Metallurgy news
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Israel buys Greek steel company Hellenic SteelIsraeli Prime Minister Benjamin Netanyahu's cousin, Nathan Milikovsky, invested in the massive Greek steel conglomerate this year, while the prime minister pushed for a gas pipeline deal with Greece and Cyprus. According to the report, at the end of June, Milikovsky's company Jordan International…
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The second blast furnace was blown out at the Dnieper steel plantPJSC "DMK" will operate with two blast furnaces after the commissioning of BF No.9 after scheduled repairs and unscheduled downtime. Blast furnace No. 9 was launched at PJSC "Dneprovsky Metallurgical Plant" (DMK) on Monday, November 25. As reported at the enterprise, on November 24, the raw…
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Severstal completes modernization of Izhora Pipe PlantIn 2019, Severstal invested about 1 billion rubles in the modernization of the Izhora Pipe Plant for the production of electric-welded pipes with a diameter of 508 mm. At the Izhora Pipe Plant, the modernization of technological equipment was completed, including an edge banding press, an assembly…
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China is increasing coal productionDespite a global call to cut emissions, China is increasing its coal production. Although the share of coal in the country's total energy supply fell from 68% in 2012 to 59% last year, absolute fossil fuel consumption continued to rise. Less than four years after China pledged to limit its use of…
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India may face iron ore shortage next yearMost of India's iron ore leases expire on March 31 next year, according to the news, and the industry is currently concerned that this will jeopardize the supply of raw materials. India may face a severe 50 million tonne iron ore shortage between 2020 and 2021, which will have a strong impact on…
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Protest at ArcelorMittal plant in South AfricaAround 50 people rallied outside the Saldanha steel mill on Thursday to protest the phased closure of ArcelorMittal's South Africa plant. The picket participants chanted "We need steel!" And they held posters that read: "We Can't Pay School With Fish" and "Ghost Town on the West Coast." Sammy…
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Japan fell to 4-month low due to typhoons and firesSteel production in Japan has been steadily declining since July, reaching a fourth-month low in October. Steel production in October fell to 8.16 million tonnes, down 4.9% year on year, as some factories remained closed due to typhoons and fires. Nippon Steel Corp, Japan's largest steelmaker…
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EUROFER calls for support of metallurgists and jobs in the EUOn the eve of the trade meeting of the Foreign Affairs Council, the European Manufacturers Association began to urge the Commission to once again consider the issue of protecting metallurgy. This should protect the sector from steel shipped to Europe, given US Section 232 tariffs and strong global…
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Italian HRC Prices RiseItalian domestic hot-rolled steel supplies are finally on the rise as producers aim for a price increase of € 20 /t ($ 22 /t) from the beginning of the month, market sources said. While the market has been particularly slow, buyers are now experiencing some pressure from less availability…
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Steel production in Turkey fell in OctoberAccording to the Turkish Iron and Steel Association (TCUD), steel production in Turkey in October was about 2.7 million tonnes, down 1.7% from the previous month, also down 15% from the same month. a year ago. Overall, electric furnace production declined 18.5% year-on-year, while blast furnace…
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