Metallurgy news
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POSCO: uses slag to create a marine ecosystemPOSCO launched the Ulleung Island Marine Forest Program to celebrate National Ocean Day (May 31). Earlier this month, POSCO installed 100 Tritons * and 750 Triton blocks underwater and created a 0.4-hectare marine forest on Ulleung Island. The Ministry of Oceans and Fisheries has recognized the…
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Worldsteel announces 2019 Sustainable Steel ChampionsThe World Steel Association has recognized 9 sustainability champions for their performance in 2019. The 2019 Steel Sustainability Champions are: ArcelorMittal BlueScope Steel Limited China Steel Corporation JSW Steel Limited Nippon Steel Corporation Tata Steel Europe Tata Steel Limited Tenaris…
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Brazilian Steelworkers Seek Government Support Against US TariffsBrazilian steel companies are asking President Jair Bolsonaro to push for lower US steel and aluminum tariffs. Valor Econômico quoted Marco Polo de Mello López, head of the IABr steel association, as saying: “Export is the main alternative for the sector. We have asked the government to negotiate…
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Hyundai Steel stops production at Dangjin plantSouth Korean steelmaker Hyundai Steel has suspended production of its electric arc plant on the west coast of South Korea due to weak demand. The company said that some operations have been halted starting this week at the Danjin Iron and Steel Works, 123 kilometers south of Seoul. The company said…
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In China, consumption of ferrous scrap outpaced growth in steel productionThe higher emission standards set by the Chinese steel industry have increased the consumption of scrap metal at BOF plants. China's consumption of ferrous scrap has outpaced the country's steel production growth during 2019, according to the latest statistics released by the Bureau of…
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Reduced production in developed countriesChina, India and developing countries in Southeast Asia such as Vietnam, Indonesia and the Philippines continue to have a huge growth profile that will drive steel demand for a long time from infrastructure and real estate development. For developed countries, the picture is less rosy. Except for…
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Steel production in EU-28 in April fell by 2%The three largest steel producing countries in the region are Germany, Italy and France. European crude steel production posted a significant decline in April this year, following the global trend. According to the World Steel Association (worldsteel), during the month the EU's domestic production…
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Ukraine ranks 15th in the international ranking of steel producersFollowing the results of the work of metallurgical enterprises in April 2020, Ukraine reduced steel production by 30.9% compared to the same period in 2019 - to 1.339 million tons, dropping from 12th to 15th place, and after four months dropped from 11 13th position in the ranking of 64 countries -…
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Workers block the gates of the Tata steel plant in the NetherlandsDutch newspaper NH Nieuws reported that a group of about 100 Tata Steel employees blocked the gates at the company's plant with trucks, causing a fairly large traffic jam in Velsen-Noord. Workers are protesting the departure of CEO Theo Henrar, who announced last week that he will be leaving the…
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US steelmakers announce second round of price increasesAmerican steelmakers have raised their list prices in the past few days. This follows an initial announcement in late April /early May when US mills tried to draw a line to stem the recent drop in steel sales prices. Measures to block the coronavirus have led to a sharp decline in demand. Local…
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