Metallurgy news
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Metinvest in 2020 increased steel production by 9% in 2020The largest mining and metallurgical holding of Ukraine Metinvest, by the end of 2020, increased steel production by 9% compared to 2019 - up to 8.268 million tons, pig iron - by 7%, up to 8.475 million tons, total coke production - by 3%, up to 4.808 million tons. According to a press release from…
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Metalloinvest modernizes blast furnaceSteelmaker Metalloinvest announced that blast furnace # 2 of its subsidiary, Ural Steel, was officially commissioned last December after being upgraded with a production capacity of 2,000 tonnes of pig iron per day and a maximum capacity of 760,000 tonnes. cast iron per year. It is planned that the…
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Iron ore stocks in China hit new lowIron ore concentrate inventories at 186 selected Chinese mining companies fell to 1.6 million tonnes as of February 4, hitting a new low since Mysteel began researching reserves in January 2019. Declining production among mining companies and strong sales to steel mills resulted in a decline…
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CEO Martina Merz completely reorganizes Thyssen-KruppAt Europe's largest steel mill, 14,000 employees in Duisburg are waiting for Thyssen-Krupp's executive board to decide what to do with the steel production. The head of the group Martina Merz announced the corresponding decree for March. There are three options: steel remains in the group, steel is…
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Splitting the level of steel production between Asia and the rest of the worldSteel production fell 0.9 percent last year. However, this is the average for the countries of the world. In the European Union, the decline exceeded 11%, and in the USA - 17%. At the same time, China increased production by more than 5 percent. China, India and Japan are invariably among the…
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ArcelorMittal to reopen blast furnace in BelgiumSmelter ArcelorMittal plans to restart Kiln B at its plant in Ghent, Belgium by the middle of this month. The 2.3 million metric tons (Mt) kiln was shut down last September to replace the lining. It should be noted that this is one of two furnaces at the plant in Belgium, the total capacity of…
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Steel production in the CIS increased in 2020The monthly production data released by the World Steel Association (worldsteel) suggests a marked increase in crude steel production in the Commonwealth of Independent States (CIS) region during December 2020. Production in the region increased by 3.1% over the previous year. Smelting was 8.696…
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EU rolled metal imports fell as suppliers exhausted quotasHot rolled metal imports to Europe have declined slightly over the past two weeks as a direct consequence of the global decline in steel prices. However, the nominal price decline did not affect the European domestic market. This is due to the current anti-dumping measures, as well as the security…
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Severstal commissions Cherepovets blast furnace No. 3Blast furnace reconstruction using Danieli Corus technology using a cooling system and a Hoogovens lining Russian steelmaker Severstal has successfully commissioned blast furnace # 3 at its Cherepovets plant. This furnace was shut down and dismantled in 2007. In 2018, activities related to the…
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Yieh Phui Production Line Will Not Stop During The HolidaysWith the international steel market now in short supply, Yieh Phui, one of Taiwan's largest steel mills, has decided to cancel the Chinese New Year holiday due to high demand for orders. With strong market demand, sales in the first quarter of this year could be strong, even steel mills continued…
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