Metallurgy news
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Fierce competition in the growing steel market in Southeast AsiaIn many parts of the world, the outlook for steel demand growth is rather modest. However, the region that continues to resist this trend is Southeast Asia. This area is a steadily developing market. All ASEAN countries recorded positive growth in 2018 - with similar forecasts expected this year…
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British Steel receives multiple asset acquisition bidsTroubled steelmaker British Steel has received a series of applications that are being reviewed by administrators while production continues. The application deadline expired at the end of last week. Local media reported last week that Network Rail, JSW, Hesteel Group, Baowu, Liberty, Evraz and the…
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US Steel Invests $ 200 Million to Upgrade Coke PlantUnited States Steel Corporation announced that it has reached an agreement with the Allegheny County Health Department to resolve the company's battery compliance enforcement order appeal at the Clairton plant in Clairton, PA. Under the terms of the agreement, US Steel has invested approximately $…
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Ukraine introduced anti-dumping duty on Russian and Chinese rolled metal productsThe Ministry of Economic Development and Trade of Ukraine has completed an anti-dumping investigation into the import of anti-corrosion coated steel products from Russia and China and concluded that there is evidence of dumping. The ministry's interdepartmental commission applied an anti-dumping…
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South American steel production up 2.1%The monthly production statistics published by the World Steel Association (worldsteel) point to a slight jump in South American steel production in May 2019. However, regional production remained lower during January-May 2019 compared to the corresponding five-month period in 2018. Steel…
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Thomas & Adamson Helps Build Largest Movable Steel Structure for ChernobylAn Edinburgh-based construction firm detailed the vital monitoring work it is undertaking on the former Chernobyl nuclear power plant in northern Ukraine. Thomas & Adamson leads a global team to monitor the construction of a new safe confinement, declared the largest movable steel structure created…
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US finished steel imports decreased by 18% in 5 monthsBased on final data, the American Iron and Steel Institute reported that the United States imported a total of 2,062,000 tonnes of steel in May 2019, including 1,853,000 tonnes of finished steel (up 38.2% and 9.3%, respectively). with April, respectively). final data). In the first five months of…
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China may increase steel productionChinese steel futures were higher on Monday. Steel demand in China's manufacturing sectors has become "very strong," according to expert Darwin Toh of Singapore-based data analyst Tivlon Technologies. “Tivlon Technologies is also showing an upbeat outlook on steel companies' margins over the next…
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North American steel production up 4.5%The American Iron and Steel Institute (AISI) released a weekly report on domestic steel production, showing capacity utilization as well as details on local production for the previous week. Domestic steel production reportedly totaled 1.873 million tonnes for the week ending June 22, 2019…
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Poor Steel Could Cause Building Collapse In Philippines: ExpertsBusiness Mirror reported that the recent surge in earthquakes that shook northwest Japan, southern China, the Flores region of Indonesia and several provinces of Mindanao has raised concerns among the Philippine steel industry authorities. The grave fears are that thousands of high-rise buildings…
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