Metallurgy news

• EUROFER welcomes long-term budget and EU recovery plan A special European Council will be held in Brussels on July 17-18 to discuss the EU's long-term budget and the next generation EU /EU recovery plan. The European Steel Association welcomes the Recovery Plan, but calls on leaders to take additional immediate action to ensure a fast and sustainable... 17.07.2020  12:11

• ArcelorMittal to restart blast furnace at Dunkirk steel mill in August ArcelorMittal is set to restart one of two temporarily shutdown blast furnaces at its Dunkirk plant in northern France in August, a spokesman for the world's largest steelmaker said on July 16. ArcelorMittal plans to restart blast furnace No. 3, which has a capacity of 3 million tonnes /year of... 17.07.2020  11:51

• JSW Steel USA Sends Layoff Notices to Mingo Junction Workers JSW Steel USA has sent out layoff notices to 160 workers at its Mingo Junction plant as the company plans to temporarily close due to the economic impact of the coronavirus pandemic. The notice of adjustment and retraining of workers was sent to announce the temporary cessation of production at the... 16.07.2020  12:32

• Production and consumption of rolled metal in Ukraine in the first half of 2020 During 6 months of 2020, Ukrainian metallurgical enterprises produced 9,030,000 tons of rolled metal (95.3% compared to the same period in 2019), of which about 7,430,000 tons, or 82.3%, were exported. In the same period of 2019, the share of exports was about 85.6% (8,110,000 tons with a total... 16.07.2020  12:25

• Production growth must match growing steel exports By all accounts, including the impact of the Covid-19 pandemic on the economic and social activities of countries around the world, one emerging opinion tells us that this experience of several months (5-7 months) is best considered as a sudden deviation from the secular growth trajectory. a kind... 16.07.2020  12:19

• China's steel exports hit 8-year low in June The latest statistics released by China's General Administration of Customs indicate a marked decline in steel exports in June this year. Monthly exports hit their lowest level in eight years. On the other hand, steel imports reached a 10-year high during the month. Monthly exports totaled 3.7... 15.07.2020  12:01

• MMK prepares metallurgical plants to meet demand for rolled metal The Russian steel mill MMK said on July 14 that it had begun to ramp up production again, seeing production declining 22% qoq and 24% yoy in April-June, when it suspended several facilities for modernization to take advantage of a quieter market. , The end of the second quarter was marked by an... 15.07.2020  11:58

• Moody's changes Tata Steel's outlook to negative Moody's Investors Service has affirmed the rating of Tata Steel Ltd., a family-owned company Baata. at Ba2 and revised its outlook to Negative from the pending ratings. At the same time, Moody's has affirmed B3 CFR of Tata Steel UK Holdings Limited, a wholly owned subsidiary of Tata Steel, and... 14.07.2020  12:25

• SMS Group completes modernization of a plant at ArcelorMittal Asturias SMS Group has successfully brought back into operation a 2-strand slab plant no. 2 at ArcelorMittal Asturias in Aviles, Spain, following the completion of a comprehensive refurbishment. Thanks to the update carried out by SMS group, the continuous caster can now produce slabs with a thickness of... 14.07.2020  12:19

• Toyota will buy critical rolled metal from China's Baowu Toyota Motor will buy some of its electrical sheet from China Baowu Steel Group, China's largest steel supplier, which may herald an era when Japanese steelmakers will be forced to compete in both price and quality. Steel sheet is a highly efficient product and an essential material for electric... 14.07.2020  12:15