Metallurgy news

• Stainless steel production in China rises due to supply shortages Stainless steel futures in China are up 5% this week as higher base nickel prices and limited supply boosted the price of metal used in vehicle and kitchenware. The most active March stainless steel contract on the Shanghai Futures Exchange rose to a daily growth limit of 14,725 yuan ($... 09.01.2021  11:21

• Bulgarian Alcomet commissioned a new rolling mill Alcomet AD, the only manufacturer of rolled metal and extruded aluminum in Bulgaria, announced that its modernized production line for the production of powder coated aluminum profiles has been put into operation at a cost of 1.4 million leva. The monthly production capacity of powder coated... 08.01.2021  12:41

• 4 workers killed at steel plant in Rourkele Steel Authority of India Limited (SAIL) reported yesterday (January 7) that its steel plant in Rourkele (RSP), located in the eastern state of Odisha, experienced a gas leak that killed four people. 4 workers worked for the maintenance contractor Star Construction. Several more workers were... 08.01.2021  12:36

• BMZ will supply the first batch of rolled metal products to Spain in 2021 Belarusian Metallurgical Plant The Belarusian Metallurgical Plant (BMZ) reported that for the first time in 2021 it exported rolled metal products to Spain, which is used in the automotive industry. BMZ began exporting structural steel to Spain last year, and at the beginning of this year also... 08.01.2021  12:29

• New steel processing plant opened in Cambodia A new steel plant, built with a $ 17 million investment, has begun operations in Kampong Speu province in Cambodia. The new plant, called Hong De Sheng (Cambodia), uses recycled steel and scrap steel as raw materials and has a total processing capacity of 500,000 tons per year. The steel produced... 06.01.2021  13:08

• Steel prices in China in January may fall due to fundamental factors Domestic steel prices in China may decline in January after sustaining gains they have achieved over the past eight months, especially as stocks of finished steel may rise in the weeks leading up to Chinese New Year holidays on February 11, shared his short-term development outlook market Wang... 06.01.2021  12:55

• ArcelorMittal Poland and Moris want to join forces ArcelorMittal Poland plans to create a joint venture with Moris based in Chorzów. According to UOKiK, the planned merger concerns the creation of a limited liability joint venture by ArcelorMittal Poland, headquartered in Dбbrowa Górnicza, and Moris, headquartered in Chorzów. The purpose of the joi... 06.01.2021  12:38

• Japan's Metallurgy Towards Zero Carbon As part of this ambitious policy, the Japanese steel industry will boldly tackle the goal of achieving zero carbon emissions, said President of the Iron and Steel Federation (JISF) Hashimoto. To achieve carbon neutrality by 2050, will maintain and strengthen the international competitiveness of... 05.01.2021  11:45

• China should cut steel production in 2021 China's sprawling steel industry is expected to produce less raw steel in 2021 than this year's record. The world's largest steelmaker is set to produce more than 1 billion tonnes of crude steel for the first time in 2020, and a government consultancy recently estimated that production will grow... 04.01.2021  12:27

• Russian TMK received an international certificate Russian pipe manufacturer TMK announced that it has received an international certificate from Lloyd's Register Quality Assurance (LRQA). The certificate is issued for three years and has further expanded to supervise premium products in oil and gas fields. In the future, TMK Oilfield Services... 04.01.2021  11:48