Canadians, however, don’t seem too optimistic as news of Biden’s reported plans to cancel TC Energy’s (TSX, NYSE: TRP) Keystone XL pipeline permit via executive action has grabbed headlines over the past two days.
The American producer Nucor Steel awarded Danieli the order for a new billet welder and spooler line to be installed at Plymouth in Utah. Thanks to this upgrade the line will process 250,000 tpy of rebar from #3 to #8, in compact coils up to 5.5 tons.
GFG Alliance’s LIBERTY Steel Group has restarted the Huta Czestochowa electric arc furnace in another significant step in LIBERTY’s ambitious plans to revitalise the plant. The Huta’s EAF has been idled since October 2020 and to ensure the safety and effectiveness of the restart the plant’s team
Copper prices turned higher again on Wednesday on hopes stimulus in the US will further boost demand for the bellwether metal, already in short supply amid an Asian factory and construction boom and disruptions in top producing countries.
The Sandur Manganese & Iron Ores Limited announced that trials from Batteries 1 & 2 of the Coke Oven Plant commenced in January 2020, new 24 MVA Ferro Alloy furnace in February 2020, Batteries 3 & 4 of Coke Oven Plant from November 2020 and refurbished 20 MVA Ferro Alloy Furnace from 18 January 2021
Thyssenkrupp owned Italian stainless steel producer Acciai Speciali Terni announced that its slag processing project performed by Tapojarvi Italy entered the final stage as it was approved by the local authorities. The EUR 50 million projects allowing for the metallurgical slag reuse in road works
Taiwanese steel maker China Steel Corporation’s Taichung Taiwan based subsidiary Dragon Steel Corporation Ltd has granted SMS Concast the final acceptance certificate for the modernization of their six strand billet caster. The objective of the revamp was to improve the billet quality for the local
Bangkok Post reported that the Federation of Thai Industries Iron and Steel Industry Club said that Thailand’s domestic steel consumption is estimated to grow 5-8% in 2021, supported by the government's infrastructure investment projects. Steel Industry Club chairman Mr Nava Chantanasurakon