Build one of the cleanest, safest and most efficient steel plants in the world! Danieli to supply MIDA high-efficiency hybrid short-process steel plant to Pacific Steel

Danieli has signed a new contract with leading US steel manufacturer Pacific Steel Group (PSG) to supply the MIDA Hybrid mini-mill in Mojave, California. Thanks to the Q-One and Q-Jenius technologies, the mini-mill will use solar energy to produce construction steel from scrap in the most ecological way possible. The new plant will produce 380,000…

The first cross-border railway bridge between China and Russia was completed and opened to traffic!

The first cross-river railway bridge between China and Russia has just been completed and opened to traffic, which will greatly enhance the economic, trade, and freight links between China and Russia! The railway bridge named “Lininskoye-Tongjiang” was inaugurated on April 27 in the Jewish Autonomous Region of Russia. The total length of the bridge is…

Sinosteel International’s EPC general contract Tosyali Algeria Phase IV integrated steel plant starts construction

On April 27, 2022, the groundbreaking ceremony of the fourth phase of the Tosyali Algeria integrated steel plant project was successfully held at the site. The Tosyali Algeria Phase IV integrated steel plant, which is contracted by Sinosteel Equipment EPC, mainly includes a direct reduced iron workshop with an annual output of 2.5 million tons,…

The price of hot rolled coil in India fell further and the quotation returned to the Vietnamese market

Deteriorating global and domestic market sentiment has forced Indian mills to decrease hot rolled coil quotes further, but this has still not spurred counter-bids from buyers. Bids from European and Turkish buyers are nowhere close to matching Indian offers, owing to which buyers are heard withdrawing from negotiations well before deal conclusion, sources inform Kallanish.…

Japan’s steel exports fell to 3.15 million tons year-on-year for the third consecutive month in March

According to data from the Japan Iron and Steel Federation, Japan exported 3.145 million tons of steel in March, a slight decrease of 0.3% year-on-year, and the third consecutive month of year-on-year decline. Among them, the export volume of ordinary steel was 2.127 million tons, a year-on-year increase of 5.2%, the first year-on-year increase in…