MEPS forecasts that global crude stainless steel production will reach 60 million tonnes, in 2023. Significant contributors to this growth will be steelmakers in China and Indonesia. While India is likely to remain the third largest stainless steel producing country next year, its output is predicted to surge by more than ten percent. The authorities […]
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 145.3 million tonnes (Mt) in January 2023, a 3.3% decrease compared to January 2022. The decline in production during Jan-2023 compared to the previous year was recorded in the following regions: Russia & other CIS + Ukraine produced (6.5 […]
Steel has been used in the mining industry for many generations as it has characteristics that make it ideal for mining environments. It can be easily fabricated; it is light in weight but also strong and durable; it is resistant to corrosion and doesn’t rust; it is easy to clean; and finally, it is a […]
According to data released by the South African Revenue Service, a total of 1 299 257 tonnes of primary carbon and alloy steel products (excluding semis, stainless steel and drawn wire) were imported during the twelve (12) months of 2022, a decrease of 5,1% compared with 1 369 792 tonnes imported during the corresponding period of […]
