Metallurgy news
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Turkey's scrap metal demand rebounds amid mobilization in RussiaMost Turkish steel producers have maintained their purchase prices for scrap in the domestic market since last week. However, things are about to change as the Turkish steel market reopened after the Russian president announced a partial mobilization in his country on Wednesday. The Turkish market…
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Export of semi-finished products from Ukraine decreased in January-AugustIn the first eight months of this year, due to the military actions of Russia in Ukraine and the shutdown of ports, the export of Ukrainian semi-finished products fell by 66.7% year on year to 1.59 million tons. Among them, Bulgaria accounted for 21.9% of Ukrainian exports of semi-finished…
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US Steel shuts down blast furnace at Gary Works plant in IndianaUS Steel said blast furnace No. 8 at the Gary Works steel plant in Indiana, which has a capacity of 1.5 million tons of raw materials per year, was shut down as early as September 7. A reopening date has not yet been set. One of two US Steel blast furnaces at Mon Valley Works in Pennsylvania is…
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Prices for hot-rolled steel from the Gulf countries are growing, while in China they do not changeBuyers of GCC hot-rolled coil have been receiving price increases since the beginning of last week, but Chinese mills have maintained or even reduced some quotes by $10-$15 per tonne. This week SPHT-1 3mm hot rolled coil is offered by Japanese mill at $680/t, SS400 2-3mm boron steel from India at…
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German company Salzgitter receives state fundingGerman steelmaker Salzgitter will receive low-carbon steel funding from the government, which will support the first phase of the company's three-stage decarburization plan to produce 1.9 million tons of unrefined mild steel by the end of 2025. Several steelmakers in the EU have warned in recent…
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ArcelorMittal forecasts decline in steel production in Europe in the fourth quarterArcelorMittal, the world's largest steel producer in Europe, forecasts European steel production to fall by around 1.5 million tonnes in the fourth quarter of this year as the company cut steel production at its operations in Germany, Poland and Spain. Due to interruptions in gas supplies to…
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Romanian company Alro Slatina to cease operations by May 2023According to Constantin Popescu, president of the Aluministul union, Romanian aluminum producer Alro Slatina is likely to cease operations entirely by May 2023, mainly due to high energy prices. Currently, only two-fifths of the electrolysis plants are in operation at the plant. However, due to…
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Europe decides whether or not to buy Russian aluminumThe energy crisis in Europe, production cuts and shortages of aluminum have put consumers in a difficult position regarding Russian supplies of a metal vital to the region's transport, construction and packaging industries. Some prefer to avoid Rusal's metal, while others are more optimistic…
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Rail disruptions will affect US steel shipmentsIf US railroads and unions fail to reach an agreement on a new contract by September 16, potential railroad strikes will negatively impact the supply of finished and semi-finished steel, as well as steel raw materials, according to the Steel Manufacturers Association. The association said that any…
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Tata Steel UK awards Danieli Corus contractThe air heaters of both blast furnaces at Tata Steel's Port Talbot Works plant have achieved very long service lives thanks to numerous life extension repairs, the most recent of which was the refurbishment of Blast Furnace No. 4 Furnace No. 10. The current contract between Danieli Corus and Tata…
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