Browsing Category
Iron and Steel
31 posts
Wealth Source; An Analysis of the Mining Sector in Russia: Opportunities, Challenges, and Future Outlook
Russia, endowed with rich mineral resources including iron ore, coal, bauxite, nickel, copper, and precious metals, holds a significant standing in the global market. The country is a major player in iron ore and nickel production, ranks first and second worldwide in palladium and gold production, respectively, and accounts for a substantial share of platinum-group…
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The mining sector; the lifeblood of economy of Australia
Australia’s mining sector plays a key role in the country’s economy and is considered a major driver of job creation, export growth and infrastructure development. The industry has established Australia’s status in the global raw materials supply chain due to its extensive linkages with other economic sectors and direct connection to global markets. Despite fluctuations…
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Poor, but rich; Development path if the Japan’s Metals Industry
Metals, as the most important pillars for advancing industrial activities in the world, have gained strategic importance. Meanwhile, a country like Japan, which has had a brilliant history in industrial development and progress in industrial production, has been deprived of reserves of base metals such as iron, aluminum, copper, zinc, lead, etc. The country’s various…
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Strategic need; Changing the trend of the steel industry affected by resource limitations
Steel is one of the metals that traces of its use can be seen in many aspects of today’s life. The importance of this strategic material is to such an extent that its production and consumption process is mentioned as one of the indicators of the development of societies. On the other hand, the world…
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Domino of risks; Impact of geopolitical risks and development on steel industry and market
Steel industry is of special importance in the economy, and its development can affect the future trends of business cycles. In recent years, world has witnessed several wide-ranging geopolitical risks, each of which has affected the global steel industry and market in some way. Start of military confrontations between Russia and Ukraine in 2022 caused…
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Turning point; Future development of steel industry influencing hydrogen market
Considering the trend of decarbonization of economic activities in the world, expanding use of green hydrogen instead of other carbon-based reducing agents in production of sponge iron is followed as a strategy for decarbonization of steel industry. Statistics show that about 5 million and 300 thousand tons of hydrogen are consumed in steel industry every…
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A new stream; Future directions of investment flow in steel and aluminum industry
The role that mining industries play in supply chains has made investment in this field of particular importance. In the meantime, in steel and aluminum industries, due to volume of production and wide range of demand, several projects have been implemented during the past years with tens of billions of dollars in capital expenditures. In…
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Production based on advantages; Leading role of the USA in mineral and metal industry market
The United States of America has appeared in development of some relatively powerful mineral industries, among which the steel industry can be mentioned. Since the beginning of the formation of steel industry in the United States of America, the amount of steel production in this country has gone through a steep path and has now…
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At the global level; Potentials and performance of mining sector in the USA
Exploration and mining activities in the United States of America turned to be more industrialized almost from 19th century onwards and have been followed on a large scale until today. Currently, this country is among the world leaders in terms of having some mineral reserves as well as mineral products. According to the presented statistics,…
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A strategic role; Reviewing the conditions of iron and steel industry in Spain
Iron and steel have been used in different parts of society for a long time. However, the expansion of use of machinery and industrial equipment in the last few decades has greatly increased the need for iron and steel and has caused many countries to be on the path of developing iron and steel industries.…
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