Metallurgy news

• Steel and chemical companies prepare for decarbonization Steel and chemical companies - two of the worst greenhouse gas emitters - say they have clean alternatives under development, but they need government policies that won't undermine their efforts. "Policy is very important," said Andreas Bode of BASF, the world's largest chemical company, "as... 10.08.2020  12:26

• US Steel posts net loss in Q2 2020 report The Pittsburgh-headquartered United Steel Corporation (US Steel) reported a net loss of $ 589 million, or $ 3.36 per share, during the second quarter of 2020. Adjusted net loss was $ 469 million, or $ 2.67 per share. This is compared to the second quarter of 2019, net income of $ 68 million, or $... 03.08.2020  12:36

• Global stainless steel production hits 4-year low Global stainless steel production is projected to reach 47.2 million tonnes per year in 2020. After four years of continuous growth, this would represent a drop of nearly 10 percent from last year. The slowdown is mainly due to the Covid-19 pandemic and measures taken by authorities around the... 03.08.2020  12:32

• Reconstruction of the sinter plant is nearing completion at the Illichivsk Metallurgical Combine Ilyich Iron and Steel Works in Mariupol is close to completing one of the largest environmental projects in the history of independent Ukraine - the reconstruction of an agglomeration plant. Italian specialists arrived on site to install the software and conduct cold and hot tests of the dust... 03.08.2020  12:13

• Steel production in Europe decreased by 19% in the first half of 2020 The top three steel producing countries in the region include Germany, Italy and France. European crude steel production reported a significant decline in June this year, which is largely in line with the drop in global steel production. According to the World Steel Association (worldsteel),... 31.07.2020  10:14

• Steel production in Asia declines significantly in the first half of the year All countries in the region, except China and Vietnam, recorded a decline in production. Crude steel production in the Asian countries represented by the World Steel Association (worldsteel) fell slightly this June by 2.3% compared to the same month a year earlier. The monthly production data... 31.07.2020  10:08

• NLMK confirms compliance with standards NLMK Group, which claims to be the largest steel producer in Russia and one of the most efficient in the world, has completed a subsequent audit of its management systems in the areas of environmental protection, occupational health and safety, and energy efficiency. In the face of the COVID-19... 30.07.2020  10:36

• Hyundai Steel announces second quarter results South Korea's second-largest steelmaker Hyundai Steel Co announced Tuesday that it reported 4.11 trillion won in consolidated sales for the second quarter, up 26.2 percent year on year. The company reported an operating profit of 14 billion won, down 94% from the previous year, but up from 29.7... 29.07.2020  11:51

• Worldsteel Lists Top Steel Producers For June This Year Production of crude steel by the countries of the world represented by the World Steel Association (Worldsteel) fell significantly in June this year. Monthly production data show that the output of the 64 countries that submitted data to the association fell significantly, by almost 7%, compared to... 29.07.2020  11:27

• ArcelorMittal Italy challenges Alessandro Banzato, President of the Italian steel federation Federacciai, said: “In Italy we have a peculiar situation with ArcelorMittal Italia, the largest Italian flat steel producer, which is currently operating at the lowest historical production rate. Thus, it will affect the total p... 29.07.2020  11:23