Metallurgy news

• Hebei COVID-19 Cases Alarmed Steel Market Hebei, China's leading steelmaking province in northern China and now the new epicenter of the COVID-19 outbreak in China, is rapidly acting by limiting citizen mobility in its three cities - Shijianzhuang, Xingtai and Langfang, as well as local authorities rushed to conduct tests on exchanging a... 14.01.2021  12:10

• Steel prices hit record highs in Indian market Domestic steel prices hit an all-time high, putting more pressure on car and consumer durables as demand is beginning to recover from the pandemic. Hot rolled coil (HRC) prices - a key indicator of flat steel price trends - rose on average to their highest level of £ 58,000 per tonne, according ... 11.01.2021  10:18

• Green steel is costly for Europe S&P Global Platts analyzes low-emission steel production costs in Europe in 2020 to remain high based on high iron ore pellet prices and green hydrogen cost assumptions, while potential for natural gas-based direct reduced iron production will improve with lower gas prices. Last year, market... 11.01.2021  10:15

• China cuts Australia's metallurgical coal exports China has cut its metallurgical coal exports from Australia because Beijing's import restrictions have reduced supplies to China. China's unofficial ban on imports of Australian coal is likely to result in very low coking coal exports to China in December 2020. China accepted only 510,000 tons... 11.01.2021  10:09

• Hebei Ferrous Metals Market Prepares for New COVID Cases The rise in confirmed cases of coronavirus in northern China's Hebei province over the past few days has raised concerns among steelmakers, traders and raw material suppliers in the province, especially when local authorities quickly imposed restrictions on freight transport in parts. provinces,... 09.01.2021  11:45

• Tata Steel Announces New Initiative to Reduce Carbon Emissions India's leading steel producer Tata Steel has partnered with the CII Green Business Center and other stakeholders in the steel industry to develop a new GreenPro framework for steel bars. This is the first of its kind in the country and is expected to reduce the carbon footprint of the steel... 09.01.2021  11:38

• Stainless steel production in China rises due to supply shortages Stainless steel futures in China are up 5% this week as higher base nickel prices and limited supply boosted the price of metal used in vehicle and kitchenware. The most active March stainless steel contract on the Shanghai Futures Exchange rose to a daily growth limit of 14,725 yuan ($... 09.01.2021  11:21

• Bulgarian Alcomet commissioned a new rolling mill Alcomet AD, the only manufacturer of rolled metal and extruded aluminum in Bulgaria, announced that its modernized production line for the production of powder coated aluminum profiles has been put into operation at a cost of 1.4 million leva. The monthly production capacity of powder coated... 08.01.2021  12:41

• 4 workers killed at steel plant in Rourkele Steel Authority of India Limited (SAIL) reported yesterday (January 7) that its steel plant in Rourkele (RSP), located in the eastern state of Odisha, experienced a gas leak that killed four people. 4 workers worked for the maintenance contractor Star Construction. Several more workers were... 08.01.2021  12:36

• BMZ will supply the first batch of rolled metal products to Spain in 2021 Belarusian Metallurgical Plant The Belarusian Metallurgical Plant (BMZ) reported that for the first time in 2021 it exported rolled metal products to Spain, which is used in the automotive industry. BMZ began exporting structural steel to Spain last year, and at the beginning of this year also... 08.01.2021  12:29