Metallurgy news
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Iron ore prices hit 6-year highAmid growing demand for iron ore in China, the price of the most important steelmaking raw materials is on the rise, with an increase of almost 34% since the beginning of the year. Steel product prices exceeded $ 125 per ton for the first time since February 2014. This is primarily driven by strong…
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Iran's steel business outlooks ahead of competitorsIranian Steel's production has steadily expanded in recent years, despite all the forces and obstacles created by external forces such as US sanctions and the coronavirus pandemic, which brutally led to the presentation of the world's leading manufacturers. A report recently released by the World…
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Nippon Steel Warns China Tightens Global Market ControlNippon Steel's executive vice president, Mr. Katsuhiro Miyamoto, said China intends to strengthen its position in the global steel market as its economy recovers from the coronavirus pandemic faster than its competitors and domestic businesses are expanding higher quality products. He said…
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Melting furnace stopped at Dneprospetsstal for overhaulFurnace No. 15 in KPTs was modernized in 2015 and became the “first sign” in a series of comprehensive programs to renew the plant's heating furnaces fleet. The old high thermal conductivity brick lining was replaced with a new one with minimal brick usage. The basis of the new lining was made up…
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Voestalpine resumes steel production in LinzIn early September, the Voestalpine Group will restart its small blast furnace in Linz, Austria, which has been temporarily shut down since March this year following a sharp drop in consumer demand caused by the coronavirus (COVID-19). The steel division of the voestalpine group produces…
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North American steel production fell 28%North American steel production fell 28% in July from the same period last year, according to the latest data released by the World Steel Association. In July of this year, production was 7.209 million tons (million tons), compared with 10.019 million tons in the same month a year earlier. Total…
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Ukraine in the world ranking of metallurgical production for 7 months of 2020Pig iron production According to Worldsteel, for 7 months of 2020, metallurgical enterprises of the countries of the world produced 790,110,000 tons of pig iron, of which 743,620,000 tons were produced by the blast furnace method and 46,490,000 tons by the direct reduction method. The result is…
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German steel production to plummet again in JulyCrude steel production in Germany fell sharply for the fourth straight month in July to levels reached during the financial crisis, down 24.7% year on year to 2.4 million tonnes, German Steel Federation WV Stahl said. Compared to the previous month, steel production fell by 2.1%. Production in…
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China's steel production hits record high in JulyChina's steel sector posted a record high output last month due to soaring domestic demand from a host of infrastructure projects as the country introduced massive stimulus measures to help the economy recover from the COVID-19 outbreak, industry data showed. According to the China Iron and Steel…
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NLMK introduces QR codes for finished products and quality certificatesNLMK Group has implemented a QR coding system for all types of flat and long products manufactured in Russia. The digital solution will allow the company to process documents and ship products faster, and to eliminate paperwork for customers. When scanned, a QR code posted on each NLMK product…
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