Metallurgy news

• Tata Steel reports 37% drop in steel production in India in April-June ata Steel announced that “Total production and sales in 1Q2011 were lower as the outbreak of COVID-19 and the resulting mobility restrictions have somewhat impacted manufacturing activity and consumer sentiment across all regions. In India, our upstream capacity utilization was adjusted to around 5... 10.07.2020  14:58

• Russian steel companies could benefit from exports Russia is one of the largest steel exporters in the world, delivering goods to a wide variety of destinations. However, steel demand in all regions has declined as COVID-19 hit the world and most steel producers around the world have struggled. Unlike steel mills in other regions, Russian... 10.07.2020  14:55

• European steel sheet exhibition EuroBLECH postponed to next year EuroBLECH, one of the most important biennial exhibitions in the European steel sheet industry, will be postponed until March 9-12, 2021 after major exhibitors have left the event. Organizer Mack Brooks Exhibitions said the virtual summit will take place October 27-30 to provide exhibitors with... 09.07.2020  11:59

• Steel production in Ukraine decreased in January-June Ukraine produced about 10 million tonnes of steel in the first half of 2020, reducing production by 7.6% compared to the same period last year. During the same period, Ukraine also produced 10 million tons of pig iron and 9 million tons of steel products, down 2.6% and 4.7% year on year,... 09.07.2020  11:51

• Sanzheev Gupta renews interest in metallurgical plant in Port Talbot Steel entrepreneur Sandjiev Gupta said he intends to acquire a metallurgical plant in Port Talbot if the business is put up for sale. In an interview with Moneycontrol, steel mogul Gupta, who is the executive chairman of the Liberty Steel Group, said he would consider an acquisition if Port Talbot... 08.07.2020  13:20

• Severstal ships 100,000 tonnes of iron ore pellets to a Brazilian company Karelsky Okatysh, a division of PJSC Severstal and a leading Russian iron ore mining and processing plant, has supplied iron ore pellets to Brazil for the first time in its history. More than 100,000 tonnes are supplied to Companhia Siderurgica Nacional, the largest fully integrated steel producer... 08.07.2020  13:12

• Tata Steel highlights potential for domestic steel market in India India-based Tata Steel spoke about the potential of the domestic steel market in India. By participating in the India Post-COVID-19 Series of Webinars hosted by IIM Indore and the Free Press Journal, T.V. Narendran, CEO and Managing Director, Tata Steel noted that India is currently a producer... 08.07.2020  13:09

• POSCO Delays Blast Furnace Launch Again South Korean steelmaker POSCO has again postponed the resumption date for its third blast furnace due to the global recession caused by the coronavirus pandemic. POSCO had planned to reopen the third blast furnace in Gwangyang at the end of May after repairs and maintenance, but it postponed the... 07.07.2020  09:40

• MMK integrates Lysva Metallurgical Plant into its corporate information system MMK Group has successfully completed the next stage of a large-scale project to transfer key Group organizations to a single corporate information system based on Oracle E-Business Suite. On July 1, 2020, MMK, together with Oracle, put into commercial operation the MMK-Lysva Metallurgical Plant.... 07.07.2020  09:35

• Metinvest will cooperate with BSTDB Metinvest announced that the Group is in the final stages of negotiations with the Black Sea Trade and Development Bank regarding a seven-year € 62 million credit line approved by the BSTDB Board of Directors. Metinvest plans to use the funds to implement the investment program and replenish w... 07.07.2020  09:32