Metallurgy news

• Chinese Baowu plans to acquire Shangang China Baowu Steel Group (Baowu), already the world's largest steel producer with an annual production of over 100 million tonnes of crude steel, has blocked the state-owned Shandong Iron & Steel Group (Shangang), a leading steel mill located in eastern China's Shandong province. Shandong Iron &... 19.07.2021  11:52

• Egypt ranked among the world's largest steel producers in 2020 The World Steel Association (Worldsteel) released a report stating that Egypt was ranked 20th among the world's largest steel producers in 2020. The report provides a comprehensive overview of the global steel industry, including facts on crude steel production, use and global trade... 16.07.2021  13:45

• World's first 3D printed steel bridge The first ever 3D printed steel bridge opens in Amsterdam, the Netherlands. It was created by a robotic arm using welding torches to layer the structure of the bridge and made from 4,500 kg of stainless steel. The 12-meter long MX3D bridge was built by four commercially available industrial... 16.07.2021  12:19

• MMK starts production in Turkey Metalurji, a subsidiary of the Russian MMK in Turkey, has started pilot production of hot rolled coils. The company has already invested about US $ 40 million in restarting production facilities. It is planned to produce about 2 million tons of hot-rolled coils per year after reaching 100%... 16.07.2021  12:13

• Severstal aims to reduce carbon emissions by 2030 According to the report, Russian steel producer Severstal has set a medium-term carbon footprint and expects carbon emissions per tonne of steel to decline by 10% by the end of 2030. They wanted to achieve the medium-term goal through plans such as technological transformation of production... 16.07.2021  12:11

• Vietnam freezes imports of Indian and Chinese rolled metal products This week, Vietnamese importers agreed to higher prices for re-rolling of hot rolled coils. Demand for rolled metal products has decreased due to isolation measures in Ho Chi Minh City to combat the pandemic. On the other hand, a cut in production in China will reduce Chinese supplies from the... 15.07.2021  11:50

• China will cut steel exports in 2021 Steel exports from China will fall this year due to government policies to reduce or maintain crude steel production at 2020 levels, said one executive at major producer Hebei Iron & Steel (Hesteel). Steel exports from the country are expected to decline in 2021 compared to last year, while... 15.07.2021  11:46

• EUROFER on effective protection against carbon leakage On July 14, the European Commission's “Fit for 55” package was released, which will revise the EU's climate and energy policies. The new policy aims to reduce carbon emissions by 55% from 1990 levels. Axel Eggert, CEO of EUROFER, commented on the new policy, according to which the European Com... 15.07.2021  11:44

• US court defends Trump hike in steel tariffs from Turkey The U.S. Court of Appeals for the Federal Circuit ruled on July 13 that former President Donald Trump was entitled to double the tariff on Turkish steel imports from 25% to 50% under section 232, thereby overturning a 2019 U.S. Court of International Trade decision that to such actions. The... 14.07.2021  09:47

• ArcelorMittal Sestao to become a zero CO2 plant ArcelorMittal's Spanish plant in Sestao will be the world's first steelmaker with zero CO2 emissions throughout the entire production process. This will be possible through the use of green hydrogen and electricity from renewable energy sources. The project is part of a memorandum of... 14.07.2021  09:44