Metallurgy news

• China's steel production continues at record pace Steel output in China rose 10% year-over-year to its highest monthly rate, according to the country's statistics bureau. “Steel mills are making record profits, so any steel mill that is not required to stop or cut production has essentially no reason to hold it back,” said Kevin Bye, an analyst ... 16.08.2017  10:36

• Wheat prices in Russia fall as a large harvest arrives Russian wheat export prices are falling for the second week in a row on the imminent arrival of a giant harvest that is expected to surpass last year's record, analysts say. The USDA and two leading Russian agricultural consultants SovEcon and IKAR sharply raised their 2017 wheat crop estimates... 15.08.2017  11:26

• Coal mine closes in Spain due to lack of customers The underground coal mine La Escondida, located in the Spanish city of Caboalles de Arriba, has closed. This was the last project of this type, located in the Castile and Leon region. According to local media, the owner decided to close the 60-year-old mine because no energy company wanted to... 15.08.2017  11:10

• Worldsteel offers to buy a card of China metallurgical plants for 350 euros World Steel Association Worldsteel has updated a detailed map of China's steel mills and offers to buy it in high resolution for 350 euros. Map c clearly shows the geographic and economic situation in the steel industry in the People's Republic of China. It includes information such as: ... 14.08.2017  15:34

• PJSC "ArcelorMittal Kryvyi Rih" is completing the preparatory stage of construction of two new continuous casting machines Kryvyi Rih, August 14, 2017 PJSC ArcelorMittal Kryvyi Rih is completing the preparatory stage of construction of two new continuous casting machines (continuous casting machines No. 2, 3), the operation of which will significantly increase the production of cast billets. As part of the company's... 14.08.2017  15:26

• Dneprospetsstal: production results in July 2017 In July 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmin ”delivered 21,142 tons of steel, which is 3.2% lower than the level of the previous month. During the same period, the Company produced 13,866 tons of rolled metal, which is 0.2% more than in June 2017. The t... 14.08.2017  15:26

• "Zaporozhogneupor" presented a children's and sports grounds to the residents of the Shevchenko district PJSC "Zaporozhogneupor" financed the project "Alien" within the framework of the social initiative competition "We are the city". The essence of the project is the creation of a zone on the territory of the Shevchenko microdistrict where children and their parents can play and relax: installation... 14.08.2017  13:14

• Tata Steel UK signs retirement benefit agreement Tata Steel UK announced that it has signed filings to regulate a distribution agreement with the Trustee of the British Steel Pension System, offering more sustainable results for retirees, employees and businesses. As a result, the UK steel pension scheme will be spun off from Tata Steel UK and... 14.08.2017  11:25

• Metallurgy may be short of graphite electrodes According to Platts, in the near future, the steel industry may face a shortage of graphite electrodes used in electric arc furnaces and ladle furnaces. In fact, this absence could hit the entire metallurgical sector and beyond. Platts reports that China's electrode exports will be halved this... 14.08.2017  11:11

• EU introduces additional duties on steel from China The European Union has imposed temporary additional duties on steel products from China, this time for corrosion-resistant steel. The duty rate is 28.5 percent. This is another European Commission decision on subsidized Chinese steel that has flooded the European market. In May, the EU imposed... 14.08.2017  10:23