expecting a significant 2.5-fold increase in steel consumption.