Metallurgy news

• US slab imports up in March According to preliminary data from the United States Department of Commerce (USDOC), the United States imported about 320,200 tons of slabs in March, an increase of almost 18% over the previous month and 1,443.4% over the same month of the year. ago. Among them, imports from Brazil accounted for... 29.04.2021  11:32

• China starts producing steel using hydrogen on an industrial scale Jialong Group launched an industrial scale direct reduction iron production plant with hydrogen. It is expected to produce 300,000 tons of steel per year. Chinese companies are building new, even larger direct reduction plants. The use of hydrogen allows you to bypass the sintering process and... 29.04.2021  10:55

• TMK and CheMK intend to create a joint venture for the production of flat stainless steel products The Pipe Metallurgical Company (TMK), a pipe manufacturer from Russia, announced the creation of a joint venture between Russian Stainless Company LLC (RNK) and the Chelyabinsk Electrometallurgical Plant (CheMK). It was also planned to implement the plan for the production of flat stainless steel... 28.04.2021  20:10

• Baosteel's profit grows significantly in the first quarter Baosteel, a subsidiary of the state-owned China Baowu Steel Group, said its profit reached 5.36 billion yuan in the first quarter of this year, an increase of 2.4 times over the same period last year. Revenue rose 39% year-on-year to 83.6 billion yuan, while basic earnings per share were 0.24... 27.04.2021  10:16

• The EU and the USA demand to maintain the positive trend in the rolled metal market Global demand for carbon steel may be supported by continued growth in Europe and the United States over the past month. However, new targets to cut CO2 emissions in China could slow steel production this year, while production is set to pick up elsewhere in Asia, French mining company Eramet said... 27.04.2021  10:10

• Steel industry hopes for strong growth in 2021 The disastrous year 2020, after creating one of the greatest problems of the century, has come to an end, and hopelessness has been reversed with a lot of positives. The feeling of well-being seems short-lived, however, as the second wave of the pandemic ravages parts of the country and threatens... 27.04.2021  10:07

• Japanese steel production drops to lowest level in 50 years Japan's crude steel production during fiscal 2020 (April 2020 - March 2021), including carbon and special steel, declined to a new low since fiscal 1969, down 15.9% from the same period last year to about 82.8 million tons, according to the latest figures from the Japan Iron & Steel Federation... 26.04.2021  09:52

• Global steel production up 10% in March 2021 World crude steel production by the 64 countries reporting to the World Steel Association (worldsteel) totaled 486.90 million tonnes (Mt) in the first three months of this year. This is a 10% increase over production for the corresponding three-month period in 2020. The largest regional steel... 26.04.2021  09:50

• Steel production in Italy increased According to the Italian Steel Association Federacciai, crude steel production in Italy in March this year was about 2.31 million tons, an increase of 11% over the previous month, and also a significant increase of 68.8% over the same month. ... a year ago. The increase from last year was due to... 26.04.2021  09:48

• Chinese steel mills take strict measures to reduce carbon emissions In line with China's environmental policy, China's steel industry has made great strides in environmental development, energy conservation and environmental protection. According to statistics from the China Metallurgical Association (CISA), in 2020, chemical oxygen demand fell 10.11% year on... 23.04.2021  10:25