Metallurgy news
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China's finished steel production exceeded 1 billion tonnes in January-OctoberThe National Development and Reform Commission announced the performance of the Chinese steel industry in January-October 2019. According to the National Bureau of Statistics, from January to October, the national production of pig iron, steel and finished steel amounted to 675.18 million tons…
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Italian government has a chance to negotiate with ArcelorMittal IlvaAfter the Milan court adjourned the hearing on ArcelorMittal's lawsuit to terminate the acquisition of the former ILVA group and its troubled plant in Taranto, Ilva attorney Enrico Castellani and ArcelorMittal attorney Ferdinando Emanuele said that “there is a basis for negotiations. to the…
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Tata Steel Europe starts negotiations with the European Workers' CouncilTata Steel Europe is working with its European Workers' Council to discuss further details on proposals for a transformation program designed to protect its long-term future. It aims to build a financially strong and sustainable European business that can invest the funds needed to accelerate…
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ArcelorMittal invests in a new sustainable development program in EuropeArcelorMittal announced plans to roll out a new sustainability program across Europe to ensure ResponsibleSteel certification for all of its ArcelorMittal Europe Flat Products sites. The 12-month program will enable each business to prove that our manufacturing processes meet strictly defined…
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German steel production fell in OctoberAccording to the German Steel Federation (WV Stahl), German steel production in October was about 3.3 million tonnes, down 6.8% from the same month last year. The decrease was due to a decrease in the volume of orders. Among them, production in blast furnaces fell 9% year on year to 2.2 million…
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Posco plans to expand a joint venture in IndonesiaSouth Korean Posco is expected to increase its investment in Krakatau Steel following the signing of the Comprehensive Economic Partnership Agreement (CEPA) between South Korea and Indonesia. PT Krakatau Posco is a joint venture between Posco and PT Krakatau Steel. On Monday, the two countries…
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EU suspects Chinese steel exporters of tariff evasionThe European Commission (EC) has announced a new investigation into China's changing steel export grades to evade anti-dumping (AD) duties. These modifications included adding a thin oil coating to the products or increasing the carbon, aluminum and titanium content. The EU said Chinese…
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DNEPROSPETSSTAL recertified duplex and stainless steel rodsAt the DNEPROSPETSSTAL plant, recertification of the production of hot-rolled and forged bars from duplex steel grade UNS S31803 (03Х22Н5АМ3) and stainless steel grades 316, 316L for compliance with the requirements of the NORSOK 650 standard was passed. resistance to aggressive environments and…
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Major steel companies made millions from the climate crisisThe reductions in emissions by companies associated with the EU's quota trading system have been quite impressive, but recent progress has been made mainly in the energy sector. This makes the bloc's goal of achieving climate neutrality by 2050 - something that ThyssenKrupp and others have joined -…
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China Steel cuts steel prices for the first quarter of next yearChina Steel Corp announced that it will cut steel prices by an average of 3.03 percent domestically in the first quarter of next year to boost market demand and help buyers close inventories. Steel sheet prices will be reduced by USD 38.47 per ton. The company will also cut prices for hot-rolled…
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