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Photo – Turkiye’s Kardemir plans to invest $1.5 billion in the next five years
Turkiye’s Kardemir plans to invest $1.5 billion in the next five years

The company also intends to increase steel production from 2.5 to 3.5 million tons in the short term

Photo – Thyssenkrupp to start construction of DRI plant ahead of schedule
Thyssenkrupp to start construction of DRI plant ahead of schedule

The company received the relevant permission

Photo – Investments in the mining industry in Brazil will amount to $64.5 billion in 2024-2028
Investments in the mining industry in Brazil will amount to $64.5 billion in 2024-2028

The iron ore segment will account for $17 billion of the total amount

Photo – Tata Steel allows additional investments in Port Talbot steel mill
Tata Steel allows additional investments in Port Talbot steel mill

The company will also consider investing in direct iron recovery technology under certain conditions

Photo – Tosyali considers investment in flat products production in Saudi Arabia
Tosyali considers investment in flat products production in Saudi Arabia

The company will develop requirements for the complex for the production of 4 million tons of steel products per year

Photo – ArcelorMittal and the Italian government have not agreed on the future of Acciaierie d’Italia
ArcelorMittal and the Italian government have not agreed on the future of Acciaierie d’Italia

The steel corporation rejected the government's plan to acquire a controlling stake in ADI

Photo – India is working on the second phase of the incentive scheme for the steel industry
India is working on the second phase of the incentive scheme for the steel industry

The government is looking to give steel producers an extra push to build capacity

Photo – ArcelorMittal Kryvyi Rih plans to increase investments by almost 20% in 2024
ArcelorMittal Kryvyi Rih plans to increase investments by almost 20% in 2024

The capital investment budget for the current year was $130 million

Photo – India’s Essar invests $6.6 billion in energy and port projects in Gujarat
India’s Essar invests $6.6 billion in energy and port projects in Gujarat

The investment will include the development of a project for the production of green hydrogen

Photo – Germany’s METYCLE raised $5 million to expand scrap trading platform
Germany’s METYCLE raised $5 million to expand scrap trading platform

The company announced the successful closing of a seed funding round

Photo – Arvedi has confirmed an investment of more than €850 million for Acciai Speciali Terni
Arvedi has confirmed an investment of more than €850 million for Acciai Speciali Terni

The funds will be used for re-equipment of the enterprise

Photo – Fortescue approved investments of $750 million for three green projects
Fortescue approved investments of $750 million for three green projects

These are two hydrogen projects and a project in the field of green steel industry

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