Metallurgy news

• Hyundai Steel appoints former Posco CEO as President Hyundai Motor Group has hired former Posco CEO An Dong-il as president of R&D and technology development at Hyundai Steel, its steel subsidiary. The country's second largest steelmaker selects an executive from a competitor to Posco, Korea's largest steelmaker. Ahn previously served as... 18.02.2019  09:13

• Metals Companies Increase US Lobbying Spend The largest expenses were Nucor - $ 2.23 million, ArcelorMittal - $ 1.47 million and US Steel - $ 830 thousand. Metals companies sharply increased their federal lobbying spending last year to $ 12.18 million, up 20 percent from 2017 and 48 percent from 2016, according to the Center for... 17.02.2019  13:10

• Liberty Steel Steers project to transform the UK steel sector The new research project focuses on the production of waste-free iron and steel and smart steel processing. The Liberty Steel Group has announced that it will play a key role in a recently announced £ 35 million research network aimed at transforming the UK steel sector. The company will provide ... 17.02.2019  12:56

• Smog appears in Hebei steel province of China China's Hebei province, home to the country's largest steel cities, issued an orange-level pollution warning on Friday as a wave of smog is expected to sweep across the region. The orange alerts, the second-largest after red in China's four-tier pollution alert system, require industrial... 16.02.2019  13:09

• Results of production of MMC of Ukraine in January 2019 The enterprises of the mining and metallurgical sector in January 2019 produced: - pig iron - 1.79 million tons (98% relative to December 2018 and 90% relative to January 2018); - steel - 1.85 million tons (98% and 95%, respectively); - rolled stock - 1.61 million tons (106% and 95%,... 16.02.2019  11:14

• In the structure of exports of Donetsk region 82% ferrous metals Italy is in first place in terms of export destinations from the Donetsk region, the Russian Federation is in second, and the United States is in third. In the commodity structure of exports of Donetsk region in 2018, 81.6% accounted for ferrous metals. As reported on Friday in Main Department of... 15.02.2019  09:51

• Impact of Tampa Tariffs Discussed at US Steel Conferences Market participants in Steel announced their benefits and challenges with the US Section 232 tariffs in panel discussions Wednesday at Tampa Steel's 30th Annual Conference. “The steel trade administration’s policy is working,” said Philip Bell, president of the Steel Producers Association. Bell a... 14.02.2019  09:16

• Iron ore futures in China rise amid speculation in the market Iron ore futures in China fell for a second straight session on Wednesday, as the market expected clarity on the extent of the supply disruption following Vale SA's dam closure. Steel prices also fell, with the most active rebar contract ending on day two, as concerns over weak demand in China... 14.02.2019  09:09

• EU significantly reduced quotas for the supply of valves to Turkey Turkish rebar exports to the EU could be cut by 60% as a result of protective quotas, according to Namik Ekinci, chairman of Turkey's Steel Federation. Turkish factories have reduced the utilization of their valve production facilities due to reduced demand in the Middle East and the United... 14.02.2019  08:59

• Vale iron ore mine disaster negatively impacts Chinese factories Chinese steel mills may be forced to change their way of working as a result of reduced availability of higher grades of iron ore following the collapse of a dam at a mine owned by Brazil's Vale. The exact implications for the supply of iron ore and China's huge steel sector from the Corrego do... 13.02.2019  18:13