Metallurgy news

• Metinvest attracts Polish metal products for distribution in Ukraine Metinvest's trading division, Metinvest-SMC, delivered to Ukraine a steel angle made in Poland. Previously, these products were produced at the destroyed Azovstal plant in Mariupol. Products imported from Poland comply with international standards PN-EN10056-2 PN-EN10025-1 PN-EN10025-2. Corners... 04.05.2023  11:13

• China takes steps to boost steel industry consolidation According to the official Weibo news of the China Iron and Steel Industry Association, on April 26, CISA held an information conference for the first quarter of 2023 in Beijing to introduce the work of the steel industry. At the meeting, CISA said that China will actively promote the joint... 02.05.2023  11:57

• Revised rules for the transport of scrap metal in the EU The revised European regulation on the transport of ferrous scrap metal will come into force in 2024, according to Secretary General of the European Confederation of Recycling Industries Emmanuel Katrakis, and this will impose stricter obligations on EU scrap metal exporters. The Council of the... 02.05.2023  11:09

• Europe-Ukraine Conference on Metallurgy and Raw Materials: Recovery of Ukrainian metallurgy in the hands of green technologies Ukrainian production of crude steel in 2022 was only one third of the results of 2021, while exports fell by a factor of three. Speaking about the prospects, experts believe that recovery can be achieved even before the end of hostilities. Necessary steps include the development of existing and the... 28.04.2023  14:43

• Turkish steel industry plans to focus on developments for transition to a green economy At the EUROMETAL Steel Day & YISAD Flat Steel Conference held at the Marriott Asia Hotel in Istanbul on Thursday, April 27, Turkey's central bank senior official Ömer Kayhan Seyhun briefed attendees on the EU Carbon Border Adjustment Mechanism (CBAM) and its possible impact on exports ... 28.04.2023  14:35

• Layoff plan approved for ArcelorMittal subsidiary in Spain An application for temporary layoffs at ArcelorMittal's Spanish subsidiary due to force majeure following a fire at a copper smelter in Gijón in March was approved by Spanish labor authorities, the company said on April 19. The details of the plan, which was proposed on March 24, were not ... 25.04.2023  11:08

• Liberty Steel plant in Ostrava delays payments to energy supplier The European steel market is “challenging,” a spokesman for Liberty Steel Group told Argus when asked if the Ostrava plant was behind on payments to suppliers. Liberty said that despite the difficulties, it "worked proactively with suppliers and customers to ensure" that Ostrava's operations wer... 25.04.2023  10:28

• EU extends stainless steel tariffs for China and Taiwan The European Commission said on Friday it had extended anti-dumping tariffs on stainless steel fittings from China and Taiwan for five years and extended them to Malaysia. A review of the measures by the Commission concluded that the removal of tariffs would result in ongoing dumping in the... 21.04.2023  11:59

• East and Southeast Asia to drive recovery in steel demand According to Worldsteel's latest short-term forecast, global steel demand will start to recover in 2023 after falling 3.2% in 2022. East and Southeast Asia will provide the bulk of demand growth in 2023, offsetting weakness in Europe and the US. China's steel demand is expected to grow by 2% to... 21.04.2023  11:58

• The Supreme Court recognized Ferrexpo as the legal owner of a 40% stake in Poltava GOK The Grand Chamber of the Supreme Court (SC SC) of Ukraine at a meeting on Wednesday, April 19, canceled the decision of the Northern Economic Court of Appeal to invalidate the 2002 agreement on the sale and purchase of 40.19% of the shares of the Poltava Mining and Processing Plant (PGOK) to four... 20.04.2023  14:19