Malan Wu News Today

Steel is one of the most important – and most difficult – heavy industries to decarbonise. Four pioneering technologies are trying.

Prices set to end 2022 around $100/T, dip further in 2023.

Prices set to end 2022 around $100 a tonne, dip further in 2023.

Influential analyst forecasts how iron ore and steel supply chains could transform themselves as the global economy decarbonises

Decarbonising the steel and iron ore industry by 2050, in line with the Paris Climate Agreement, will require US$1.4 trillion of investment and revolution across every stage of the value chain. This presents an urgent challenge and enormous opportunity according to Wood Mackenzie’s latest Horizons research report, Pedal to the metal: Iron and steel’s $1.4 trillion shot at decarbonisation.

To stay in line with the Paris Climate Agreement, requires revolution across every stage of the value chain.

China’s army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world’s top manufacturer, heralding a potential warning sign for steel, aluminium and other key industrial commodities. Chinese buyers drove the global surge in metals prices from mid-2020 through end-2021 as they scoured the ...

Chinas army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the worlds top manufacturer, heralding a potential warning sign for

Steel industry’s carbon emissions is expected to fall 30% by 2050 compared to 2021 levels, according to a new report by Wood Mackenzie, a Verisk business (Nasdaq:VRSK). Steel is a challenging sector to decarbonise. However, evolving green steel goals are altering the supply landscape and steelmakers are under pressure from stakeholders to reduce their reliance ...

More mills are turning to less-polluting electric arc furnaces, the consultancy says. . Read more at straitstimes.com.