Metallurgy news
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NSSMC Announces Factory OverhaulNippon Steel & Sumitomo Metal Corporation (NSSMC) has announced its decision to completely rebuild its railway wheel plant at its Osaka steel complex. The decision is in line with the theme set out in the 2020 Mid-Term Management Plan announced in March this year, which calls for strengthening the…
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Steel Tariffs Do Not Create New US JobsSteel tariffs imposed by Trump provide higher profits, as some domestic companies may expand operations to meet the additional demand created by tariffs, but this is unlikely to lead to significant employment growth. Since manufacturers have increased production efficiency to the point that a ton…
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Chinese steel company to build a plant in the PhilippinesChinese steel company Panhua Group Co Ltd has announced its decision to build a new integrated steel plant in the Philippines. The proposed project includes a port, an integrated steel plant with a capacity of 10 million tons, an industrial park and other processing facilities, which will be…
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Results of metallurgical enterprises of Ukraine in October and for 10 monthsMMC's performance indicators in October 2018 are as follows: Pig iron production amounted to 1.79 million tons, up 7% compared to September last year; Steel production remained at the level of the previous year and amounted to 1.79 million tons; Rolled steel output fell 2% to 1.53 million tonnes…
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Coal demand is increasingEven after the signing of the Paris climate agreement in late 2015, global coal demand rose for the first time in two years in 2017, according to the Paris International Energy Agency during its annual World Energy Outlook week. China consumes over 50% of the world's coal, while India uses about…
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ArcelorMittal Kryvyi Rih develops cooperation with BelarusIt is planned to increase trade and economic ties between Ukraine and Belarus due to the mutual growth of purchases of demanded products, as noted by the General Director of PJSC "ArcelorMittal Kryvyi Rih" Paramzhit Kalon during his speech at the Ukrainian-Belarusian Forum "Cooperation and…
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US Automotive Import Tariffs Will Destroy New USMCA DealSeveral automotive groups have warned that the introduction of tariffs on auto and parts is likely to undermine the new US-Mexico-Canada Agreement (USMCA). This is in line with the testimony of the auto trade groups at the hearing on the new deal, which should replace the NAFTA deal. The…
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Open-air museum of mining equipment opened in Kryvyi RihThe General Director of PJSC ArcelorMittal Kryvyi Rih, the Ambassador of Belarus to Ukraine and the Mayor of Kryvyi Rih have opened a museum of mining equipment. The open-air museum of mining equipment for all residents and guests of the city. Its opening was attended by the Ambassador of the…
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BHP highlights details of Pilbar train wreckThe BHP statement detailed the results of a preliminary investigation into the derailment of a train in Pilbar, but raised additional questions about the incident. Several crashes followed . Initial data indicate that the emergency air brake for the entire train was not activated as required by the…
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Good news for Australian minersPositive trends this year include a growing international metallurgical coal market, especially in Asia, and Australia is well positioned to meet demand. More than 40% of Australia's coal is expected to come from new mines in 2040. A new World Energy Energy report also says that increased demand…
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