Metallurgy news
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Chinese Jingye acquires British SteelJingye Group, a private Chinese steelmaker, has completed its acquisitions of British Steel's assets in the UK and the Netherlands from British Steel's official successor and will expand the company's steelmaking capacity by moving to a steelmaking electric arc furnace at Teesside, Jingye announced…
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Baowu is the largest steel producer in the world in 2019Steel giant China Baowu Steel Group announced Wednesday that it has surpassed Luxembourg-based ArcelorMittal to become the world's largest crude steel producer in 2019. Baowu's annual crude steel production reached 95.22 million tonnes last year, up from 89.8 million tonnes reported by…
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New Zealand steel mill reports coronavirus casesNew Zealand media reported that the New Zealand Ministry of Health has confirmed the fourth positive test for the Covid-19 coronavirus in New Zealand. New Zealand Steel has confirmed that the person is an employee of the Glenbrook plant. CEO Gretta Stevens said: “We are pleased to announce that the…
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Coronavirus and steel - no news, is that good news?The European and American steel industries have yet to report any major incidents related to the so-called coronavirus. According to the European Steel Association (EUROFER), the virus has not yet had a significant impact on the EU steel market. “Steel producers in the EU can supply products from…
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Future EU-UK partnershipStarting this week in talks on the future of EU-UK relations, the European Producers Association has been urging both sides to reach the most comprehensive agreement possible. The European steel industry, its suppliers and end-users, need smooth trade in a stable environment, mutual market access…
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Metalloinvest modernizes electric arc furnaces in the UralsMetalloinvest has completed the modernization of electric arc furnaces (FMF) as part of the comprehensive strategic development program for Ural Steel in the electric arc furnace shop of the plant. The furnaces were commissioned after refurbishment using the unique flexible modular furnace…
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Dniprovsky MK increased output of marketable products by 6.3%Dneprovsky Iron and Steel Works (DMK, Kamenskoye) by the end of February 2020 produced 191,983 tons of marketable products, exceeding the monthly target by 3.6%. Since the beginning of the year, the output of marketable products amounted to 420 812 tons (+ 6.3% to the plan). The plant's economic…
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Jingye will acquire British Steel on March 9The sale of British Steel to China's Jingye will be completed on Monday 9 March. The Jingye Group has announced its agreement to move to complete the purchase of British Steel from the Official Receiver. It says: “Completion will take place on 9 March, saving 3,200 highly skilled jobs in…
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ArcelorMittal and Ilva Commissioners Reach AgreementArcelorMittal and the Ilva smelter commissioners are set to sign an agreement on Wednesday, ending a four-month dispute over the future of the plant in southern Italy. ArcelorMittal lawyer Ferdinando Emanuele and Ilva ombudsman lawyer Enrico Castellani told the agency that the agreement will be…
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Production results of MMC of Ukraine in February and two months of 2020In February 2020, metallurgical enterprises of Ukraine produced: 1.60 million tons of pig iron, which is 7.5% lower than in January 2020, 1.69 million tonnes of steel, down 8.3% 1.46 million tonnes of rolled metal products, which is 2.8% lower. First two months of 2020 produced by: 3.33 million…
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