Metallurgy news
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Results of production of MMC of Ukraine in NovemberIn November 2019, the metallurgical enterprises of Ukraine produced: 1.39 million tons of pig iron, which is 13.4% lower than in October 2019, 1.31 million tons of steel, which is 16.8% lower, 1.18 million tons of rolled metal, which is below 18.4%. For 11 months of 2019 produced: 18.46 million…
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US Steel begins rebuilding blast furnaces after floodingUS blast furnaces will be put into operation at the sprawling Gary Works after severe flooding the day before Thanksgiving. US Steel spokeswoman Amanda Malkowski said: “The water cutoff has been resolved and the team is in the process of restarting ancillary assets at Gary. We expect the first…
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French government threatens to block Jingye's acquisition of British SteelThe French government threatens to stop the Chinese deal to bail out British Steel. French Economy Minister Agnes Pannier-Runasher has warned that her government is ready to block the sale of British Steel to Chinese Jingye, as it fears for the fate of British Steel's French arm. Pannier-Runasher…
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World steel production fallsAccording to statistics, world steel production in October fell by 2.8% to 152 million tons, while volumes declined in all regions. This also applies to the production of unrefined steel and finished metal products in Ukraine. Along with this, the Sozidatel company from a warehouse in Dnipro…
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US finished steel imports to drop 14% - AISI forecastThe American Iron and Steel Institute (AISI) predicts a significant decline in the country's finished steel imports during the current year. The estimates provided by the association are based on the most recent steel imports data for the current year. The country is likely to see a 14.3% decline…
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China's finished steel production exceeded 1 billion tonnes in January-OctoberThe National Development and Reform Commission announced the performance of the Chinese steel industry in January-October 2019. According to the National Bureau of Statistics, from January to October, the national production of pig iron, steel and finished steel amounted to 675.18 million tons…
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Italian government has a chance to negotiate with ArcelorMittal IlvaAfter the Milan court adjourned the hearing on ArcelorMittal's lawsuit to terminate the acquisition of the former ILVA group and its troubled plant in Taranto, Ilva attorney Enrico Castellani and ArcelorMittal attorney Ferdinando Emanuele said that “there is a basis for negotiations. to the…
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Tata Steel Europe starts negotiations with the European Workers' CouncilTata Steel Europe is working with its European Workers' Council to discuss further details on proposals for a transformation program designed to protect its long-term future. It aims to build a financially strong and sustainable European business that can invest the funds needed to accelerate…
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ArcelorMittal invests in a new sustainable development program in EuropeArcelorMittal announced plans to roll out a new sustainability program across Europe to ensure ResponsibleSteel certification for all of its ArcelorMittal Europe Flat Products sites. The 12-month program will enable each business to prove that our manufacturing processes meet strictly defined…
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German steel production fell in OctoberAccording to the German Steel Federation (WV Stahl), German steel production in October was about 3.3 million tonnes, down 6.8% from the same month last year. The decrease was due to a decrease in the volume of orders. Among them, production in blast furnaces fell 9% year on year to 2.2 million…
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