Metallurgy news
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Moody's changes Tata Steel's outlook to negativeMoody's Investors Service has affirmed the rating of Tata Steel Ltd., a family-owned company Baata. at Ba2 and revised its outlook to Negative from the pending ratings. At the same time, Moody's has affirmed B3 CFR of Tata Steel UK Holdings Limited, a wholly owned subsidiary of Tata Steel, and…
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SMS Group completes modernization of a plant at ArcelorMittal AsturiasSMS Group has successfully brought back into operation a 2-strand slab plant no. 2 at ArcelorMittal Asturias in Aviles, Spain, following the completion of a comprehensive refurbishment. Thanks to the update carried out by SMS group, the continuous caster can now produce slabs with a thickness of…
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Toyota will buy critical rolled metal from China's BaowuToyota Motor will buy some of its electrical sheet from China Baowu Steel Group, China's largest steel supplier, which may herald an era when Japanese steelmakers will be forced to compete in both price and quality. Steel sheet is a highly efficient product and an essential material for electric…
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Graz physicists study the behavior of steel aboard the ISSFor many years, the Institute for Experimental Physics at the Graz University of Technology in Styria in Austria and the Styrian industrial company Böhler Edelstahl have been conducting joint research on the surface tension and temperature dependence of various types of steel. The focus is on steel…
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Unions urge government to use UK Steel in infrastructure projectsThree UK steel unions, Unite, GMB and Community, have launched a joint campaign for the future of the UK steel industry. Through Britain's We Need Our Steel Campaign, unions are calling on Boris Johnson to announce an infrastructure and investment program to help the country recover from the…
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Dneprospetsstal improves cargo transportationThe company has begun the implementation of a strategic investment project - the construction of a weighing terminal and the installation of modern railway scales at the Zaporozhye-Levoe warehouse block. The weighing terminal will improve the transport and technological scheme of shipment, reduce…
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Tata Steel reports 37% drop in steel production in India in April-Juneata Steel announced that “Total production and sales in 1Q2011 were lower as the outbreak of COVID-19 and the resulting mobility restrictions have somewhat impacted manufacturing activity and consumer sentiment across all regions. In India, our upstream capacity utilization was adjusted to around…
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Russian steel companies could benefit from exportsRussia is one of the largest steel exporters in the world, delivering goods to a wide variety of destinations. However, steel demand in all regions has declined as COVID-19 hit the world and most steel producers around the world have struggled. Unlike steel mills in other regions, Russian…
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European steel sheet exhibition EuroBLECH postponed to next yearEuroBLECH, one of the most important biennial exhibitions in the European steel sheet industry, will be postponed until March 9-12, 2021 after major exhibitors have left the event. Organizer Mack Brooks Exhibitions said the virtual summit will take place October 27-30 to provide exhibitors with a…
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Steel production in Ukraine decreased in January-JuneUkraine produced about 10 million tonnes of steel in the first half of 2020, reducing production by 7.6% compared to the same period last year. During the same period, Ukraine also produced 10 million tons of pig iron and 9 million tons of steel products, down 2.6% and 4.7% year on year…
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