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Page 19 - Wire Making News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Iron ore price drop furthers crisis for China s steel industry

Iron ore dropped below $100 a ton for the first time in over five weeks, showing signs that the crisis in China’s steel industry is worsening.

Angang steel coMinmetals futuresAngang steelDaniel hynesNew zealand banking groupBloomberg unitedSteel magazineSteel times internationalBlast furnacesScrap processingEaf steelmakingIngot castingHot flat rollingHeavy section rollingRod bar rollingWire making

H2 Green Steel secures $189 4m investment for Sweden steel plant

H2 Green Steel has received $189.4m in a funding round to enable the construction of a fossil fuel-free steel plant in Boden, Northern Sweden.

Henrik henrikssonCristina stenbeckAltor fundSwedbank robur alternative equitySteel magazineSteel times internationalBlast furnacesScrap processingEaf steelmakingIngot castingHot flat rollingHeavy section rollingRod bar rollingWire makingProduct finishingStockholder processing

South Africa proposes temporary scrap-metal export ban

Members of the South African Iron and Steel Institute (SAISI) have come out in full support of the proposed six-month ban on the export of scrap metal…

South africaSouth africanCharles dednamEbrahim patelSteel instituteMetal trade taskSouth african ironArcelormittal south africaScape gateColumbus stainlessForce steelScaw metalsUnica ironSteel magazineSteel times internationalBlast furnaces

UK to face 25% tariff on steel sold to Northern Ireland

According to a report in UK newspaper the Financial Times, British steel producers will have to pay a 25% tariff to sell certain construction products…

United kingdomNorthern irelandBruxelles capitaleGreat britainRepublic of irelandGareth staceRichard warrenFinancial timesUnited kingdom steelBoris johnsonNorthern ireland protocolSteel magazineSteel times internationalBlast furnacesScrap processingEaf steelmaking

Australian coal producer to invest $169 1m in mining expansion

Australian metallurgical coal producer Coronado Global Resources has unveiled plans to invest $169.1m to expand coal mining operations at its Buchanan…

United statesGlenn youngkinGerry spindlerCommonwealth opportunity fundCoronado global resourcesBuchanan mine complexOpportunity fundGlobal resourceSouthwest virginiaSteel magazineSteel times internationalBlast furnacesScrap processingEaf steelmakingIngot castingHot flat rolling

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