Metallurgy news

• ArcelorMittal Kryvyi Rih carries out repairs of buildings and structures This year ArcelorMittal Kryvyi Rih is launching a large-scale program for the repair of buildings and structures, which was adopted in 2017. The program is designed for three years - for 2018–2020. This year alone, UAH 265 million was allocated for these purposes. Next year, the company will f... 07.12.2018  13:47

• German union demands 6% wage increase for steelworkers German union IG Metall on Tuesday demanded a 6 percent wage increase for 72,000 employees in the steel industry in the northwest of the country. The influential branch of IG Metall in the western state of North Rhine-Westphalia (NRW) also requires an annual bonus of 1,800 euros, which workers can... 06.12.2018  13:29

• POSCO C&C completes construction of a galvanized steel plant POSCO C&C has completed the construction of a new plant capable of producing 400,000 tonnes of galvanized and coated steel sheets. The company is currently able to supply one million tons of galvanized steel sheets per year, as it has already provided the capacity to produce 600,000 tons of hot-dip... 06.12.2018  10:44

• Turkish factories may suspend production of valves According to the International Association of Exporters and Manufacturers of Fittings (Irepas), Turkish factories may suspend production in the coming months due to reduced export opportunities and the "... disappearance" of domestic consumption. The US Congress is not going to vote for a new... 06.12.2018  09:59

• US coal consumption in 2018 will be the lowest in 39 years The EIA expects total U.S. coal consumption in 2018 to fall to 691 million tonnes (MMst), down 4% from 2017 and the lowest level since 1979. US coal consumption has been declining since its peak in 2007, and the EIA predicts that coal consumption in 2018 will be 44% lower than in 2007, mainly... 05.12.2018  10:27

• Prospects for China's Metallurgy China's steelmakers face their biggest test in three years as gloomy outlook for demand drives prices down and lowers margins. The world's largest steel market is cooling as the country's economy fluctuates amid internal pressures and the risk of a trade conflict with the United States... 05.12.2018  10:16

• UK steel sector hit by electricity costs and Brexit British steelmakers pay twice as much for electricity as their French competitors and 50 percent more than their German competitors, according to an industry report. The pressure on the sector is mounting as the UK prepares to leave the European Union. A report produced by the UK Steel industry... 05.12.2018  09:52

• AISI Welcomes Signing of New USMCA Trade Agreement AISI praised the hard work on the part of the US administration to reach a new trade agreement. The American Iron and Steel Institute (AISI) issued a statement in response to the formal signing of the United States of America, Mexico and Canada Agreement (USMCA). The official signing of the... 04.12.2018  11:29

• World steel production from the beginning of the year to October grew by 4.7% Total steel production in 64 worldsteel countries closed at a significantly higher level in the first ten months of 2018 compared to the previous year. Production during this period increased by 4.7% compared to the previous year and amounted to 1.502 billion tons. This is compared to production of... 04.12.2018  11:19

• Production results of metallurgists of Ukraine for November and 11 months of 2018 In November 2018, metallurgical enterprises of Ukraine produced: • 1.695 million tonnes of pig iron, which is 5% lower than in October 2018; • 1.74 million tonnes of steel, down 2%; • 1.47 million tonnes of rolled products, down 4%. During 11 months of 2018, it was produced: • 18.78 milli... 04.12.2018  10:46