Metallurgy news
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US Steel announces layoffs at Michigan plantPittsburgh-based Steel Steel has announced a layoff at its Great Lakes steel mill in Michigan. The company has issued Worker Adjustment and Retraining Notices (WARN) to fewer than 200 employees at the plant. This follows from the company's decision to stop production at the plant. The layoffs at…
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Workers' unions unite and communities welcome British Steel DevelopmentUnite, the largest union in the UK and Ireland, has welcomed the announcement that Turkish Armed Forces Fund Oyak has entered into negotiations with Ernst and Young's administrators to buy British Steel, which was forcibly liquidated in May. Harish Patel, National Steel Officer for Unite, said…
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Analysis: China's steel production growth in line with domestic real estate demandChina's apparent steel consumption rose 8.9% year-on-year to 526.76 million tonnes in January-July and will be robust enough to cope with the rise in steel production this year, according to S&P Global Platts estimates. Consumption growth has been growing in tandem with the start of new real estate…
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UK Steel Sector Indicators Remain WeakUK Steel has released performance data for the UK steel sector for 2018. Callanish notes that, especially with the recent British Steel developments, this is quite inconvenient for the domestic steel segment. Steel production in the UK last peaked in 1997, the same year New Labor won the election…
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Production results of the metallurgical sector of Ukraine in July and for 7 months of 2019General performance indicators of MMC in July and for 7 months of 2019 In July 2019, it was produced: pig iron - 1,650,000 tons (108% relative to June 2019) steel - 1,780,000 tons (108%); rolled products - 1,510,000 tons (101%). For 7 months 2019 produced: iron ore concentrate - 36,920,000 tons…
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Steel production in China exceeded 85 million tonnes in JulyChina's steel production in July 2019 rose 5% year-on-year to 85.22 million tonnes, according to data released by the Bureau of Statistics on August 14. Steel production in January-July 2019 increased by 9% yoy to 577.06 million tonnes. Steel production rose 9.6% YoY to 105.82 million tonnes in…
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US steel production increased slightlyThe weekly U.S. steel output reported modest gains for the week ending August 10, 2019 over the previous year. This is in line with the latest weekly production statistics published by the American Iron and Steel Institute (AISI). In addition, production for the week decreased compared to the…
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Steel plant in Rwanda closes due to harmful emissionsThe New Times Rwanda reported that the Rwandan Environmental Protection Agency has closed SteelRwa, an air pollution steel mill. Ms Coleta Rouhamia, CEO of REMA, told the Sunday Times that the Ruamagan plant emits harmful gases. Ms Rukhamya said the environmental authority had warned the factory…
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Stainless steel production in China up 3.7% in JulyChina's stainless steel production in July was 2.53 million tonnes, up 3.71% over June and 18.65% in July 2018. Higher margins have forced stainless steel mills to increase production from Series # 300 at the expense of Series # 400. It says production of # 300 stainless steel was up 3.91% from the…
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Tata Steel reorganizes subsidiaries in India and EuropeTata Steel has embarked on a restructuring and simplification of its group structure by downsizing and reorganizing its subsidiaries in Europe and India. Mr. T.V. Narendran, CEO of Tata Steel, said: “We have about 300 subsidiaries in Europe. The clean-up has already begun and we hope to reduce it…
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