Metallurgy news
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Profits of European metallurgy may decline in the second quarter amid weak demandIn the second quarter of 2020, Europe's hot rolled steel production margins may decline further due to weak demand as the coronavirus pandemic disrupts global trade. HRC steel distribution by feedstock in Northwest Europe in the second quarter may decline to 231 € /t (USD 249) on the back of…
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Evraz closes Portland pipe plantEvraz Oregon Steel Mills is closing its coiled tubing plant at its Portland plant, resulting in nearly 230 permanent job cuts. Evraz said it will implement the cuts over a two-month period starting Monday. Evraz North America Director of Communications and Government Patrick Waldron said: “The oil…
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The robot processes business orders in LIBERTY OstravaRobot Process Automation is the official name of the new technology assistant that assists in the sales coordination and order management department at LIBERTY Ostrava. However, this is not a human figure that you would see sitting at a computer, but special software. The Ostrava Mill continues to…
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US steel production continues to declineAISI announced that for the week ended April 4, 2020, domestic steel production was 1,534,000 tonnes, while capacity utilization was 68.5%. Production was 1,892,000 net tons for the week ended April 4, 2019, while capacity utilization was 81.3%. Production this week represents a decline of 18.9…
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Mechel supplies rolled metal for the construction of medical centers to combat coronavirus in RussiaMechel Group's retail network Mechel-Service supplies steel coils for the construction of infectious diseases hospitals designed to combat coronavirus throughout Russia. The Russian Defense Ministry is accelerating the construction of 16 medical centers. Mechel-Service supplies rolled metal…
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British Steel takes action on COVID-19 coronavirus spreadBritish Steel CEO Ron Deelen said: “The coronavirus is shaping the way we all conduct our daily lives, and we have robust and flexible plans to protect our people, customers, suppliers and the communities in which we operate. We continue to follow the latest guidelines from Public Health England…
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Australia launches anti-dumping investigation into Vietnamese steel productsThe Australian Antidumping Commission has launched antidumping and antidumping investigations for steel pipe products originating in China, South Korea, Taiwan and Wit Nam. The information was published by the Trade Facility Office of the Ministry of Industry and Trade of Vietnam. Certain welded…
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Tata Steel Update on COVID-19 OutbreakAs the new outbreak of the COVID-19 coronavirus continues to spread rapidly around the world, Tata Steel said: “As national governments intensify their efforts to contain the spread of COVID-19, Tata Steel will reduce operations at certain facilities. We have already strengthened our employee risk…
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Turkish steel companies confirm the need for import restriction measuresTurkey's steel production in February rose 8.2% year-on-year to 2.9 million tonnes, according to the Turkish Steel Manufacturers Association (TCUD), while production in January-February rose 12.7% to 5 , 9 million tons. Consumption of finished steel in February was 3 million tons, up 68.3%…
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Ukraine will leave 100,000 tons of wheat for domestic needsThe state-owned Ukrainian grain firm DPZKU has stocks of about 100,000 tons of wheat in stock and is ready to meet domestic needs for flour amid growing demand caused by the coronavirus pandemic, the company said on Tuesday. Ukrainian bakers and bakeries last week asked the government to restrict…
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