Metallurgy news

• 247TailorSteel opens new plant in the Netherlands The 247TailorSteel service center group has further expanded in the Netherlands with the opening of a second manufacturing facility last week. The 40,000 m² plant in Oud-Gastel, near Roosendal, is the company's largest plant. It was equipped with five laser cutting machines, four bending ... 26.06.2023  10:08

• Worldsteel: global production of crude steel fell in May According to statistics from the World Steel Association (worldsteel), global crude steel production in May was 161.6 million tonnes, down 0.2% from the previous month and down 5% from last year. Among them, Asia's crude steel production reached nearly 120 million tons, down 6% from last year,... 24.06.2023  10:29

• India ranks first in the supply of rolled metal products to the EU According to statistics, imports of hot-rolled coil (HRC) to the EU in April amounted to about 837,000 tons, up 47% on the previous month, but down 5.4% on the same period last year. The increase on a monthly basis was mainly due to higher demand for restocking from December last year to February... 21.06.2023  10:53

• ArcelorMittal and John Cockerill to build the world's first iron electrolysis plant ArcelorMittal, the world's leading steelmaker based in Luxembourg, has announced a partnership with John Cockerill, a Belgian engineering company, to build the world's first industrial low-temperature iron electrolyser. Volteron™ plant scheduled to start up in 2027 In the first phase, the V... 17.06.2023  12:43

• UK removes duties on stainless steel in India According to a legal notice dated June 15, 2023, the UK government has accepted the recommendation of the Legal Remedies Authority (TRA) to lift countervailing measures against imports of stainless steel bars and bars from India, stating that subsidized imports will continue. if the countervailing... 17.06.2023  12:40

• thyssenkrupp to supply sustainable steel for Knauf Interfer Duisburg-based Knauf Interfer said it had signed a Memorandum of Understanding (MoU) with steelmaker thyssenkrupp regarding the procurement of green steel. Under the agreement, from this year thyssenkrupp will supply CO2-reduced steel using specially treated scrap under thyssenkrupp's bluemint® ... 17.06.2023  12:37

• Construction steel prices in China to rise in June According to Mysteel's latest monthly report, Chinese construction steel prices, including rebar and wire rod, could bottom out before recovering in June. The recovery in prices will be driven by stronger production costs and hopes that the central government will introduce new stimulus policies to... 06.06.2023  12:28

• Metinvest is considering the possibility of supplying DRI to Europe Metinvest believes that the supply of direct reduced iron is a new opportunity for the steel sector in Ukraine, given the development of the green steel market in Europe, says CEO Yuriy Ryzhenkov. “The fact that Metinvest can produce direct recovery products and can increase their volumes opens u... 06.06.2023  12:08

• Great Britain extended the exemption of Ukraine from tariffs on hot-rolled steel The UK government has decided to extend the suspension of trade dispute resolution measures regarding imports of hot-rolled flat products and coils from Ukraine, according to the UK Remedy Authority (TRA). The suspension of anti-dumping measures against certain types of Ukrainian-made hot-rolled... 02.06.2023  10:25

• Biden focuses on US-EU steel trade US President Joe Biden highlighted the flourishing trade relationship between the US and the EU following negotiations on the world's first steel and aluminum products trade deal, negotiated during his first year in office. “We are working closely with international partners to create more r... 31.05.2023  11:29