THE METALLURGICAL WORLD AT YOU FINGERTIPS.
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Germany increased steel production by 6.3% y/y in July
The production of pig iron for the month increased by 2.4% y/y, and rolled steel – by 2.5% y/yGerman steelmakers increased steel production by 6.3% in July 2024 compared to the same month in 2023, to 3.14 million tons. Compared... Read more
Aluminium,Automotive › European aluminium foundry market sees headwind due to subdued domestic automotive production
Analysts from Fastmarkets have reported a slowdown in aluminium consumption in the European automotive industry, underpinning muted economic factors. A considerable decline in automobile production due to the ill effects of the cost-of-living crisis has resulted in reduced applications of... Read more
Steel,Germany › Germany's crude steel production rises in Jul y-o-y
According to statistics from the German Steel Federation (WV Stahl), Germany's crude steel production totaled around 3.1 million tons in July, increasing by 6.3% compared to the same month a year ago.During the period, the production of hot-rolled steel was... Read more
Economy,Salary › Industry engineers salary around the world
Salaries for engineers per year can vary significantly depending on the country, level of experience, specific industry, and even city or region within a country. Here's a general overview of average annual salaries for engineers in various countries (converted to... Read more
Green Steel,Iron ore › Australia’s iron ore golden age ‘well and truly over’ as nation falls behind in ‘green steel’ race
Australia’s iron ore golden age is well and truly over. A new age is dawning – but it looks like the country may have already missed the boat.Australia’s prosperous Iron Age is well and truly over. A new age is... Read more
Iron ore,China › Iron ore enters “harsh winter”
Mad Dalian was also bad:Coking coal will halve yet!Baowu Group summed it all up better than I could:Conditions in China’s steel sector are like a “harsh winter” that will be “longer, colder and more difficult to endure than we expected,” China... Read more
Steel,green steel › When will green steel take off in the US?
Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia.When, if ever, will US mills be able to take advantage of the global green steel push?Buyers are pushing... Read more
Iron ore,China › China warns winter is coming for iron ore miners
Chinese steelmaker Baowu has warned of a “long and harsh winter” ahead for the steel industry putting Australian iron ore miners on notice and sending the price of Australia’s No.1 export tumbling for the sixth time in seven days.BHP and... Read more
Aluminium › Jaguar Land Rover may stop car production due to a lack of aluminum.
Jaguar Land Rover is concerned about the possibility of facing an aluminum shortage that could affect the production of its models until the end of 2024.At the root of this concern for the British car manufacturer is the flooding that... Read more
Steel,US Steel › US Steel Kosice will shut down the blast furnace for maintenance in August
Further configuration of production will depend on market conditionsSlovak steel producer US Steel Kosice (USSK), a subsidiary of US Steel, plans to shut down one blast furnace for routine maintenance in August 2024. This was reported by Fastmarkets with reference to the... Read more
