Metallurgy news
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China cuts Australia's metallurgical coal exportsChina has cut its metallurgical coal exports from Australia because Beijing's import restrictions have reduced supplies to China. China's unofficial ban on imports of Australian coal is likely to result in very low coking coal exports to China in December 2020. China accepted only 510,000 tons of…
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Hebei Ferrous Metals Market Prepares for New COVID CasesThe rise in confirmed cases of coronavirus in northern China's Hebei province over the past few days has raised concerns among steelmakers, traders and raw material suppliers in the province, especially when local authorities quickly imposed restrictions on freight transport in parts. provinces…
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Tata Steel Announces New Initiative to Reduce Carbon EmissionsIndia's leading steel producer Tata Steel has partnered with the CII Green Business Center and other stakeholders in the steel industry to develop a new GreenPro framework for steel bars. This is the first of its kind in the country and is expected to reduce the carbon footprint of the steel…
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Stainless steel production in China rises due to supply shortagesStainless steel futures in China are up 5% this week as higher base nickel prices and limited supply boosted the price of metal used in vehicle and kitchenware. The most active March stainless steel contract on the Shanghai Futures Exchange rose to a daily growth limit of 14,725 yuan ($ 2,280.72)…
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Bulgarian Alcomet commissioned a new rolling millAlcomet AD, the only manufacturer of rolled metal and extruded aluminum in Bulgaria, announced that its modernized production line for the production of powder coated aluminum profiles has been put into operation at a cost of 1.4 million leva. The monthly production capacity of powder coated…
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4 workers killed at steel plant in RourkeleSteel Authority of India Limited (SAIL) reported yesterday (January 7) that its steel plant in Rourkele (RSP), located in the eastern state of Odisha, experienced a gas leak that killed four people. 4 workers worked for the maintenance contractor Star Construction. Several more workers were…
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BMZ will supply the first batch of rolled metal products to Spain in 2021Belarusian Metallurgical Plant The Belarusian Metallurgical Plant (BMZ) reported that for the first time in 2021 it exported rolled metal products to Spain, which is used in the automotive industry. BMZ began exporting structural steel to Spain last year, and at the beginning of this year also…
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New steel processing plant opened in CambodiaA new steel plant, built with a $ 17 million investment, has begun operations in Kampong Speu province in Cambodia. The new plant, called Hong De Sheng (Cambodia), uses recycled steel and scrap steel as raw materials and has a total processing capacity of 500,000 tons per year. The steel produced…
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Steel prices in China in January may fall due to fundamental factorsDomestic steel prices in China may decline in January after sustaining gains they have achieved over the past eight months, especially as stocks of finished steel may rise in the weeks leading up to Chinese New Year holidays on February 11, shared his short-term development outlook market Wang…
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ArcelorMittal Poland and Moris want to join forcesArcelorMittal Poland plans to create a joint venture with Moris based in Chorzów. According to UOKiK, the planned merger concerns the creation of a limited liability joint venture by ArcelorMittal Poland, headquartered in Dбbrowa Górnicza, and Moris, headquartered in Chorzów. The purpose of the…
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