Steel Market update 2024

As of late 2024, the steel market is seeing mixed signals across different regions, primarily influenced by shifts in demand, supply chain issues, and geopolitical tensions. Here are some key points: In the United States, demand remains steady but has cooled compared to the post-pandemic surge, with the automotive and construction sectors facing softer demand.

Middle East Cement Market Analysis: Navigating Construction Growth, Supply Challenges, and Market Opportunities

The Middle East is renowned for its dynamic construction sector, reflecting a combination of population growth, urbanisation, and extensive infrastructure development. Central to this construction boom is the cement market, a critical element in the region’s ongoing economic transformation. In our latest market analysis, we analyse the Middle East market in-depth dissecting the intricacies of
Embracing Green Packaging A Constant Commitment to Sustainability

Embracing Green Packaging: A Constant Commitment to Sustainability

In a world where environmental consciousness is increasingly taking centre stage, businesses are recognising the need to shift their practices towards a more sustainable future. One of the crucial areas where this transformation is occurring is in packaging. Green packaging, or sustainable packaging, has become a constant commitment for companies aiming to reduce their environmental
Revolutionising Steel Industry The Unprecedented Role of Artificial Intelligence

Revolutionising Steel Industry: The Unprecedented Role of Artificial Intelligence

At its core, the marriage of Artificial Intelligence (AI) and steel production represents a symbiotic relationship where each entity enhances the other’s capabilities. AI technologies, particularly machine learning and predictive analytics, are providing steel manufacturers with the tools to optimize processes, predict maintenance needs, and even anticipate market demand with unprecedented accuracy. One of the
The steel industry faces serious challenges after Covid-19

The steel industry faces serious challenges after Covid-19

The COVID-19 pandemic had a significant impact on the steel market, affecting the entire supply chain from raw material production to finished goods. However, as the world begins to recover from the pandemic, the steel market is expected to bounce back and grow steadily. The pandemic caused a drop in steel demand as industrial production

Hydrogen Application in the Cement Industry: A Promising Pathway to Decarbonization

The cement industry is one of the largest emitters of carbon dioxide (CO2) globally, accounting for over 7% of total CO2 emissions. As countries aim to meet their climate goals under the Paris Agreement, there is growing pressure on industries to decarbonize. Hydrogen, with its zero-emissions profile, has emerged as a promising pathway for decarbonization

Trends and developments in the plastic food packaging market

Plastic food packaging is a multi-billion-dollar industry with significant growth in recent years. Its widespread use is due to the fact that plastic offers a range of advantages, such as being lightweight, durable, and easy to manufacture. However, concerns about the environmental impact of plastic packaging and its potential health risks are driving significant changes
Latest technological development in steel production

Latest technological development in steel production

The steel industry has been undergoing a rapid transformation in recent years, driven by the latest technological developments in steel production. These advancements are helping steel companies to optimize their production processes, improve efficiency, reduce waste, and enhance sustainability. In this article, we will explore some of the latest technological developments in steel production and
Fuel cell vehicles (FCVs) market is gaining traction

Fuel cell vehicles (FCVs) market is gaining traction

Fuel cell vehicles (FCVs) have gained increasing attention in recent years as a promising alternative to traditional internal combustion engine (ICE) vehicles. FCVs use hydrogen as fuel and produce electricity through a chemical reaction with oxygen in the air. This process produces only water vapour as a byproduct, making FCVs a clean and efficient alternative
CEMEX implements hydrogen technology in the Dominican Republic

CEMEX implements hydrogen technology in the Dominican Republic

CEMEX, S.A.B. de C.V. is implementing the first hydrogen technology project of its kind at its San Pedro De Macoris cement plant in the Dominican Republic. The company is pioneering hydrogen technology in the building materials industry as part of its Future in Action program designed to achieve carbon neutrality. The program seeks to achieve
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