Metallurgy news
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Production of rolled metal in Ukraine in January-February 2021In January-February 2021, Ukrainian metallurgical enterprises produced 3.15 million tons of rolled metal (100.3% compared to the same period in 2020), of which, according to V.S.K. GROUP, about 2,490,000 tons, or 79.2%, were exported. In the same period in 2020, the share of exports was about 84.7%…
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Ferrexpo plans to increase production of pellets with 67% iron gradeThe British Ferrexpo plc, with assets in Ukraine, in particular, it owns the Poltava and Eristovsky mining and processing plants (PGOK, EGOK), intends to increase the production of pellets of direct reduction of iron (Direct Reduction - DR) with 67% iron in 2021 ... In 2020, the group increased its…
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EUROFER: CBAM will keep the EU steel supply chainThe European Parliament voted to implement a Carbon Boundary Adjustment Mechanism (CBAM). The European Association of Steel Producers (EUROFER) expected it to maintain the EU's steel supply chain. EUROFER said CBAM will work with existing carbon controls to reduce the pressure on products and…
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SteelAsia's first steel girder plant to be operational by 2023SteelAsia Manufacturing Corp., the largest rebar manufacturing plant in the Philippines, is expected to start operating a beam manufacturing plant in Lemeri, Batangas province by 2023. The design capacity of the new plant is 1 million tonnes per year, including I-beams and I-beams. , sheet piles…
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US steel mills firmly control the marketAfter a year of the worst downturn in the US steel industry, domestic mills have benefited from historically high finished steel prices, limited supply and record profits from scrap metal. US steel utilization was 77.4% last week, according to AISI. Before the outbreak of the pandemic, this…
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The largest pipe manufacturer in the world acquires a competitorThis will be the largest pipe market consolidation in history. Russian TMK takes over its domestic competitor, Chelyabinsk Pipe Rolling Plant, which accounts for 11% of steel pipe production in Russia. The main products are welded large diameter pipes (diameter 530-1220 mm), seamless large diameter…
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EU considers expanding measures to protect metallurgyThe European Commission (EC) has announced a possible expansion of safeguards applicable to the import of certain steel products, including some from Vietnam, according to the Vietnam Trade Funds Authority. On February 1, 2019, the EU introduced final protective measures for some steel products…
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Steel production in China in January-February increased by 12.9%China's steel production for January-February was about 175 million tonnes, up 12.9% year-on-year, up from 7% annual growth in the 2020 aspect, according to the country's latest National Bureau of Statistics (NBS) data from March 15th. although this was mainly due to low baselines in the first…
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Ukrainian metallurgy increased gas consumptionSteel mills in Ukraine increased natural gas consumption by 6.5% in January-February 2021. Electricity consumption by enterprises of the metallurgical sector during this period amounted to about 1.920 billion kWh (104.9% compared to January-February 2020). Metallurgical plants of Ukraine in 2020…
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DMZ in February almost doubled the production of rolled metalDneprovsky Metallurgical Plant (DMZ, Dnepr), a member of DCH Steel of Alexander Yaroslavsky's DCH Group, in February 2021 increased the output of finished rolled products by 71% compared to the previous month, to 18.7 thousand tons. In February, the plant produced 22.6 thousand tons of pig iron…
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