Metallurgy news
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Global steel production up in November 2020Global crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.3 million tonnes (Mt) in November 2020, up 6.6% from November 2019. Due to the ongoing difficulties caused by the COVID-19 pandemic, many of this month's numbers are estimates that could…
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A mini-laboratory for the collection of PCR tests was opened on the basis of Pokrovsky GOKThis week, a mini-laboratory for the collection of PCR tests began its work in the premises of the Cultural and entertainment center of Pokrovsky GOK. This need arose in connection with the rapid spread of coronavirus infection among the residents of Pokrov and employees of our plant. According to…
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Japan's steel production to fall to 52-year low in 2020-2021Japan's crude steel production will fall 16% year-on-year to 82.5 million tonnes between fiscal April 2020-March 2021, the lowest level in 52 years since 1968-1969, according to the forecast by the Ministry of Trade and Industry country (Meti). Meti said today that the country's steel production in…
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Steel demand in China to reach 991 million tonnes in 2021Steel demand in China is expected to reach 991 million tonnes in 2021, up 1.0% from 2020, according to a report released by the China Metallurgical Planning and Research Institute. ... Steel consumption this year was projected at 981 million tons. an increase of 9.6% over the previous year, with a…
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Russian Severstal has ordered a new rolling lineRussian steelmaker Severstal has signed a contract with Italian steelmaker Danieli to install a new section mill at its main production facility in Cherepovets. The launch of the new production was scheduled for the end of 2022. It was clear that the current capacity of the company for the…
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In Ukraine initiated an investigation into the import of rolled metal products from ChinaThe Interdepartmental Commission on International Trade (ICMT) has initiated an anti-dumping investigation into the import of coated carbon steel products from China to Ukraine. According to the message in "Uryadov Courier" on December 19 of this year, the decision to initiate an investigation was…
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Steel prices in China will rise in 2021China's domestic steel market will see higher prices in 2021, especially in the first half of the year, given the possibility of a relatively tight supply-demand balance on December 19, according to a discussion at the annual Mysteel Summit in Shanghai. Raw material prices will also support the…
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Britain may challenge Singapore's status as a global transport hubAs the Brexit issue gradually cleared up, the UK was no longer bound by EU rules and could negotiate its own trade agreement. Therefore, it was proposed to develop a delivery system. The UK is reforming its taxation and oversight practices to attract more merchant ships, according to a British…
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Brazil Steel Prices May Rise Again In JanuaryAccording to Credit Suisse analysts, it is possible that in January the Brazilian market will see another rise in flat steel prices from 10% to 15%. Analysts say Brazilian steelmakers are using recent increases in international steel benchmarks, such as high raw material costs with iron ore prices…
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Nippon Steel Corporation and Rio Tinto Sign Memorandum of Understandingippon Steel Corporation, the largest steel producer in Japan, and Rio Tinto, the world's leading mining and metals company, have signed a Memorandum of Understanding (MoU) to jointly explore, develop and demonstrate technologies to move towards a low carbon steel value chain. Nippon Steel and Rio…
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