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
Lack of demand and competition caused slab prices to fall

Slab prices falter on weak demand

The war in Ukraine has continued, and the new international slab trading routes have become more established. Russian sellers re-directed their volumes to Turkey and Asia (especially China), offering high discounts to entice buyers. Meanwhile, European buyers have lost access to the Russian slab due to the sanctions, while the Ukrainian supply is hampered as
Trafigura plans green hydrogen plant at Port Pirie, Australia

Trafigura plans green hydrogen plant at Port Pirie, Australia

Trafigura Group (a leading physical commodity trading company), Nyrstar (a global multi-metals manufacturing business), and the State Government of South Australia will jointly develop a commercial-scale green hydrogen manufacturing facility at Port Pirie in Australia. Trafigura and the South Australian State Government will jointly invest AU$5 million in Front End Engineering Design study for the
Metso Outotec launches Circored process for hydrogen-based ironmaking

Metso Outotec launches Circored process for hydrogen-based ironmaking

Metso Outotec is introducing the next generation of its Circored process for direct reduction of iron ore fines using hydrogen.
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