Metallurgy news

• South American steel production up 2.1% The monthly production statistics published by the World Steel Association (worldsteel) point to a slight jump in South American steel production in May 2019. However, regional production remained lower during January-May 2019 compared to the corresponding five-month period in 2018. Steel... 28.06.2019  10:44

• Thomas & Adamson Helps Build Largest Movable Steel Structure for Chernobyl An Edinburgh-based construction firm detailed the vital monitoring work it is undertaking on the former Chernobyl nuclear power plant in northern Ukraine. Thomas & Adamson leads a global team to monitor the construction of a new safe confinement, declared the largest movable steel structure created... 27.06.2019  16:39

• US finished steel imports decreased by 18% in 5 months Based on final data, the American Iron and Steel Institute reported that the United States imported a total of 2,062,000 tonnes of steel in May 2019, including 1,853,000 tonnes of finished steel (up 38.2% and 9.3%, respectively). with April, respectively). final data). In the first five months of... 27.06.2019  16:34

• China may increase steel production Chinese steel futures were higher on Monday. Steel demand in China's manufacturing sectors has become "very strong," according to expert Darwin Toh of Singapore-based data analyst Tivlon Technologies. “Tivlon Technologies is also showing an upbeat outlook on steel companies' margins over the n... 26.06.2019  12:47

• North American steel production up 4.5% The American Iron and Steel Institute (AISI) released a weekly report on domestic steel production, showing capacity utilization as well as details on local production for the previous week. Domestic steel production reportedly totaled 1.873 million tonnes for the week ending June 22, 2019.... 26.06.2019  12:40

• Poor Steel Could Cause Building Collapse In Philippines: Experts Business Mirror reported that the recent surge in earthquakes that shook northwest Japan, southern China, the Flores region of Indonesia and several provinces of Mindanao has raised concerns among the Philippine steel industry authorities. The grave fears are that thousands of high-rise buildings... 26.06.2019  12:10

• Evraz is considering buying the French part Evraz PLC is interested in purchasing part of British Steel. The FT said: "The Russian metallurgical mining group, of which Chelsea football club owner Roman Abramovich is the largest shareholder, is specifically considering British Steel's business in France, which supplies rails for railway... 25.06.2019  11:17

• Fitch Affirms Tata Steel's 'BB' Rating Fitch Ratings has affirmed Tata Steel's Long-term Issuer Default Rating (IDR) at 'BB', keeping the outlook stable. Tata Steel UK Holdings' Long-term IDR is also affirmed at 'B' with a stable outlook. The agency said that all ratings have been removed from the rating observations in which they... 25.06.2019  11:13

• MMK supplies a record number of long products In May, the Magnitogorsk Iron and Steel Works shipped 181,070 tons of long products to consumers, which is a record indicator of monthly shipments of this type of product since the launch of the existing divisions. The previous record was 172,000 tonnes of long products shipped by MMK in July 2015.... 25.06.2019  11:09

• Ukrainian industry continues to grow In May 2019, industrial production increased by 1.6% against the same period last year. This was reported by the Ministry of Economic Development and Trade of Ukraine on its Facebook page. The following industries showed the best dynamics: production of chemicals + 6.7% metallurgical... 25.06.2019  11:08