Metallurgy news
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Belarusian BMZ signed contracts for the export of steel worth more than $100 millionAccording to the report, the Belarusian Metallurgical Plant Belarusian Metallurgical Plant (BMZ) announced the signing of several contracts for the export of steel worth more than 100 million US dollars. BMZ specializes in the production of round steel, fittings, wire rod and seamless steel pipes…
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US focuses on steel and aluminum for clean industryThe US will take steps to support domestic production and purchases of low-carbon steel and aluminum as part of a series of new initiatives to strengthen US leadership in cleaner production, the White House said Feb. 15. . "The Biden-Harris administration is announcing new actions across all…
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ArcelorMittal invests in decarbonisation plan for Canadian Dofasco plantArcelorMittal said it will install a new direct reduced iron plant with an annual production capacity of 2.5 million tons and an electric steel furnace with an annual production capacity of 2.4 million tons at the Dofasco plant in Hamilton, Ontario. The introduction of these new technologies and…
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Metinvest to invest $1.2 billion in Ukraine in 2022Metinvest Group plans to invest more than $1.2 billion in the modernization of its enterprises in 2022. This is 18% more capital investments of the previous year. In 2022, the group will continue the environmental modernization of its enterprises. One of the main projects is the reconstruction of…
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Iron trade remains hot despite absence of US and ChinaGlobal iron seller sentiment continued to strengthen over the past week, with new sales ending at higher levels amid increased demand. . One buyer from Italy, influenced by rapidly declining port stocks and low availability of spot supplies in the CIS, accepted higher bids and ordered a large…
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Rebar production in China falls to 2-year lowMost of the mini-factories ceased operations as early as the Chinese New Year (CNY) holiday (January 31 to February 6) and their production had not yet recovered during the study week. In contrast, while many integrated factories operated normally during the yuan break, production among many in…
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Ecolant starts construction of a direct reduction electric arc furnace steel plantEcolant, owned by OMK owner Anatoly Sedykh, a Russian manufacturer of steel pipes and railroad wheels, told S&P Global Platts that it has laid the groundwork for the construction of a 1.8 million tonne-per-year direct reduction electric steel plant in Vyksa at a cost of RUB 150 billion (2 billion…
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The results of the production of metallurgical enterprises of Ukraine in January 2022In January 2022, the metallurgical sector of Ukraine issued: sinter - 2.79 million tons (101.3% compared to January 2021); gross coke (6% vol.) - 0.81 million tons (95.5%); pig iron - 1.77 million tons (98.2%); steel - 1.85 million tons (100.7%); rolled products - 1.67 million tons (100.6%); pipe…
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The Dutch prosecutor's office launched an investigation into pollution at Tata SteelDutch prosecutors have announced an investigation into allegations of pollution on the northern coast of the Netherlands during the containment of steel production at Tata Steel's IJmuiden plant. Prosecutors accused Tata Steel of deliberately and illegally dumping hazardous materials to damage…
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US makes final AD decision on Turkish rebarIn accordance with the final result of the administrative review of anti-dumping (AD) duties, the United States Department of Commerce (USDOC) determined that Turkish manufacturers or exporters of reinforced concrete rebar (reinforcement) subject to this review sold their products at prices lower…
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