Metallurgy news

• ArcelorMittal invests in a new sustainable development program in Europe ArcelorMittal announced plans to roll out a new sustainability program across Europe to ensure ResponsibleSteel certification for all of its ArcelorMittal Europe Flat Products sites. The 12-month program will enable each business to prove that our manufacturing processes meet strictly defined... 27.11.2019  12:20

• German steel production fell in October According to the German Steel Federation (WV Stahl), German steel production in October was about 3.3 million tonnes, down 6.8% from the same month last year. The decrease was due to a decrease in the volume of orders. Among them, production in blast furnaces fell 9% year on year to 2.2 million... 27.11.2019  12:16

• Posco plans to expand a joint venture in Indonesia South Korean Posco is expected to increase its investment in Krakatau Steel following the signing of the Comprehensive Economic Partnership Agreement (CEPA) between South Korea and Indonesia. PT Krakatau Posco is a joint venture between Posco and PT Krakatau Steel. On Monday, the two countries... 27.11.2019  09:41

• EU suspects Chinese steel exporters of tariff evasion The European Commission (EC) has announced a new investigation into China's changing steel export grades to evade anti-dumping (AD) duties. These modifications included adding a thin oil coating to the products or increasing the carbon, aluminum and titanium content. The EU said Chinese... 27.11.2019  09:34

• DNEPROSPETSSTAL recertified duplex and stainless steel rods At the DNEPROSPETSSTAL plant, recertification of the production of hot-rolled and forged bars from duplex steel grade UNS S31803 (03Х22Н5АМ3) and stainless steel grades 316, 316L for compliance with the requirements of the NORSOK 650 standard was passed. resistance to aggressive environments and low... 26.11.2019  20:16

• Major steel companies made millions from the climate crisis The reductions in emissions by companies associated with the EU's quota trading system have been quite impressive, but recent progress has been made mainly in the energy sector. This makes the bloc's goal of achieving climate neutrality by 2050 - something that ThyssenKrupp and others have joined -... 26.11.2019  11:54

• China Steel cuts steel prices for the first quarter of next year China Steel Corp announced that it will cut steel prices by an average of 3.03 percent domestically in the first quarter of next year to boost market demand and help buyers close inventories. Steel sheet prices will be reduced by USD 38.47 per ton. The company will also cut prices for... 26.11.2019  11:31

• Israel buys Greek steel company Hellenic Steel Israeli Prime Minister Benjamin Netanyahu's cousin, Nathan Milikovsky, invested in the massive Greek steel conglomerate this year, while the prime minister pushed for a gas pipeline deal with Greece and Cyprus. According to the report, at the end of June, Milikovsky's company Jordan... 26.11.2019  11:07

• The second blast furnace was blown out at the Dnieper steel plant PJSC "DMK" will operate with two blast furnaces after the commissioning of BF No.9 after scheduled repairs and unscheduled downtime. Blast furnace No. 9 was launched at PJSC "Dneprovsky Metallurgical Plant" (DMK) on Monday, November 25. As reported at the enterprise, on November 24, the raw... 25.11.2019  12:43

• Severstal completes modernization of Izhora Pipe Plant In 2019, Severstal invested about 1 billion rubles in the modernization of the Izhora Pipe Plant for the production of electric-welded pipes with a diameter of 508 mm. At the Izhora Pipe Plant, the modernization of technological equipment was completed, including an edge banding press, an... 25.11.2019  12:39