Metallurgy news
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SSAB modernizes cold rolling equipment at BorlangIn September 2014, the Swedish steelmaker SSAB entered into an agreement with the German company SMS SIEMAG to modernize its cold rolling mill at its Borlange site. The rolling mill, supplied by SMS, has been in operation since 1970, and the last reconstruction in 2004 was also carried out by the…
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Norilsk Nickel Announces ResultsNorilsk Nickel, Russia's largest nickel producer, reported that its nickel output in the third quarter of 2014 was about 71,000 tons, which is almost 17 percent higher than production in the second quarter of 2014. The increase in production volumes occurred after the completion of repair work at…
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Turkey's steel product exports rise 6 percentSteel exports increased by 6.1 percent in September 2014 compared to the previous year, according to statistics released by the Turkish Metallurgical Association. During the month, steel exports amounted to 1.45 million tons. The value of this export in monetary terms also increased by 5.2 percent…
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Prospects for the use of steel in EU construction activitiesGrowth in construction activity in the EU practically stalled in the second quarter of this year after a robust recovery in the first quarter, thanks to moderate weather conditions. Meanwhile, it is the construction sector that has become one of the main consumers of steel over the past three…
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Ore exports from Port Hedland set new record in OctoberIron ore exports from Port Hedland in Western Australia reached a new all-time high in October 2014. Shipments from the port totaled 37.5 million tonnes during the month, surpassing the previous record of 37.4 million tonnes reached in August this year. Exports of ore to India rose sharply this…
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POSCO introduces new hot rolling millSouth Korea's largest steelmaker POSCO has officially launched its new hot rolling mill at Gwangyang, South Jeolla. The company claims that the main facilities of the plant, including the furnaces, are designed and built using its own technology. The cooling system installed in the new furnace is…
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Alcoa modernizes aerospace manufacturingThe world's third largest aluminum producer has decided to invest $ 190 million to expand its aerospace manufacturing facility, Davenport, located in Iowa. The project will begin in 2015, with the first production orders slated for 2017. Alcoa recently signed its largest contract with aerospace…
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World stainless steel production to hit record high in 2014Global stainless steel production is projected to hit a record 41 million tonnes in 2014, an increase of 7.8 percent from the previous record set last year, according to MEPS International. According to the MEPS, in the largest steelmaking regions, the total stainless steel production in 2014 is…
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Brazil imposes import duties on seamless steel pipes from ChinaThe Chamber of Commerce, in coordination with the Brazilian Ministry of Industry and Foreign Trade, announced the final decision to impose an anti-dumping duty on seamless carbon steel pipes imported from China. Thus, the supplies of Chinese-made bronze pipe remained unaffected by the new…
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Steel mills in Japan increase exportsJapan's major steelmakers have been making higher profits recently as slower demand and inflated inventories have pushed them to sell more overseas, while exacerbating global glut and further price declines. Nippon Steel & Sumitomo Metal and JFE Holdings previously said they expect sales to pick up…
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