Metallurgy news

• MMK strengthens its position in the Uzbek market In 2020, MMK supplied 415.6 thousand tons of metal products to the Republic of Uzbekistan, which is slightly less than the same indicator in 2019. The share of this largest Central Asian country amounted to 82% in the total volume of shipments to the countries of Central Asia, and 35% in the volume... 23.03.2021  09:25

• Metinvest acquires shares of ShSMU-1 and Ukrbud The parent company of the international vertically integrated mining and metallurgical group Metinvest is Metinvest B.V. (Netherlands), acquires shares of PJSC "Shakhtostroymontazhnoe management No. 1" (ShSMU-1, Lysovka village, Pokrovsky district, Donetsk region) and PJSC "Avtopredpriyatie (AP)"... 22.03.2021  10:55

• Severstal to increase production of rolled metal products for the automotive industry Severstal has implemented an innovative laser butt-welding machine at the continuous hot-dip galvanizing unit (ANGTs) in the rolling mill of the Cherepovets Steel Works. The installation allows welding of metal strips without exceeding the thickness of the strip in the joint zone while ensuring... 22.03.2021  10:49

• Several steel producers are interested in NINL Tata Steel, ArcelorMittal Nippon Steel India and ESL Steel from Vedanta may participate in a strategic divestiture from Neelachal Ispat Nigam Ltd. On January 8, the Cabinet of Ministers Committee on Economic Affairs made a decision in principle to withdraw the 93.71% stake in NINL. strategic buyer... 22.03.2021  10:35

• UK government develops plans to rescue Liberty Steel The British government is considering intervening and using public funds to sustain production, akin to the support provided by British Steel in 2019. In May 2019, British Steel was forcibly liquidated and transferred to the Official Beneficiary, an employee of the government agency, the Bankruptcy... 22.03.2021  10:27

• ArcelorMittal's new initiatives to reduce emissions ArcelorMittal announced the launch of its first three XCarb ™ initiatives as part of its goal of achieving zero emissions by 2050. These three initiatives include certifications for sustainable steel XCarb ™, recycled and renewable XCarb ™ and XCarb ™. innovation fund. The new brand will benef... 19.03.2021  11:11

• Ukrainian pipe producers reduced output of ferrous metal products The main pipe enterprises of Ukraine in the first two months of this year reduced the production of pipes from ferrous metals, according to operational data, by 10.3% compared to the same period last year - to 123.1 thousand tons. As reported in the Ukrtruboprom association, in particular, the... 19.03.2021  10:54

• NLMK expands its range of coated steel products Following the reconstruction of the Lipetsk mill last year, the company expanded its capacity to produce zinc-coated flat products. Thus, the company can now produce rolled galvanized steel with a thickness of up to 4 mm, a width of up to 1820 mm, with a yield point of up to 450 n /mm sq, with a... 18.03.2021  11:20

• Production of rolled metal in Ukraine in January-February 2021 In January-February 2021, Ukrainian metallurgical enterprises produced 3.15 million tons of rolled metal (100.3% compared to the same period in 2020), of which, according to V.S.K. GROUP, about 2,490,000 tons, or 79.2%, were exported. In the same period in 2020, the share of exports was about 84.7%... 18.03.2021  11:06

• Ferrexpo plans to increase production of pellets with 67% iron grade The British Ferrexpo plc, with assets in Ukraine, in particular, it owns the Poltava and Eristovsky mining and processing plants (PGOK, EGOK), intends to increase the production of pellets of direct reduction of iron (Direct Reduction - DR) with 67% iron in 2021 ... In 2020, the group increased its... 18.03.2021  10:30