Metallurgy news
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China's daily steel production up 0.6% in early OctoberDaily crude steel production at China's 247 blast furnace (BF) and 71 electric arc (EAF) plants in the Mysteel study increased slightly to 2.6 million tonnes per day on average in the first decade of October, an increase of 16,100 t /d or 0. 6% from the end of September, due to the weakening of…
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North American flat steel maker invades scrap metal recycling businessCleveland-Cliffs, the largest flat steel producer in North America, has announced its entry into the scrap metal market through the acquisition of a scrap recycling company in Detroit. The deal is expected to close in the fourth quarter of 2021, subject to regulatory approval and other normal…
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China Baowu signs contracts to expand steel ecosystemChina Baowu has signed agreements with 11 Chinese private steel companies to actively build a high quality steel ecosystem. It was reported that Kunming Iron and Steel Holdings Co., Ltd., one of the top 500 Chinese enterprises and the largest joint steel production in Yunnan province, has reached a…
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Metinvest and K1-MET will join the international research consortium for the recycling of industrial wasteWe are pleased to announce that Metinvest, an international vertically integrated group of mining and metallurgical companies (Metinvest or the Group), and K1-MET, a leading Austrian research center in metallurgy, will participate in an international research project in the field of sustainability…
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A modern oxygen complex will be built in MariupolMetinvest Group is renovating the production facilities of MMK im. Ilyich. The company is in the active phase of the construction of a modern air separation unit in Ukraine. The total investment in the project will amount to USD 83.5 million. Today, the availability of equipment for the storage of…
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In August, supplies of Russian pig iron to the United States decreased significantlyIn August, shipments for export of Russian pig iron to the United States amounted to 173.4 thousand tons. This is 64% lower than in July and 23.6% - on an annualized basis. A month earlier, these indicators were + 81% and +4 times, respectively. In general, in January-August, the volume of supplies…
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Scientists are exploring the possibility of mining iron, nickel and cobalt on asteroidsIn an article published in the Planetary Science Journal, the researchers explain that metal-rich near-Earth asteroids were created when the cores of developing planets collapsed catastrophically early in the solar system's history. The team is studying asteroids 1986 DA and 2016 ED85 in detail and…
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Liberty Steel will restart its steel operations in the UKThe GFG Alliance, led by Sanjeev Gupta, has announced plans to commit £ 50 million to restart its Liberty Steel Rotherham (EAF) electric arc furnace and to operate its Stokesbridge plant. This is expected to save most of the roughly 1,000 jobs. The alliance has entered into a debt restructuring…
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Vladislav Varnavsky appointed Director of EcologyUkrainian industrial company Interpipe announces the appointment of Vladislav Varnavsky as Director for Environment. He started working in his new position on October 6, 2021. Vladislav Varnavsky has been working in the field of environmental protection of large industrial companies for more than…
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India mulls steel price hike due to more expensive coalRising coal prices, coupled with shortages of coking coal and thermal coal, are forcing Indian steel makers to consider raising steel prices in the next quarter. Indian steel giants such as JSW Steel and Jindal Steel and Power (JSPL) expect prices to rise due to costs. India's coking coal imports…
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