Govt targets 604 mln tons of steel capacity by 2047 under draft policy
India aims to expand crude steel capacity to 604 mln tons per year by 2047 and increase finished steel consumption to 505 mln tons,...
IREPAS sees trade barriers, overcapacity fragmenting global steel markets
Global steel markets are becoming increasingly fragmented as trade barriers, overcapacity and geopolitical risks reshape trade flows, according to participants at the 95th meeting...
Essar plans USD 15 bln investment in Iowa steel complex
Essar Group-backed Mesabi Metallics plans to invest USD 15 bln in a new steel complex in Iowa, US, integrating the facility with its iron...
Thyssenkrupp extends project management support for Duisburg DRI plant
Thyssenkrupp Steel is advancing construction of its direct reduction plant in Duisburg, Germany, with US engineering and project management firm Jacobs continuing to provide...
Mesabi Metallics starts iron ore mine and pellet plant in Minnesota
Mesabi Metallics has started up its new iron ore mine and pellet plant in Nashwauk, Minnesota, marking the first new iron ore mine and...