Metallurgy news
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Jingye Sends Aid Package to British Steel in ScunthorpeChina's Jingye has sent a private jet filled with medical equipment to Scunthorpe's steel plant to help protect workers and keep blast furnaces running amid the chaos caused by Covid-19. Half of the aid package from China will be donated to the community surrounding the steel plant as nearby local…
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Some Turkish metallurgists stop productionVarious Turkish steel mills have announced production cuts following their counterparts in the EU and other regions as the global coronavirus pandemic continues to rage. Electric arc furnace-based long steel maker Ekinciler has decided to end production indefinitely from this week. Another EAF…
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AISI calls on the US administration to designate steel as a major industryThe American Iron and Steel Institute has called on the Trump administration to identify the steel sector and its workers as “essential” in developing and enforcing on-site orders and other directives in response to the COVID-19 pandemic. In a letter to Pence VP, Thomas J. Gibson, President and…
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NLMK suspends production of a steel plant in Italy due to coronavirusRussian steelmaker NLMK has suspended production at its plant in Italy for at least two weeks due to the spread of the coronavirus, while other European plants are still operating. NLMK said: "We have temporarily suspended the bulk of our operations in Verona for at least two weeks." The plant in…
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Iranian metallurgical industry: results and prospectsAccording to ISA, in 2019 Iran was ranked 10th among the world's steel-producing countries, while in 2016 Iran was ranked 14th. In fact, Iran is the largest steel producer in the region. According to the comprehensive steel plan, the country plans to produce up to 55 million tons of crude steel by…
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MMK Group predicts a decline in domestic steel pricesRussian steel giant MMK said: “At the current peak of the spread of the coronavirus and the downturn in business activity, the MMK Group is carrying out equipment repairs along with planned production cuts. At the moment, there is no critical impact on sales in the main markets of the Company…
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Metallurgical sector resumes operations in Hubei provinceThe steel industry and major construction projects in Hubei province in central China have resumed operations as the province's epidemic is easing. As transport restrictions across China were gradually lifted, Hubei Xinyegang Steel Co brought its first 52-man shipment back to Hubei from Shanghai on…
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US Steel to suspend steel pipe production amid coronavirus outbreakUS Steel may be idle indefinitely at its Texas and Ohio steel mills as a result of difficult market conditions and high levels of imports. The company issued adjustment and retraining notices to workers at its Lone Star Texas and Lorain Ohio mills, which said downtime-related layoffs could take…
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Global steel production increased in February 2020World crude steel production for 64 countries reporting to the World Steel Association was 143.3 million tonnes in February 2020, up 2.8% from February 2019. China's steel production in February 2020 was 74.8 million tonnes, an increase of 5.0% compared to February 2019. India produced 9.6 million…
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ArcelorMittal Taranto plant to continue some production operationsItalian steel mills will have to close most operations in accordance with a government decree passed Sunday, tightening restrictions to combat the spread of the coronavirus. The government has ordered the suspension of production and commercial activities that are not necessary by March 25. Market…
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