Metallurgy news

• Turkish buyer British Steel plans to increase production at Scunthorpe plant Oyak, a Turkish military fund that has been selected as the preferred bidder for the purchase of British Steel's distressed assets, has announced that it is seeking to improve productivity in its mills, which in turn could result in the loss of several hundred jobs. According to the company, the... 21.08.2019  10:44

• Chinese firm invests in the construction of a metallurgical plant in Vietnam Chinese steel company Mintal Group Co. Ltd has expressed a desire to build a $ 2 billion Ferocrom stainless steel and non-ferrous metals plant in the Ngi Son economic zone in central Thanh Hoa province. This issue was discussed at a recent meeting of representatives of the Mintal group and the... 21.08.2019  10:27

• US Steel announces layoffs at Michigan plant Pittsburgh-based Steel Steel has announced a layoff at its Great Lakes steel mill in Michigan. The company has issued Worker Adjustment and Retraining Notices (WARN) to fewer than 200 employees at the plant. This follows from the company's decision to stop production at the plant. The layoffs at... 20.08.2019  12:32

• Workers' unions unite and communities welcome British Steel Development Unite, the largest union in the UK and Ireland, has welcomed the announcement that Turkish Armed Forces Fund Oyak has entered into negotiations with Ernst and Young's administrators to buy British Steel, which was forcibly liquidated in May. Harish Patel, National Steel Officer for Unite, said:... 20.08.2019  12:23

• Analysis: China's steel production growth in line with domestic real estate demand China's apparent steel consumption rose 8.9% year-on-year to 526.76 million tonnes in January-July and will be robust enough to cope with the rise in steel production this year, according to S&P Global Platts estimates. Consumption growth has been growing in tandem with the start of new real... 20.08.2019  12:07

• UK Steel Sector Indicators Remain Weak UK Steel has released performance data for the UK steel sector for 2018. Callanish notes that, especially with the recent British Steel developments, this is quite inconvenient for the domestic steel segment. Steel production in the UK last peaked in 1997, the same year New Labor won the... 15.08.2019  09:58

• Production results of the metallurgical sector of Ukraine in July and for 7 months of 2019 General performance indicators of MMC in July and for 7 months of 2019 In July 2019, it was produced: pig iron - 1,650,000 tons (108% relative to June 2019) steel - 1,780,000 tons (108%); rolled products - 1,510,000 tons (101%). For 7 months 2019 produced: iron ore concentrate -... 15.08.2019  09:47

• Steel production in China exceeded 85 million tonnes in July China's steel production in July 2019 rose 5% year-on-year to 85.22 million tonnes, according to data released by the Bureau of Statistics on August 14. Steel production in January-July 2019 increased by 9% yoy to 577.06 million tonnes. Steel production rose 9.6% YoY to 105.82 million tonnes in... 14.08.2019  10:58

• US steel production increased slightly The weekly U.S. steel output reported modest gains for the week ending August 10, 2019 over the previous year. This is in line with the latest weekly production statistics published by the American Iron and Steel Institute (AISI). In addition, production for the week decreased compared to the... 14.08.2019  10:54

• Steel plant in Rwanda closes due to harmful emissions The New Times Rwanda reported that the Rwandan Environmental Protection Agency has closed SteelRwa, an air pollution steel mill. Ms Coleta Rouhamia, CEO of REMA, told the Sunday Times that the Ruamagan plant emits harmful gases. Ms Rukhamya said the environmental authority had warned the factory... 13.08.2019  13:37