Metallurgy news
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Tata Steel decides to sell assets in Southeast Asia to the HeSteel groupSteel giant Tata Steel has announced its decision to sell its southeast Asian steel assets under NatSteel Asia to the Chinese HeSteel group. Reports show that the company is already in talks with a Chinese firm to sell assets in three countries - Singapore, Thailand and Vietnam. It is not clear if…
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ArcelorMittal Kryvyi Rih's investments grew to $ 443 million in a yearArcelorMittal Kryvyi Rih has summed up the results of the implementation of its investment program for 2018. Compared to 2017, capital and operating expenses increased by almost a third - from $ 337 to $ 443.4 million. Of these, $ 348.8 million are capital investments, and $ 94.6 million are…
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Metals sector will remain robust in 2019Steel demand will remain stable in 2019 amid increased investment in infrastructure amid continuing concerns that the impact of trade tensions on the world's largest steelmaker could shake the global market. “We are confident in China's steel industry given its huge market potential and the…
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India Steel Export StrategyTraditionally, Indian steelmakers export their products when or when it is difficult to sell more on the domestic market, or when the foreign market offers relatively higher sales. In the first case, it is known as an exportable surplus, and there is no conscious effort to create a permanent…
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US audits steel importers for regulatory complianceCustoms conducts regular import checks on all goods to establish import compliance levels. Compliance Measurement develops statistics for both “Letter of the Law” (LOL) and “Major Trade Discrepancies” (MTD) statistics. They cover a wide range of topics including classification, cost, labeling…
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China to focus on improving the structure of steel productionIn 2019, China's steel industry will shift its focus to optimizing capacity structure, including products, location and ownership in 2019, rather than reducing overall capacity, the head of the country's metallurgy association said on Monday. China is entering the fourth year of its supply chain…
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Converting steelmaking gases to chemicalsThe German steel mill Thyssenkrupp has produced ammonia from steel gases and hails this breakthrough as another milestone in the Carbon2Chem project, which is funded by the Federal Ministry of Education and Research (BMBF). According to Thyssenkrupp, its latest news shows for the first time in the…
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"Zaporozhgneupor" completed the repair of the blast furnace significantly ahead of scheduleSpecialists of the service center (Mariupol) "Zaporozhgneupor" carried out routine repairs of blast furnace No. 2 of PJSC "Azovstal" in a short time. All the planned repairs were completed within 10 days with a standard of 14 days. The main task during the renovation of the blast furnace was the…
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European Tata Steel named "Factory of the Future"Outstanding production facilities in metallurgy are named and identified as leaders in the technologies of the "fourth industrial revolution". Tata Steel's steel plant in Ijmeiden, The Netherlands is one of them. IJmuiden uses advanced analytics to optimize the use of raw materials and increase…
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Dneprospetsstal: production results in December 2018In December 2018, at PrJSC Electrometallurgical Plant DNEPROSPETSSTAL named after I. A.N. Kuzmin ”commissioned 18 165 tons of steel, which is 3.1% less than last month. During the same period, the Company produced 11,888 tons of rolled metal, which is 3.5% less than in November 2018. The total cost…
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