Metallurgy news
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Steel production and consumption increase in TurkeyThe Turkish Steel Producers Association (TCUD) in a report for January this year noted that Turkish finished product output rose 12.7% to 3.24 million tonnes over the same period last year. Turkey produced 2.04 million tonnes of long products, up 7.4% year-on-year. Sheet metal production rose 22.9%…
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Posco C&C Expands Coated Plate ProductionPOSCO Coated & Color Steel Co., Ltd (POSCO C & C), South Korea's third largest company, is slated to expand its production capacity starting in March this year, with an investment of US $ 34.2 million. Posco has three continuous galvanizing lines in operation and plans to add a fourth galvanizing…
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The most beautiful girl of the Ilyich plant was chosen as the operator of the heating station of the heat power shopAt the Mariupol Ilyich Iron and Steel Works (MMKI) the final of the Miss MMKI contest has come to an end. The most beautiful jury named Viktoria Tishchenko, the operator of the heating station of the heat power plant. During the award ceremony, there were touching moments - the winner's son could…
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Middle East dramatically increases steel productionAccording to the World Steel Association (WSA), steel production in the four major countries in the Middle East showed double-digit growth in January 2017 as regional steel production rebounded. The World Steel Association controls four countries in the Middle East, where crude steel production in…
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End of secret EU gas agreementsThe European Parliament has adopted rules regarding control over gas contracts and oil supplies between EU states and third countries. Prior to the entry into force of the new rules, EU countries are obliged to inform the EU about energy agreements with third countries after they are signed…
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Tata Steel begins production of ferrochromeTata Steel's recently commissioned ferrochrome plant in the Gopalpur industrial park in the Odisha area has reached a milestone in production. The company started a new ferrochrome production, which is carried out in compliance with all technical parameters. The plant has an installed capacity of…
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Steel prices rise in China amid strong demandSteel demand in China improved in March as construction work intensified amid warm weather, while steel mills in some northern regions were ordered by the government to cut production to reduce smog. Closing plans could push steel prices up. Reinforcing bars are the most demanded for construction…
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Global demand for gold jewelry has decreasedGlobal demand for gold for jewelry production fell by about 20 percent, according to the precious metals trade association last year. The trade association reported weak demand for gold in China, falling by at least 16 percent. At the same time, the gold market in Germany is stable. About half of…
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EU approves final duties on plates from ChinaThe European Commission has decided to impose final anti-dumping duties on plates from China, backing temporary duties introduced last fall. According to a study by the European Commission, the discharge rate is 120 - 127 percent. For European manufacturers, this means a significant decrease in…
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Zaporizhstal production results for FebruaryDuring February 2017, Zaporizhstal produced 254.3 thousand tons of pig iron, 293.3 thousand tons of steel, 247.1 thousand tons of rolled metal. The volume of production of pig iron in February of this year fell by 13.8 percent at an annual level. Steel production decreased by 9.2 percent for the…
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