Metallurgy news
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China may increase production of stainless steel by 7 million tons in the next 3 yearsAccording to statistics from China, the overall growth in stainless steel production in China has increased strongly, especially in the 300 series. The rise in stainless steel production has also raised the level of stainless steel product inventories in China to a high level. Due to this trend…
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Thyssenkrupp Steel launches a series of tests on the use of hydrogen in a blast furnaceThyssenkrupp Steel this week launched a series of tests on the use of hydrogen in a blast furnace during normal operation. At the start of the test, hydrogen was injected through one of 28 tuyeres of blast furnace No. 9 in Duisburg. The start button was symbolically pressed by the Minister of…
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MMK to build a new steel cord production plantAccording to reports, the Russian steel plant MMK planned to invest 2.5 billion rubles. In the construction of a new plant, mainly for the improvement of automobile tires and other technical purposes. The construction was expected to generate 250 jobs and produce 35,000 tonnes of high value-added…
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POSCO launches innovative steel gradePOSCO launched Innovilt, an integrated structural steel grade that combines innovation, value and quality, embodying sustainable and forward-looking structural steel technologies widely used in the construction industry. POSCO said it decided to create an integrated brand so that construction…
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AK Steel Ashland ceased operations in the USAAK Steel has announced that it has officially ceased production at Ashland Works. The plant released its steel on November 11, marking the end of the integrated steel mill. Ashland Works has been idle for nearly three years, with the exception of one hot-dip galvanizing line with an estimated…
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HRC market in Vietnam is boomingAccording to the news last week, imports of hot rolled coils (HRC) in the Vietnamese market have been active, with about 3-4 million tonnes being made from India. Vietnamese buyers were very interested in lowering prices at Indian factories. However, due to the strict policy of limiting production…
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Dneprospetsstal celebrates the 50th anniversary of vacuum arc remelting technologyThe vacuum department of SPC-5 of Dneprospetsstal produces unique alloys that are used in many industries, including rocket and space technology. “We are proud that the name of our Company has often become synonymous with such a thing as“ the first in the world ”. Vacuum-arc, electroslag remelting…
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Chinese firm rescues British metallurgy?The threat of a cataclysm in the troubled UK steel industry - the collapse of the second largest producer British Steel - has now been averted. Chinese steelmaker Jingye has agreed to buy the sick company, the UK government confirmed today (Nov 11), ending weeks of uncertainty during which it…
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Update on the modernization of ArcelorMittal Kryvyi RihDespite the reduction in cash flows, ArcelorMittal in Kryvyi Rih maintained a high level of investment in modernization between January and September 2019. The mill spent US $ 282 million in 9 months and expects investments to reach US $ 390 million in 2019. Some of the major projects include the…
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ArcelorMittal SA closes steel plantAfrica's largest steel mill, ArcelorMittal SA, decided to relocate its operations in Saldanha for maintenance following an operational review, and the group concluded that Saldanha had lost its structural competitive price advantage, mainly due to high raw material costs. and regulated prices…
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