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ℹ️ Latest steel industry news.

Turkey’s rebar exports decrease by 54.4 percent in January-June
3 percent year on year.Meanwhile, in the January-June period of this year, Turkey’s rebar exports amounted to 1.Turkey’s top 10 rebar export destinations in January-June 2023:Turkey’s main rebar export destinations on country basis in the January-June period this year are presented4 percent compared to the same period last year, while the revenue generated by these exports totaled $944.11 million, falling by 60.

🔗 Istanbul

🌎 International · 🗓️ August 10, 2023 · Steel

Rio Tinto to work together with Metso for low-carbon iron-making plant
The process uses raw biomass instead of metallurgical coal as a reductant and microwave energy to convert Pilbara iron ore to metallic iron in the steelmaking process.This reduction process, when coupled with DRI Smelting technology, has high potential to reduce the carbon footprint of the traditional blast furnace steelmaking route.A small-scale Rio Tinto pilot plant in Germany has proved the effectiveness of its low-carbon iron-making process using ores, as SteelOrbis previously reported.

🔗 Istanbul

🌎 International · 🗓️ August 10, 2023 · Steel

China’s iron ore imports up 6.9 percent in January-July
1 percent month on month.The demand for iron ore in China slackened in the latter half of July due to the negative impact on northern China caused by typhoons, which weakened iron ore prices and dragged down the import volume.In July alone, China imported 93.45 percent year on year, while decreasing by 2.476 million mt of iron ore, up 2.

🔗 Shanghai

🌎 International · 🗓️ August 10, 2023 · Steel

Canadian trade deficit widens to $3.7 billion in June
1 percent in June.5 percent in June.2 billion in June.2 percent.7 percent.

🔗 San Diego

🌎 International · 🗓️ August 09, 2023 · Steel

Japanese auto output up 20.1 percent in January-May
8 percent year on year.0 percent year on year to 2,057,881 units.4 percent year on year to 1,614,784 units.In the meantime, the country’s automobile exports in May amounted to 296,960 units, up by 43.Meanwhile, in the first five months, domestic automobile sales in Japan moved up by 17.

🔗 Istanbul

🌎 International · 🗓️ August 09, 2023 · Steel

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