Metallurgy news
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Protest at ArcelorMittal plant in South AfricaAround 50 people rallied outside the Saldanha steel mill on Thursday to protest the phased closure of ArcelorMittal's South Africa plant. The picket participants chanted "We need steel!" And they held posters that read: "We Can't Pay School With Fish" and "Ghost Town on the West Coast." Sammy…
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Japan fell to 4-month low due to typhoons and firesSteel production in Japan has been steadily declining since July, reaching a fourth-month low in October. Steel production in October fell to 8.16 million tonnes, down 4.9% year on year, as some factories remained closed due to typhoons and fires. Nippon Steel Corp, Japan's largest steelmaker…
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EUROFER calls for support of metallurgists and jobs in the EUOn the eve of the trade meeting of the Foreign Affairs Council, the European Manufacturers Association began to urge the Commission to once again consider the issue of protecting metallurgy. This should protect the sector from steel shipped to Europe, given US Section 232 tariffs and strong global…
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Italian HRC Prices RiseItalian domestic hot-rolled steel supplies are finally on the rise as producers aim for a price increase of € 20 /t ($ 22 /t) from the beginning of the month, market sources said. While the market has been particularly slow, buyers are now experiencing some pressure from less availability…
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Steel production in Turkey fell in OctoberAccording to the Turkish Iron and Steel Association (TCUD), steel production in Turkey in October was about 2.7 million tonnes, down 1.7% from the previous month, also down 15% from the same month. a year ago. Overall, electric furnace production declined 18.5% year-on-year, while blast furnace…
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Pig iron prices rise in BrazilBrazilian iron market players have increased their offers since the beginning of November. They were driven by increased demand and low availability of the material in the market. “The demand for pig iron is growing in the Brazilian market. Most manufacturers have raised prices while watching the…
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India to retaliate against US at WTO on steel dutiesIndia may retaliate against the US based on issues that have already been resolved by the World Trade Organization's compliance team in favor of India in a dispute over countervailing duties on steel imports. This can happen if Washington does not appeal the decision, which it can do within the…
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ArcelorMittal is ready to offer a conditional solution for IlvaArcelorMittal is developing a plan to reaccept the 2018 agreement on the troubled Ilva plant, under which it acquired the troubled Ilva steel plant in southern Italy on three terms. According to the report, after withdrawing from the contract, ArcelorMittal is developing a proposal for the Italian…
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Tata Steel Europe will cut 3,000 jobsTata Steel outlined proposals for a transformation program in Europe. It says: “The program is essential for businesses to thrive despite severe market disruptions that have led to a sharp decline in profitability. At the same time, it aims to provide the foundation for the investment needed to…
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Iran aims to further increase steel production capacityCurrently, Iran's total crude steel production is about 62% of the total in the Middle East. Reza Rahmani, Iran's Minister of Industry, Mines and Business, noted that Iran continues to seek to further increase its share of steel production in the Middle East. Last year, global steel capacity growth…
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