ESTAD 2023: Highlighting the Challenges and Opportunities for Steel Producers

18 Aug 2023, Industry 4.0, Energy, Technology

The Bigger Picture: Global Metals Market Trends and Outlook, 2023

15 Dec 2022, Artificial Intelligence, Technology, Sustainability, Energy

The metals industry has witnessed a rollercoaster year in 2022 with sudden increases and declines in prices and product demand. This was owing to several factors like inflation in the global economy, high-energy prices, increased interest rates, the US monetary tightening, China’s economic deceleration, the ripple effect of Russia’s invasion of Ukraine, supply chain constraint and low demand of metals products. These effects have continued towards the end of 2022. But what would the trend look like for the industry in 2023?

Sustainable Steel Production – Let’s Pick the Low-Hanging Fruits

01 Apr 2022, Industry 4.0, Production, Technology, Sustainability

Steel is a vital material for a modern, industrialized economy and the backbone of global sustainable initiatives. But the steel industry is also one of the world's most energy-intensive industries. Steelmakers are increasingly making decarbonization of production their global priority. But you don't even have to reach deep into the Industry 4.0 toolbox to discover low-hanging fruits that can be implemented quickly and cost-effectively to improve production efficiency and thus contribute to decarbonization.