Metallurgy news
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Turkish factories may suspend production of valvesAccording to the International Association of Exporters and Manufacturers of Fittings (Irepas), Turkish factories may suspend production in the coming months due to reduced export opportunities and the "... disappearance" of domestic consumption. The US Congress is not going to vote for a new USMCA…
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US coal consumption in 2018 will be the lowest in 39 yearsThe EIA expects total U.S. coal consumption in 2018 to fall to 691 million tonnes (MMst), down 4% from 2017 and the lowest level since 1979. US coal consumption has been declining since its peak in 2007, and the EIA predicts that coal consumption in 2018 will be 44% lower than in 2007, mainly…
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Prospects for China's MetallurgyChina's steelmakers face their biggest test in three years as gloomy outlook for demand drives prices down and lowers margins. The world's largest steel market is cooling as the country's economy fluctuates amid internal pressures and the risk of a trade conflict with the United States increases…
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UK steel sector hit by electricity costs and BrexitBritish steelmakers pay twice as much for electricity as their French competitors and 50 percent more than their German competitors, according to an industry report. The pressure on the sector is mounting as the UK prepares to leave the European Union. A report produced by the UK Steel industry…
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AISI Welcomes Signing of New USMCA Trade AgreementAISI praised the hard work on the part of the US administration to reach a new trade agreement. The American Iron and Steel Institute (AISI) issued a statement in response to the formal signing of the United States of America, Mexico and Canada Agreement (USMCA). The official signing of the…
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World steel production from the beginning of the year to October grew by 4.7%Total steel production in 64 worldsteel countries closed at a significantly higher level in the first ten months of 2018 compared to the previous year. Production during this period increased by 4.7% compared to the previous year and amounted to 1.502 billion tons. This is compared to production of…
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Production results of metallurgists of Ukraine for November and 11 months of 2018In November 2018, metallurgical enterprises of Ukraine produced: • 1.695 million tonnes of pig iron, which is 5% lower than in October 2018; • 1.74 million tonnes of steel, down 2%; • 1.47 million tonnes of rolled products, down 4%. During 11 months of 2018, it was produced: • 18.78 million tons of…
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PJSC ArcelorMittal Kryvyi Rih presented an eco-monitoring system at Waste Air & Gas Management 2018Within the framework of the international exhibition of equipment and technologies for cleaning urban and industrial emissions, dust and gas treatment - Waste Air & Gas Management 2018 - Director of the Environmental Protection Department of ArcelorMittal Kryvyi Rih PJSC Liana Maksimenko shared her…
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Nucor announces acquisition of Mexican steel millNucor Corporation, the parent steel component manufacturer in Charlotte, North Carolina, has announced its decision to expand its presence in Mexico through a new acquisition. In a press release, the company announced the acquisition of the steel company Corporacion POK, SA de CV (POK). Commenting…
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Baowu Group launches a project with a production capacity of 20 million tons per yearA Chinese steel company begins construction of a 20 million ton high-grade steel plant in a coastal city in eastern China. The move comes when the government relocates coastal steel mills from cities to help reduce air pollution. The new project will be located in Yancheng City in the central…
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