Metallurgy news

• New steel processing plant opened in Cambodia A new steel plant, built with a $ 17 million investment, has begun operations in Kampong Speu province in Cambodia. The new plant, called Hong De Sheng (Cambodia), uses recycled steel and scrap steel as raw materials and has a total processing capacity of 500,000 tons per year. The steel produced... 06.01.2021  13:08

• Steel prices in China in January may fall due to fundamental factors Domestic steel prices in China may decline in January after sustaining gains they have achieved over the past eight months, especially as stocks of finished steel may rise in the weeks leading up to Chinese New Year holidays on February 11, shared his short-term development outlook market Wang... 06.01.2021  12:55

• ArcelorMittal Poland and Moris want to join forces ArcelorMittal Poland plans to create a joint venture with Moris based in Chorzów. According to UOKiK, the planned merger concerns the creation of a limited liability joint venture by ArcelorMittal Poland, headquartered in Dбbrowa Górnicza, and Moris, headquartered in Chorzów. The purpose of the joi... 06.01.2021  12:38

• Japan's Metallurgy Towards Zero Carbon As part of this ambitious policy, the Japanese steel industry will boldly tackle the goal of achieving zero carbon emissions, said President of the Iron and Steel Federation (JISF) Hashimoto. To achieve carbon neutrality by 2050, will maintain and strengthen the international competitiveness of... 05.01.2021  11:45

• China should cut steel production in 2021 China's sprawling steel industry is expected to produce less raw steel in 2021 than this year's record. The world's largest steelmaker is set to produce more than 1 billion tonnes of crude steel for the first time in 2020, and a government consultancy recently estimated that production will grow... 04.01.2021  12:27

• Russian TMK received an international certificate Russian pipe manufacturer TMK announced that it has received an international certificate from Lloyd's Register Quality Assurance (LRQA). The certificate is issued for three years and has further expanded to supervise premium products in oil and gas fields. In the future, TMK Oilfield Services... 04.01.2021  11:48

• Steel production in CIS countries increased The monthly production data released by the World Steel Association (worldsteel) indicates a marked increase in crude steel production in the Commonwealth of Independent States (CIS) region in November this year. Production in the region increased by 7.0% over the previous year. Smelting was 8.243... 02.01.2021  11:48

• Russia will introduce export duty on steel and scrap metal The Federal Antimonopoly Service of Russia FAS proposes to impose duties on all exports of steel products, and not just scrap ferrous metals, as was adopted by the Ministry of Economic Development in early December. FAS responds to the request of the Deputy Prime Minister for Construction and... 30.12.2020  13:07

• Great Britain and Turkey will cooperate in metallurgy The UK is about to sign a trade agreement with Turkey aimed at ensuring duty-free flow of goods and protecting vital supply chains between the UK and Turkey in the automotive, manufacturing and steel industries, sources close to the UK's Department of International Trade said. According to... 29.12.2020  12:49

• Steel output in African countries fell in November Crude steel production in Africa recorded a modest decline throughout November this year, mainly due to a decline in production in South Africa, one of the main steel producing countries in the region. However, in Egypt and Libya, production increased over the previous year. Total production in the... 29.12.2020  12:46