Metallurgy news

• Chinese Ansteel will officially take over Bengang Ansteel Iron & Steel Group (Ansteel), a leading Chinese steel producer based in Liaoning province in northeast China, intends to formally acquire Bengang Group (Bengang), another state-owned plant in the province, following procedures by which Ansteel gains a controlling 51% shares. promotions have... 24.08.2021  11:21

• Japanese steel production jumped 32.5% in July Crude steel production in Japan surged 32.5% in July from a year earlier, rising for the fifth straight month as industry demand continued to recover from the coronavirus-driven downturn, the Japanese Iron and Steel Federation said Monday. Steel output from the world's third-largest unseasonably... 24.08.2021  11:08

• An art object made of Metinvest steel was opened in Cherkasy region The Heart of Ukraine art object, made of Metinvest steel, was opened in the Cherkasy region on August 23, on the eve of the 30th anniversary of the country's independence. The complex is located in the geographical center of Ukraine - the village of Maryanovka, Zvenigorod district. Until... 24.08.2021  00:00

• Iron ore price is recovering Iron ore prices rose after falling to an eight-month low last week, as concerns about the outlook for demand from China's leading steelmaker rose in the market. Once one of the hottest commodities in this year's commodity boom, the destruction of iron ore quickly made it one of the most... 23.08.2021  12:51

• Volvo buys fossil-free steel The Swedish steel producer SSAB Oxelösund has delivered the world's first non-fossilized steel products to its first customer, the Volvo Group. The product was manufactured in northern Sweden using Hybrit technology developed by SSAB in partnership with iron ore miner LKAB and utility ... 23.08.2021  12:36

• Interpipe announces new appointments in the top management of the Company Ukrainian industrial company INTERPIPE announces a number of new appointments in top management: Denis Morozov has been appointed Deputy General Director of INTERPIPE for strategic projects, responsible for strategy, investment activities, interaction with authorities, legal and communication... 21.08.2021  10:34

• Stocks of Chinese iron ore traders rise to high levels Iron ore inventories held by traders in 45 Chinese ports, according to a weekly survey by Mysteel, rose 383,000 tonnes per week in the second week to 70.4 million tonnes as of August 12, just slightly below the record 70.7 million. tons reached on July 22, the highest level. since Mysteel began... 20.08.2021  13:18

• Indian Tata Steel expands capacity Indian producer Tata Steel has commissioned a 500,000 tpa scrap metal recycling plant at Rohtak in Haryana state in northern India to improve the availability of raw materials and reduce dependence on imports. The steelmaker has also released two grades of scrap metal to the market, which will... 20.08.2021  13:14

• US market outlook due to Section 232 steel tariffs mixed Traders in the US steel market also discussed the results of a possible resolution of the dispute between the EU and the US. “I'm not sure the EU's Section 232 exclusion will have an immediate impact,” said a US trader. "Everyone is talking about November 1 as the date of a potential decision, bu... 20.08.2021  13:07

• Carbon steel sales in Japan rise in the first half of 2021 According to statistics from the Japan Iron and Steel Federation (JISF), sales of finished carbon steel products in Japan in the domestic and foreign markets amounted to 30.5 million tons in the first half of this year, an increase of 13.4% over the same period. period a year ago. In June alone,... 18.08.2021  10:29