Washington - Despite 12 percent gains, U.S. Steel shares remain below the $55-per-share offer from Japan’s Nippon Steel, which has proposed a $14 billion takeover.

Washington - American Iron and Steel Institute (AISI) announced: U.S. steel mills shipped 7,083,141 net tons in September 2024, a 1.2 percent decrease compared to September 2023.

Brussels - October EUROMETAL Market Sentiment Survey compiled insights from 251 respondents.

Abu Dhabi - Project is the first of its kind in the Middle East and North Africa region and aims to reduce the carbon footprint.

London - The CBAM will apply a carbon price to imported goods in high-emissions sectors to ensure imported products face equivalent carbon costs as domestically produced goods.

Lucerne - Lindqvist formerly led initiatives in steel production innovation at SSAB, including efforts to achieve fossil-free manufacturing.

Stockholm - Recent report by Global Energy Monitor and the Leadership Group for Industry Transition, reveals challenges to the industry’s efforts to meet global climate targets by 2050.

Helsinki - The company’s adjusted EBITDA rose significantly, reaching €86 million, supported by solid performance in its European and Ferrochrome business units.

Scunthorpe - The trial involves pioneering technology developed by the University of Sheffield, aimed at capturing carbon emissions from the plant’s power station.

Brussels - EUROFER's latest Economic and Steel Market Outlook reveals that apparent steel consumption, initially projected to rise by 1.4% in 2024, is now anticipated to decline by 1.8%,

London - The substation will incorporate a 110 kV gas-insulated switchgear, three transformers with a capacity of 200 megavolt-amperes (MVA) each, and a 40 MVA transformer.