Metallurgy news
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Thyssenkrupp will continue to implement its restructuring planCFO Klaus Keiberg said at a press conference that German steel mill Thyssenkrupp is still operating at "more than 60%" capacity, reiterating that there is no update on the joint venture or sale while negotiations are underway with unknown partners. Thyssenkrupp did not elaborate on plans for the…
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Dneprospetsstal successfully passed QMS recertification auditAt the beginning of August, at our Enterprise, the auditors of TÜV "Thüringen" (Germany) conducted a recertification audit for the compliance of the plant's production and management processes with the requirements of the international standard ISO 9001: 2015. The ISO 9001: 2015 certificate…
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The US-China trade war did not greatly affect trade in the Asian steel marketThe trade war between the United States and China has not seriously affected Malaysia's trade performance with both countries, even though it has affected the global economy. The Ministry of International Trade and Industry (MITI) reported that Malaysia's trade with the United States in…
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Steel and chemical companies prepare for decarbonizationSteel and chemical companies - two of the worst greenhouse gas emitters - say they have clean alternatives under development, but they need government policies that won't undermine their efforts. "Policy is very important," said Andreas Bode of BASF, the world's largest chemical company, "as…
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US Steel posts net loss in Q2 2020 reportThe Pittsburgh-headquartered United Steel Corporation (US Steel) reported a net loss of $ 589 million, or $ 3.36 per share, during the second quarter of 2020. Adjusted net loss was $ 469 million, or $ 2.67 per share. This is compared to the second quarter of 2019, net income of $ 68 million, or $…
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Global stainless steel production hits 4-year lowGlobal stainless steel production is projected to reach 47.2 million tonnes per year in 2020. After four years of continuous growth, this would represent a drop of nearly 10 percent from last year. The slowdown is mainly due to the Covid-19 pandemic and measures taken by authorities around the…
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Reconstruction of the sinter plant is nearing completion at the Illichivsk Metallurgical CombineIlyich Iron and Steel Works in Mariupol is close to completing one of the largest environmental projects in the history of independent Ukraine - the reconstruction of an agglomeration plant. Italian specialists arrived on site to install the software and conduct cold and hot tests of the dust…
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Steel production in Europe decreased by 19% in the first half of 2020The top three steel producing countries in the region include Germany, Italy and France. European crude steel production reported a significant decline in June this year, which is largely in line with the drop in global steel production. According to the World Steel Association (worldsteel), during…
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Steel production in Asia declines significantly in the first half of the yearAll countries in the region, except China and Vietnam, recorded a decline in production. Crude steel production in the Asian countries represented by the World Steel Association (worldsteel) fell slightly this June by 2.3% compared to the same month a year earlier. The monthly production data shows…
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NLMK confirms compliance with standardsNLMK Group, which claims to be the largest steel producer in Russia and one of the most efficient in the world, has completed a subsequent audit of its management systems in the areas of environmental protection, occupational health and safety, and energy efficiency. In the face of the COVID-19…
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