Metallurgy news

• Vietnamese Formosa Ha Tinh Steel raised prices for June After China's Baosteel raised its hot rolled coil (HRC) prices by RMB 400 per tonne in May, Vietnamese company Formosa Ha Tinh Steel Corporation (FHS) sharply raised its hot rolled steel prices by $ 145 per tonne yesterday (April 12). and the price of wire rod was increased by US $ 84 per tonne for... 14.04.2021  09:46

• Export duties on Russian steel may limit production Maxim Reshetnikov, Russia's economic development minister, said the proposal to impose tariffs on Russian steel exports to curb price increases was not only unrealistic, but could lead to a shortage of certain types of steel products. In December, the Ministry of Development agreed to raise the... 14.04.2021  09:40

• Vietnamese company Formosa raises prices for rolled metal products against the backdrop of a rapidly growing market Vietnamese steelmaker Formosa Ha Tinh's recent monthly domestic hot coil prices reflect the sharp rise in market prices over the past month. On April 12, the Vietnamese mill announced a price increase of about $ 145 per tonne for June shipments, sources at Kallanish said. The new SAE 1006... 13.04.2021  11:21

• Steel Industry in India to Post Record 4Q Sales Growth Strong domestic demand, along with healthy exports, contributed to the consistent growth in production and sales of the steel industry in the fourth quarter of 2020-2021, analysts said. Steel companies are expected to increase their revenues by 20% qoq and 45-50% qoq, driven by higher sales and... 13.04.2021  11:18

• Chinese manufacturers Anshan and Bengang will become one after 16 years? China's ferrous metals are booming as, amid a surge in domestic steel prices since late March, Shenzhen-listed Angang Steel Co and Bengang Steel Plates Co are subsidiaries of two of Northeast China's largest steel mills. The uprisings were in response to renewed hope that Anshan Iron & Steel... 13.04.2021  11:09

• Tata Steel sets new record for steel production India's Tata Steel announced that its steel production in the fourth quarter of fiscal year 2020-21 (January to March 2021) was 4.75 million tonnes, a new record that also increased 3% over the previous quarter. Tata Steel also noted that in the last quarter of fiscal year 2020-21, total steel... 12.04.2021  11:49

• Rusal made record aluminum shipments to the USA in March Rusal, the world's second largest aluminum producer, reportedly said its US division has shipped more than 25,000 tonnes of aluminum for shipments to North America. Similar performance is forecast for the remainder of the year in the coming months and will hit an annual record for the... 12.04.2021  11:44

• Ferrexpo Q1 2021 production report Total iron ore pellet production was 2.7 million tonnes (“Mt”), which is in line with the year-on-year compared with the production of pellets in Q1 2020 and 12% below Q4 2020, reflecting ongoing modernization work. pellets. The modernization of one pellet line was completed in the 1st quarter of... 12.04.2021  11:35

• Dneprospetsstal: a metal born for flight April 12 marks 60 years since the first manned flight into space. In honor of this event, the World Day of Aviation and Astronautics is celebrated today. Dneprospetsstal is directly related to the conquest of outer space. OUR METAL IN SPACE The steel smelted by the Zaporozhye metallurgists... 12.04.2021  11:24

• Volvo and SSAB intend to produce stainless steel vehicles Truck maker Volvo AB said Thursday that it has signed a cooperation agreement with Swedish steel company SSAB AB to research, develop, mass produce and commercialize stainless steel vehicles. Volvo said it plans to start production of concept cars and components from SSAB-produced steel using... 09.04.2021  11:26