Metallurgy news
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Tenova tests hydrogen for steelmakingSteel equipment maker Tenova is partnering with Italian energy companies De Nora, Snam and other European steelmakers to test green hydrogen to decarbonize steel production. This is happening as part of the project “Hybrid Technologies for Sustainable Heating of Steel” (HyTecHeat). HyTecHeat…
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Turkish company BMS begins exporting galvanized steel wire to EuropeTurkish galvanized steel wire manufacturer BMS Birlesik Metal said in a regulatory filing on Feb. 26 that it has begun exporting galvanized and galvanized steel wire to Europe. Wire supplies to the European agricultural sector are expected to be around 300 tonnes per month and will have a positive…
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The steel market in Ukraine decreased by a third year-on-yearUkrainian enterprises in January of this year reduced consumption of rolled metal by 37% compared to the same period last year - to 137.7 thousand tons from 219.1 thousand tons. This was reported by the Ukrmetallurgprom association of enterprises. According to the press release of the association…
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Czech industry criticizes EU emissions reduction target by 2040The Czech government should not support the European Commission's climate target of cutting emissions by 90% by 2040, as it is unattainable and would hit the industry-dependent Czech Republic hard. Therefore, warn the Czech associations of energy-intensive sectors, including the Czech-Slovak steel…
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Indonesia names two Chinese nationals as suspects in arson at nickel plantIndonesia has named two Chinese nationals as suspects in its investigation into a deadly explosion at a nickel plant owned by top producer Tsingshan Holding Group. The fire, which killed 21 people, exposed the hidden costs of the Southeast Asian country's rapid expansion of the nickel industry…
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ArcelorMittal on forecasts for demand for flat steel in EuropeDemand for flat steel in Europe is expected to grow by 2-4% this year, ArcelorMittal said. Indeed, an improvement in apparent steel demand in January allowed European steel producers to deliver higher prices on the spot market. It is noteworthy that in January, prices for hot-rolled coil in…
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SSAB expects higher steel supplies in first quarter despite sluggish demandSwedish steelmaker SSAB, which specializes in the production of steel strip, plate and pipe products, expects to increase deliveries during the first quarter of this year, despite subdued demand from major steel consumers. The forecast was made in the company's financial report for the fourth…
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The head of Metinvest said that he is open to future participation in the Ilva projectAlthough Metinvest is prioritizing its future Italian flat-rolled steel plant in Piombino, Metinvest says it may consider becoming a shareholder in troubled steelmaker Acciaierie d'Italia in the future. Currently, Metinvest supplies Taranto with raw materials and purchases slabs from Taranto for…
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German steel production in 2023 will be the lowest since 2009High energy prices and weak demand have led to a historic decline in German steel production in 2023, the national steel industry association WV Stahl said on Tuesday, January 23. In December 2023, the country produced 2.631 million tons of steel, which is 2.3% less than in December 2022. For all…
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Tata confirms UK blast furnace closureTata Steel has confirmed it will close blast furnaces at its Port Talbot steel plant and cut up to 2,800 jobs. The hot rolling mill will continue to operate during the proposed transition period, with subsequent units receiving imported steel raw materials from Tata Steel's plants in the…
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