Metallurgy news
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Ferrexpo suspends production due to damage to Ukraine's energy infrastructureFerrexpo, a Ukrainian iron ore producer, said it had suspended production at its iron ore pellet plant in central Ukraine after a Russian missile attack damaged the country's energy infrastructure and no employees were injured in the attack. In the energy supply of Ukraine, priority was given to…
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Russia plans to accelerate the development of new chromium depositsThe Russian Ministry of Industry and Trade has developed a strategy for the steel industry by 2030 with the goal of reducing chromium ore imports to Russia to below 30% of market demand in order to reduce dependence on imports. To achieve this goal, Russia plans to develop the Saranovskoye field in…
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New long products plant in Bolivia to start operations in 2024The Bolivian government has accelerated the construction of the Mutún steel complex to produce high quality steel to replace 50% of the nation's steel imports and receive US$75 million per year in the first phase. Mutun, located in the department of Santa Cruz in Bolivia, has the largest iron…
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CISA: daily steel production fell in OctoberDaily crude steel production among China Metallurgical and Steel Association (CISA) member plants declined further in the first half of October, falling by 1.1% or 23,700 tons per day in 10 days to an average of 2.11 million tons in day, according to the association's new report on 13 October. The…
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Turkey coal mine explosion kills 41President Recep Tayyip Erdogan said an explosion at a coal mine in northern Turkey on Friday night killed 41 people and injured several more as search and rescue efforts came to an end. A fire broke out at a mine in northern Bartin province, Amasra district, on Friday. Initial evidence suggests an…
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Europe faces gas insecurityEurope is likely to survive cuts in Russian natural gas supplies this winter as the war in Ukraine continues, but the coming heating season will underscore the continent's ability to meet energy needs, experts said at the Columbia Global Energy Summit in New York. The flow of Russian pipelines…
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UK TRA reintroduces duties on galvanized pipes in Belarus and ChinaThe UK Trade Remedies Authority (TRA) plans to re-introduce galvanized pipes under HS code 7306 30 72 into anti-dumping measures following a review initiated by Tata Steel UK's application. In August 2021, following the completion of the transition review, the TRA recommended that anti-dumping…
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Austrian company HAI invests 100 million euros in new facilities in EuropeAs part of a plan for continuous development in recent years, Hammerer Aluminum Industries (HAI), an aluminum products supplier in Austria, has announced a €100 million investment to build two new extrusion lines and a new logistics centre. A second 60 mega newton extrusion line was installed at…
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A growing number of Turkish factories are considering shutting down productionA growing number of Turkish factories are considering shutting down production in the near future due to high electricity costs, Veysel Yayan, secretary general of the Turkish Steel Manufacturers Association (TCUD), told the Turkish newspaper Cumhuriyet. Yayan says a 600 percent rise in energy…
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Japanese Nissan leaves the Russian market, having sold the Russian businessJapanese automaker Nissan has announced that it has sold its Russian operations to a Russian automotive research institute, pulling out of the Russian market. The sale includes Nissan's production and research centers in St. Petersburg, as well as a sales and marketing center in Moscow. The deal…
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