Metallurgy news

• Baosteel will raise flat steel prices in January Baosteel raised domestic sales prices for HR, CR and flat products in January by 400 yuan per ton, 500 yuan per ton and 300 yuan per ton, respectively. The increase in sales prices was driven by higher prices for iron ore and strong demand. Despite the recent high prices for iron ore, costs are... 15.12.2020  12:00

• Raw material prices in China rise amid falling steel prices Steel raw material prices, including iron ore, coke and scrap metal, are showing strong growth, recently soaring to their multi-year highs in China, ignoring the fall in domestic steel prices, and this could continue for the foreseeable future. according to sources in the Chinese market. Market... 14.12.2020  11:30

• Russian stainless steel market results for November 2020 According to statistics, in November this year, the volume of visible consumption of stainless steel in Russia increased by 6.3% compared to the same period a year ago. On an annualized basis, the supply of marketable products increased by 5.5%, while stocks decreased by 17.5%. Real consumption... 14.12.2020  11:26

• ArcelorMittal signs investment agreement with the Italian government At the end of December 10, ArcelorMittal announced that it had signed a legally binding agreement with Invitalia, the Italian investment promotion and enterprise development agency, to create a public-private partnership for Ilva's former steel mills. The investment agreement will lead to the... 14.12.2020  11:04

• In the converter shop of PJSC "DMK" they started overhaul of the casting crane No. 27 "Dneprovsky Metallurgical Plant", according to Mikhail Anosov, deputy head of the converter shop for engineering, has begun the first stage of repair work will be carried out on the electrical part, namely, to replace the construction of the resistance boxes, and also partially - the cable and wire... 11.12.2020  10:06

• LIBERTY Steel Group ensured environmentally friendly production of rails LIBERTY Steel Group, the French subsidiary of LIBERTY France and SNCF Reseau, have announced the safe and speedy approval of the installation of Europe's first GREENSTEEL rails on the French rail network. This significant step demonstrates SNCF Reseau's contribution to the creation of a green rail... 11.12.2020  10:01

• Ukraine ranked 14th in the world in terms of steel production According to the World Steel Association (worldsteel), in October 2020, crude steel production in Ukraine increased by 5.9% to 1.65 million tons, and its global rating fell from 13th to 14th place. The country with the largest steel production in the world in October was still China with 92.2... 10.12.2020  11:39

• Why is the level of utilization of metallurgical facilities falling? The increase in the number of secondary steel units, despite the fact that the production of the alloy remains at the same level, leads to a decrease in the capacity utilization in the global steel industry. This is despite the fact that the long-term scenario of steel demand remains... 10.12.2020  11:22

• Big River Steel launches second phase of its steel mill American steelmaker Big River Steel has successfully commissioned the second phase of its steel mill in Osceola, Arkansas, supplied by SMS group. Also for the expansion of the plant, which will increase the annual production capacity of the plant to approximately three million tons of steel, SMS... 10.12.2020  11:08

• Brazilian iron ore exports fell in November Brazilian iron ore exports stood at 29.20 million tonnes in November 2020, down 0.4% year on year and down 6.4% from 31, according to statistics from Brazil's Ministry of Development, Industry and Foreign Trade (MDIC). 20 million tons in October. ... From January to November, the main... 09.12.2020  12:02