December 2020

Brazil's Gerdau concludes acquisition of long steel producer Silat

Brazilian steelmaker Gerdau has concluded its acquisition of Siderúrgica Latino-Americana (Silat), a long steel producer located in the northeastern state of Ceará, after gaining approval from anti-trust regulator Cade, the company said on Tuesday December 1.

Mining industry needs correct culture to avoid ESG mistakes, ICMM execs says

The mining industry must apply the correct cultural mindset to its operating principles in order to avoid any repeat of tragic events such as the destruction of one of Australia’s oldest Aboriginal heritage sites, a director of the International Council On Mining And Metals (ICMM) has said.

Brazil's CSN applies flat steel price increases; second rise already set

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) is applying price increases to flat steel products with effect from Tuesday December 1, according to market sources.

Turkish flat steel exports down 4.73% year on year in October

Turkish flat steel exports fell by 4.73% year on year to 455,068 tonnes in October 2020, according to the latest data from the Turkish Statistical Institute (TUIK).