Metallurgy news
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Steel production in Iran increased by 5%Steel production in Iran increased by five percent in the first four months of the current Iranian calendar year (March 20 to July 21) compared to the same period last year. In the four months of the current Iranian year, 7.257 million tons of steel products were produced, in the first four months…
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Production results of MMC of Ukraine for 7 months 2020The results of the activities of the MMC of Ukraine for 7 months of 2020 indicate that the difficult situation in the Ukrainian metallurgical industry remains associated with the crisis in the global steel market, exacerbated by the COVID-19 coronavirus pandemic. The main reasons for the decline in…
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China smelted record steel in July due to strong demandChina produced a record amount of crude steel in July as the government increased spending on infrastructure, while the manufacturing sector rebounded after the world's second largest economy reopened after blocking restrictions. The world's largest steel producer produced 93.36 million tonnes of…
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The largest Japanese companies Nippon Steel, JFE and Kobe Steel recorded a lossThe Japan Times reported that all three major Japanese steelmakers fell in negative territory in April-June as the coronavirus crisis forced automakers and other customers to suspend production, resulting in lower demand. Domestic leader Nippon Steel Corp reported a group net loss of 42 billion yen…
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Miory Metallurgical Plant will debut at the Belarusian Commodity and Raw Materials Exchange in SeptemberOn September 3, the first export trading in metal products produced by the Miory Metallurgical Plant will be held at the Belarusian Universal Commodity Exchange. The agreement was reached following negotiations between BUCE and Miory Steel. As BelTA was told by the press secretary of BUCE Roman…
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NLMK participates in green startups initiativeThe Russian metallurgical company NLMK Group, which claims to be the largest steel producer in Russia and one of the most efficient in the world, has taken on the role of a strategic partner of GreenTech Startup Booster (GTSB), Russia's first accelerator of green startups. Sergey Chebotarev, Vice…
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Thyssenkrupp will continue to implement its restructuring planCFO Klaus Keiberg said at a press conference that German steel mill Thyssenkrupp is still operating at "more than 60%" capacity, reiterating that there is no update on the joint venture or sale while negotiations are underway with unknown partners. Thyssenkrupp did not elaborate on plans for the…
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Dneprospetsstal successfully passed QMS recertification auditAt the beginning of August, at our Enterprise, the auditors of TÜV "Thüringen" (Germany) conducted a recertification audit for the compliance of the plant's production and management processes with the requirements of the international standard ISO 9001: 2015. The ISO 9001: 2015 certificate…
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The US-China trade war did not greatly affect trade in the Asian steel marketThe trade war between the United States and China has not seriously affected Malaysia's trade performance with both countries, even though it has affected the global economy. The Ministry of International Trade and Industry (MITI) reported that Malaysia's trade with the United States in…
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Steel and chemical companies prepare for decarbonizationSteel and chemical companies - two of the worst greenhouse gas emitters - say they have clean alternatives under development, but they need government policies that won't undermine their efforts. "Policy is very important," said Andreas Bode of BASF, the world's largest chemical company, "as…
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