Metallurgy news
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Sanzheev Gupta renews interest in metallurgical plant in Port TalbotSteel entrepreneur Sandjiev Gupta said he intends to acquire a metallurgical plant in Port Talbot if the business is put up for sale. In an interview with Moneycontrol, steel mogul Gupta, who is the executive chairman of the Liberty Steel Group, said he would consider an acquisition if Port Talbot…
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Severstal ships 100,000 tonnes of iron ore pellets to a Brazilian companyKarelsky Okatysh, a division of PJSC Severstal and a leading Russian iron ore mining and processing plant, has supplied iron ore pellets to Brazil for the first time in its history. More than 100,000 tonnes are supplied to Companhia Siderurgica Nacional, the largest fully integrated steel producer…
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Tata Steel highlights potential for domestic steel market in IndiaIndia-based Tata Steel spoke about the potential of the domestic steel market in India. By participating in the India Post-COVID-19 Series of Webinars hosted by IIM Indore and the Free Press Journal, T.V. Narendran, CEO and Managing Director, Tata Steel noted that India is currently a producer and…
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POSCO Delays Blast Furnace Launch AgainSouth Korean steelmaker POSCO has again postponed the resumption date for its third blast furnace due to the global recession caused by the coronavirus pandemic. POSCO had planned to reopen the third blast furnace in Gwangyang at the end of May after repairs and maintenance, but it postponed the…
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MMK integrates Lysva Metallurgical Plant into its corporate information systemMMK Group has successfully completed the next stage of a large-scale project to transfer key Group organizations to a single corporate information system based on Oracle E-Business Suite. On July 1, 2020, MMK, together with Oracle, put into commercial operation the MMK-Lysva Metallurgical Plant…
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Metinvest will cooperate with BSTDBMetinvest announced that the Group is in the final stages of negotiations with the Black Sea Trade and Development Bank regarding a seven-year € 62 million credit line approved by the BSTDB Board of Directors. Metinvest plans to use the funds to implement the investment program and replenish…
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Coal imports are still vital to the German metallurgy industryThe production of electricity in Germany by burning coal has dropped significantly over the past couple of years. The government's resolve to move away from coal as an energy source no later than 2038 as part of a larger climate protection program will inevitably accelerate this trend. The country…
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The world's longest suspension bridge will connect Europe and AsiaThe Canakkale 1915 Bridge, slated to open in 2023, will first become a steel infrastructure spanning the Dardanelles, which separates the European and Asian continents. While the Turkish government is undertaking an ambitious infrastructure investment program, parts of the country are being…
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Naveena Group to Build Environmentally Friendly Plant at Qasim Port in KarachiThe Naveena Group, a conglomerate that focuses on wind energy and other business sectors, on Sunday announced the launch of Naveena Steel, its green steel plant located in the port of Qasim in Karachi. The group will showcase Pakistan's first induction heating system at its Italian plant, using…
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UK government grants emergency loan to Celsa SteelThe UK government has provided an emergency loan to Celsa Steel to enable the company to continue trading and provide over 1,000 jobs. As part of the loan, which is expected to be fully repaid, the company must meet a number of legally binding conditions. These include commitments to protect jobs…
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