The Organization for Economic Cooperation and Development acts as an advocate for the steel industry’s stakeholders. With current conditions requiring action from governments, understanding the OECD’s significance on the industry is highly valuable. Source: OECD 3-minute read Last week, several groups in the steel industry released a statement urging the Organization for Economic Cooperation and…

Nineteen steel-industry organizations released a statement calling to increase efforts to resolve the current global excess capacity in the steel sector. Source: AISI 2-minute read Earlier this week, nineteen steel-industry organizations from the Americas, Asia, Africa and Europe released a statement today calling for the governments of steelmaking economies to increase their efforts to resolve…

Xcel Energy, Lightsource BP and EVRAZ North America announce $250 million plan to develop 240M watts solar-powered facility in Pueblo, Colorado. Source: PowerMag 2-minute read Earlier this month, Xcel Energy announced an agreement with EVRAZ North America and Lighthouse BP to develop a solar power plant to provide power to EVRAZ Rocky Mountain Steel facility…

Global steel demand is projected to grow by 3.9% in 2019, and additional 1.7% in 2020, according to worldsteel’s short range outlook (SRO) report for October 2019. Source: worldsteel 3-minute read According to worldsteel, the global steel market remains resilient, despite the current economic climate. “The current SRO suggests that global steel demand will continue…