Metallurgy news

• Azerbaijan starts exporting steel The Azerbaijani steel producer, Azerbaijan Steel Production Complex (ASPC), reports that the country is starting to export steel, transforming from importing steel products to exporting them. According to the management of ASPC, this process will contribute to improving the efficiency of the... 06.07.2015  14:42

• POSCO reaches 800 million tonnes of steel output South Korean steel company POSCO said it has crossed over 800 million tonnes of steel products in nearly 43 years since production began in 1972. POSCO has contributed to the industrialization of Korea over the past 43 years and continues to support the country's overall economic growth. By... 06.07.2015  11:45

• Reducing the price of sponge iron The fall in the price of iron ore, coal and steel led to a decline in the price of sponge iron. Continuing weak demand from the steel industry in June pushed the price of sponge iron down 6 percent, bordering on production costs. Experts believe that the price of raw materials used to make steel... 06.07.2015  10:24

• ArcelorMittal named the best manufacturer of automotive steel ArcelorMittal has been named the best supplier of premium steels for the automotive industry by global automaker PSA Peugeot Citroën. The award was received by the company for introducing the ArcelorMittal Fortiform range of high-strength cold forming steels, which has enabled automakers to achieve ... 05.07.2015  14:15

• Malta shipyard to become a marine hub An investment of around 55 million euros is intended to transform the former Malta shipyard into a service center for the oil and gas industry. This will benefit from a growing business in the Mediterranean region. The government was keen to meet the requests for a 175,000 square meter facility in... 05.07.2015  13:33

• Global aluminum production continues to grow - IAI Global aluminum production has continued its upward trend since the end of last year, according to statistics from the International Aluminum Institute (IAI). Even considering that production declined slightly in April, output started to rise strongly from May. China and the Cooperation Council... 04.07.2015  13:52

• Outokumpu continues modernization work with SMS Group Outokumpu Nirosta, as part of the modernization of its SG 3 cold rolling mill in Krefeld, Germany, has placed another order with the world renowned machine and complete plant manufacturer, SMS Group. The refurbishment will also cover the existing lubrication system. The Outokumpu Group is one of... 04.07.2015  13:35

• Iran wants to raise duties on steel imports from China Iranian steel companies have asked the government to raise import duties on some steels to 40 percent as cheap sales have skyrocketed around the world, mainly from the largest steel producer, China. Steel exports from China are up nearly 30 percent this year from a record high last year, despite... 04.07.2015  12:36

• China's steel production continues to decline amid rising exports In the first five months of 2015, crude steel production in China was 340.170 million tonnes, down 1.6 percent year on year, according to a statement from the China National Development and Reform Commission (NDRC). And the June growth rate is 4.3 percentage points lower than in the same period... 03.07.2015  19:11

• EVRAZ modernizes the Regina steel plant in Canada Primetals Technologies has been awarded an order to modernize the EVRAZ steel plant in Canada. The project covers a full range of solutions for the improvement of mechanical equipment, electrical equipment and production automation in order to improve the quality of products, from the liquid steel... 03.07.2015  13:53