Metallurgy news

• POSCO strengthens technical cooperation with Samsung Electronics South Korean company POSCO recently signed a three-year long-term contract for the first time to supply Samsung Electronics with cold-rolled steel and coated materials specifically for use in home appliances. In addition, Posco will also supply Samsung Electronics with its stainless and electrical... 09.05.2023  11:31

• Iranian metallurgy struggles with electricity and gas shortages Although the Islamic Republic has aspired to become the world's seventh largest steel producer, the data shows that it is struggling to maintain its place in the top ten. According to industry sources, Iran's steel production has plummeted as the regime faces severe shortages of electricity and... 09.05.2023  10:37

• ArcelorMittal Dunkirk to restart blast furnace in June The ArcelorMittal steel mill in Dunkirk is preparing to resume production at blast furnace #4 after a fire in March. After the refurbishment, production should resume in mid-June, with the ramp-up phase to last several weeks. The company previously announced plans to restore the operation of... 05.05.2023  11:17

• Metinvest attracts Polish metal products for distribution in Ukraine Metinvest's trading division, Metinvest-SMC, delivered to Ukraine a steel angle made in Poland. Previously, these products were produced at the destroyed Azovstal plant in Mariupol. Products imported from Poland comply with international standards PN-EN10056-2 PN-EN10025-1 PN-EN10025-2. Corners... 04.05.2023  11:13

• China takes steps to boost steel industry consolidation According to the official Weibo news of the China Iron and Steel Industry Association, on April 26, CISA held an information conference for the first quarter of 2023 in Beijing to introduce the work of the steel industry. At the meeting, CISA said that China will actively promote the joint... 02.05.2023  11:57

• Revised rules for the transport of scrap metal in the EU The revised European regulation on the transport of ferrous scrap metal will come into force in 2024, according to Secretary General of the European Confederation of Recycling Industries Emmanuel Katrakis, and this will impose stricter obligations on EU scrap metal exporters. The Council of the... 02.05.2023  11:09

• Europe-Ukraine Conference on Metallurgy and Raw Materials: Recovery of Ukrainian metallurgy in the hands of green technologies Ukrainian production of crude steel in 2022 was only one third of the results of 2021, while exports fell by a factor of three. Speaking about the prospects, experts believe that recovery can be achieved even before the end of hostilities. Necessary steps include the development of existing and the... 28.04.2023  14:43

• Turkish steel industry plans to focus on developments for transition to a green economy At the EUROMETAL Steel Day & YISAD Flat Steel Conference held at the Marriott Asia Hotel in Istanbul on Thursday, April 27, Turkey's central bank senior official Ömer Kayhan Seyhun briefed attendees on the EU Carbon Border Adjustment Mechanism (CBAM) and its possible impact on exports ... 28.04.2023  14:35

• Layoff plan approved for ArcelorMittal subsidiary in Spain An application for temporary layoffs at ArcelorMittal's Spanish subsidiary due to force majeure following a fire at a copper smelter in Gijón in March was approved by Spanish labor authorities, the company said on April 19. The details of the plan, which was proposed on March 24, were not ... 25.04.2023  11:08

• Liberty Steel plant in Ostrava delays payments to energy supplier The European steel market is “challenging,” a spokesman for Liberty Steel Group told Argus when asked if the Ostrava plant was behind on payments to suppliers. Liberty said that despite the difficulties, it "worked proactively with suppliers and customers to ensure" that Ostrava's operations wer... 25.04.2023  10:28