Metallurgy news

• 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

• EUROFER: CBAM will keep the EU steel supply chain The European Parliament voted to implement a Carbon Boundary Adjustment Mechanism (CBAM). The European Association of Steel Producers (EUROFER) expected it to maintain the EU's steel supply chain. EUROFER said CBAM will work with existing carbon controls to reduce the pressure on products and... 17.03.2021  12:07

• SteelAsia's first steel girder plant to be operational by 2023 SteelAsia Manufacturing Corp., the largest rebar manufacturing plant in the Philippines, is expected to start operating a beam manufacturing plant in Lemeri, Batangas province by 2023. The design capacity of the new plant is 1 million tonnes per year, including I-beams and I-beams. , sheet... 17.03.2021  12:04

• US steel mills firmly control the market After a year of the worst downturn in the US steel industry, domestic mills have benefited from historically high finished steel prices, limited supply and record profits from scrap metal. US steel utilization was 77.4% last week, according to AISI. Before the outbreak of the pandemic, this... 17.03.2021  12:01

• The largest pipe manufacturer in the world acquires a competitor This will be the largest pipe market consolidation in history. Russian TMK takes over its domestic competitor, Chelyabinsk Pipe Rolling Plant, which accounts for 11% of steel pipe production in Russia. The main products are welded large diameter pipes (diameter 530-1220 mm), seamless large diameter... 17.03.2021  10:10

• EU considers expanding measures to protect metallurgy The European Commission (EC) has announced a possible expansion of safeguards applicable to the import of certain steel products, including some from Vietnam, according to the Vietnam Trade Funds Authority. On February 1, 2019, the EU introduced final protective measures for some steel products.... 16.03.2021  12:39