Metallurgy news

• Metinvest unveils environmental modernization projects for Ilyich Steel Plant in Mariupol On December 14, independent experts, representatives of the city administration and local public organizations got acquainted with the progress of the ecological modernization of the sinter-blast furnace and converter production at the Ilyich Iron and Steel Works. As part of the reconstruction... 18.12.2017  14:35

• High quality ductile iron production is on the rise Ductile iron is a casting material with a very wide range of uses. This is due to a very large change in mechanical properties depending on the number and size of particles, as well as on the type of matrix. In recent years, the production of high quality cast iron has been growing all over the... 18.12.2017  11:25

• By 2020 ArcelorMittal will invest $ 1.5 billion in the former Kryvorizhstal The Ukrainian subdivision of the largest metallurgical company in the world PJSC "ArcelorMittal Kryvyi Rih" (Dnipropetrovsk region) intends to invest 1.5 billion US dollars in the renewal of production by 2020. To implement investment programs, it is planned to expand the base of suppliers and... 18.12.2017  11:21

• British officials expect to double the profitability of the steel sector The UK steel industry could increase its revenues by £ 3.8 billion a year by 2030, according to a government report that outlines opportunities to strengthen the sector and boost domestic steel demand. The report, which is part of the Islands' Industrial Strategy, states that in 2015 national ... 16.12.2017  10:43

• India will become the third largest automotive market in the world India's state-owned steel company SAIL will begin production of automotive steel in a $ 1 billion partnership with ArcelorMittal in three years. A senior government official said this would help reduce imports of high-quality steel as the country ramped up production of cars. The Steel Authority... 15.12.2017  20:09

• Austria restored gas transit after the accident The gas transmission operator of Australia Gas Connect Austria reports that after the elimination of the largest accident at the Baumgarten station, it has restored gas transit. An explosion occurred Tuesday morning at a gas hub in Baumgarten, Austria, followed by a massive fire. The cause of the... 13.12.2017  10:50

• Chinese metallurgists have significantly increased the profitability of production S&P Global Platts analysis and data show that global operating margins for steel mills look strong year-over-year as steel prices rose higher compared to iron ore, coking coal and scrap. In China, spreads between steel and prices for imported blast furnace raw materials remained close to... 13.12.2017  10:41

• Dneprospetsstal: production results in November 2017 In November 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmin ”delivered 20,153 tons of steel, which is 11.7% less than last month. During the same period, the Company produced 13,495 tons of rolled metal, which is 6.9% less than in October 2017. The total cost of c... 12.12.2017  14:45

• Metinvest will make early payment of Eurobonds Metinvest Holding announced that it is going to pay interest to holders of Eurobonds with maturity until December 31, 2021, $ 6 million 508,901 thousand of non-guaranteed income for the period from August 18 to September 18, 2017. According to the company's statement on the website of the Irish... 12.12.2017  11:02

• Steel price in China continues to rise The war on smog pushed Chinese steel prices to a nine-year high last week amid tighter supplies and unexpectedly healthy demand, especially in eastern and southern China. Chinese steel futures jumped on Monday after a three-day drop as production cuts at the world's largest producer deepened in... 12.12.2017  10:55