De-carbonising the steel production process is, if you like, the holy grail for steelmakers globally and one company that is streets ahead in terms of developing a carbon-free steel manufacturing process is the Austrian company, Voestalpine. The Government of Upper Austria has now authorised the construction of the world’s largest pilot plant of its type […]
Category: News
Iron Ore & Steel Outlook
Iron ore is about steel production. According to the Department of Industry, it takes an average 1.4 tonnes of iron ore to produce one tonne of steel. Steel is used for a variety of industrial purposes but the biggest is construction, which accounts for 50% of demand. China is the elephant in the steel room. […]