BHP Billiton and POSCO explore steel decarbonization

LMM Global Steel Information Quick View (2021.10.21) BHP Billiton and POSCO explore steel decarbonization According to a press release issued by BHP Billiton (BHP), it has reached a Memorandum of Understanding (MoU) with POSCO to explore technologies to reduce greenhouse gas emissions in the steelmaking process. As part of the memorandum of understanding, BHP Billiton…

Mexico AHMSA resumes hot roll production

LMM Global Steel Information Quick View (2021.10.21) Mexico AHMSA resumes hot roll production Mysteel was informed that the hot rolling mill of the Mexican integrated steel manufacturer Altos Hornos de Mexico (AHMSA) has resumed production after two weeks of maintenance. AHMSA stated that the maintenance work aims to modify and repair the company’s equipment and…

India's severe power shortage crisis, the northern states have power outages for 14 hours a day, and the recovery of the manufacturing industry is hindered!

India’s severe power shortage crisis, the northern states have power outages for 14 hours a day, and the recovery of the manufacturing industry is hindered!

India’s severe power shortage crisis, the northern states have power outages for 14 hours a day, and the recovery of the manufacturing industry is hindered! After India experienced the second wave of the new crown epidemic, the economy gradually recovered, and the demand for electricity has also increased substantially. The wind of the energy crisis…

U.S. hot-rolled bar exports increase in August

LMM Global Steel Information Quick View (2021.10.19) U.S. hot-rolled bar exports increase in August Mysteel learned that according to the export data released by the US Department of Commerce, the US exported 39,724 tons of hot-rolled bars in August 2021, an increase of 4.8% month-on-month and 85.3% year-on-year, with a total export value of US$54.6…

Colombia’s August crude steel production increases

LMM Global Steel Information Quick View (2021.10.19) Colombia’s August crude steel production increases Mysteel was informed that, according to the Colombian National Committee of Steel Manufacturers, the country’s crude steel production in August 2021 increased by 4.3% year-on-year to 117,908 tons, and long steel production increased by 24.5% year-on-year to 1,484,43 tons. In the first…