Metallurgy news
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Coke plants in China raise coke pricesThe main independent coke producers in North and East China, which are the country's leading coke and steel refineries, have announced their coke selling prices increase by 50 yuan per tonne ($ 7.6 per tonne) effective December 1. Now, as in previous campaigns, coke producers are citing strong…
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Liberty and thyssenkrupp confirm takeover prudenceLiberty Steel and thyssenkrupp have confirmed they will be involved in a due diligence process that could eventually lead to the takeover of thyssenkrupp Steel Europe by Liberty. “Thyssenkrupp and Liberty Steel Group have agreed to move to the next stage of the process,” the British group said in a…
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US steel capacity utilization fell to 70.6%Weekly statistics released by the American Iron and Steel Institute (AISI) show a significant decline in crude steel production in the last week ending November 28, 2020. Weekly crude steel production was 1.561 million net tonnes at a capacity utilization rate of 70.6%. By comparison, in the week…
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Zaporizhstal reduces production of rolled metalOne of the largest industrial enterprises in Ukraine, the Zaporizhstal plant, over the past 11 months of this year, reduced the production of rolled metal by 5.2% to 2 million 915.4 thousand tons compared to the same period last year. According to the press release of the plant, steel smelting in…
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Steel production in CIS countries increased in OctoberThe monthly production data released by the World Steel Association (worldsteel) indicates a moderate increase in crude steel production in the Commonwealth of Independent States (CIS) region in October this year. Production in the region increased by 4.7% over the previous year. In October 2020…
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China's steel sector sees an increase in productionIndustry data showed that the steel sector in China saw an increase in production in the first 10 months of this year. Crude steel production rose 5.5 percent year-on-year to 874 million tonnes between January and October, according to the China Iron and Steel Industry Association (CISA). According…
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Deficit of rolled metal in the Czech Republic is growingA shortage of steel, especially coil products, remains in the Czech Republic. Plants are increasing delivery times, which in turn leads to limited market availability. Permanent distribution in the first quarter for spot buyers has practically disappeared. While demand has increased due to…
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Rescuers disinfected DMK facilitiesAccording to the decision of the Headquarters for Counteracting the Spread of the Viral Infection of the DMC, the rescuers of the 35th DPRCH once again carried out disinfection at the facilities of Dneprovsky Metallurgical Plant. In order to prevent the uncontrolled spread of coronavirus infection…
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Challenges in global steel productionThe global level of problems in ferrous metallurgy is clearly seen in the example of the largest transnational company ArcelorMittal, which has production in 20 countries in different regions of the world. The company's steel output in the past six months decreased by 25.7%, to 35.5 million tons…
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US Steel to restart blast furnace in IndianaUnited States Steel Corporation (US Steel) is ready to restart blast furnace # 4 of its Gary Works blast furnace in Indiana, but the schedule was awaiting confirmation. After US Steel resumes iron ore mining in Minnesota, blast furnace # 4 at Gary Works may resume next month. However, it still…
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