Metallurgy news

• Steel inventories of Chinese mills rose 5.7% over the week Inventories of five major finished steel products at 184 Chinese steel mills began to grow rapidly as demand from end-users declined further with the upcoming Chinese New Year holiday on February 11-17. The total inventories of the five main finished steel products, including rebar, wire rod,... 01.02.2021  10:12

• Swedish SSAB refuses to buy Dutch Tata Steel Swedish steelmaker SSAB has completed negotiations on a potential acquisition of Dutch steelmaker Tata Steel, said Friday, adding a new twist to the ongoing consolidation of the European steel sector. In November, SSAB announced that it was in talks to buy IJmuiden, prompting funding concerns from... 01.02.2021  10:09

• ArcelorMittal Kryvyi Rih put into operation a new locomobile ArcelorMittal Kryvyi Rih has started using the new Unimog shunting locomotive in the work of the railway workshop No. 3. The company allocated about UAH 15 million for the purchase of a multifunctional wheel-rail tractor produced by the German company ZAGRO based on Mercedes-Benz. He is able to... 30.01.2021  10:54

• The Dneprovsky Metallurgical Plant has started overhaul of the stove # 6 of blast furnace # 1M According to Vladislav Lazebny, deputy chief of the blast-furnace shop for engineering, the main task of repairing air heater No. 6 is to restore the refractory lining of the furnace combustion chamber by the method of semi-dry gunning. After dismantling the plugs, separating the valve and smoke... 29.01.2021  12:47

• In 2020, China produced 78% of the total volume of Asia Steel production statistics published by the World Steel Association (worldsteel) suggest an almost 1.6% increase in production in the Asian region in the previous year. Among the major regional producers, China showed production growth, while Japanese and Indian production declined compared to... 29.01.2021  11:01

• NLMK sues US Steel NLMK believes that it has a strong case against US Steel for blocking its Section 232 tariff exemption requests using false statements. NLMK's requests to exclude slabs were rejected under Section 232 after US Steel stated it was ready and willing to supply slabs to the domestic... 29.01.2021  10:56

• Australia's richest man calls for coal to be abandoned in metallurgy While Australia's richest man says his country needs to pursue green steel production from hydrogen and renewable energy, he is displeasing the coal-rich country. How realistic is it to get rid of metallurgical coal in energy-intensive steel production? This is possible if the cost of producing... 28.01.2021  16:21

• MMK Group operating results for the 4th quarter and 12 months of 2020 PJSC Magnitogorsk Iron and Steel Works (“MMK” or the “Group”) announces operating results for the 4th quarter and 12 months of 2020. Pig iron smelting increased by 6.0% qoq to 2,521 thousand tonnes on the back of increased demand for metal products and increased production. Steel production in... 27.01.2021  10:11

• Voestalpine reopens the second blast furnace Austrian steelmaker Voestalpine announced that its Donavitz plant has restarted a second blast furnace to meet current orders, which can produce approximately 750,000 tonnes of pig iron per year. Voestalpine said the Donawitz plant has a total production capacity of approximately 1.5 million... 27.01.2021  10:08

• China's stainless steel production exceeds 30 million tonnes in 2020 China's crude stainless steel production for the full year of 2020 exceeded 30 million tonnes, reaching 30.14 million tonnes for the first time in history, up 739,400 tonnes or 2.5% from last year, according to the latest data released by Stainless Steel. ... Council of China Association of Special... 27.01.2021  09:42