Metallurgy news
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Liberty's European division is headquartered in ViennaLiberty Steel has appointed Thomas Gangl as chief executive of its European division, effective July 1, and has chosen Vienna as the location for its European headquarters. Gangl is currently CEO and Chairman of the Board of the Vienna-based chemical company Borealis, and previously held various…
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The number of electric vehicles in Kazakhstan has increased ninefold over the yearElectric cars are becoming increasingly popular in Kazakhstan. The number of electric vehicles in the country increased ninefold in January compared to January last year, according to the Office of National Statistics. Globally, in just five years, from 2017 to 2022, sales of electric vehicles rose…
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Liberty Czestochowa is preparing to resume productionPolish plate manufacturer Liberty Czestochowa says it is preparing to resume production after a long "period of interruption." Plate mill workers returned to their jobs last week, and electric arc melt shop workers are expected to return next week once water supplies are restored. “There is still a…
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Ferrexpo faced restrictions on the corporate rights of Ukrainian subsidiariesIron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other corporate rights associated with shares to the company's subsidiaries in Ukraine. “It is understood that the restrictions are part of an ongoing series of legal proceedings against Konstantin Zhevago…
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Kazakhstan opened a national pavilion at a mining conference in TorontoMinister of Industry and Construction of Kazakhstan Kanat Sharlapaev took part in the opening of the national pavilion at the International Convention of the Prospectors and Developers Association of Canada (PDAC) 2024 in Toronto, the department’s press service reports. The PDAC Conference, the…
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Russian coal imports to China plummet due to import taxesChinese purchases of Russian coal fell sharply in the first two months of the year after Beijing reimposed import taxes that make Russian supplies less competitive. While China's total coal imports rose 23% year-on-year to 74.5 million tons in January and February, sales to Russia fell 22% to 11.5…
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Voestalpine to sell German special steel divisionThe management of Voestalpine has decided to change the planned strategic repositioning of Buderus Edelstahl to the sale of a subsidiary. The company says it is doing this in response to economic conditions for industrial manufacturing companies in Germany. Buderus is part of the voestalpine High…
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Aluminum prices approach six-week highsAluminum prices rose on Tuesday, hitting a nearly six-week high on signs of seasonally strong demand. On the London Metal Exchange (LME), three-month aluminum prices reached $2,270 per metric ton, marking their highest level since February 1. According to Tom Price, Liberum's head of commodity…
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EU extends anti-dumping measures against Chinese HDG for another five yearsThe European Commission has decided to maintain existing anti-dumping duties (AD) on imports of certain corrosion-resistant steels from China, particularly hot-dip galvanized (HDG) coils, at 17.2-27.9%, it has been published in a white paper. EU Magazine on Monday 11 March. The duties were first…
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The fate of the US Steel takeover may depend on the words of the union boss.David McCall has a unique opportunity to do right by America's industrial workers, and he's ready to seize the moment. As head of the United Steelworkers, McCall finds himself in an unexpected place of power. Labor groups have traditionally had little influence on corporate takeovers in the United…
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