Metallurgy news
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How steel tariffs affected the supply of American factoriesThe American Iron and Steel Institute (AISI) reported a significant drop in steel shipments to American plants in September. Shipments by US steel mills were 7.812 million tonnes, down 7.5% from the previous month. In August this year, deliveries amounted to 8.442 million tons. However, shipments…
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TMK IPSCO opens a new line of external coating equipmentRussian manufacturer TMK, a market leader in tubular products for the oil and gas industry, has commissioned new coating equipment at its Wilder TMK IPSCO facility in North America. The coating protects the pipeline from corrosion and mechanical damage. The plant manufactures pipes up to 24 inches…
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World steel production will increase by 4.6 percent in 2018Global steel production is projected to grow 4.6 percent year-on-year to 1.79 billion tonnes in 2018. This significant increase was driven, in part, by the expected 6.3 percent gain in steel production in China. After the closure of unapproved facilities, the Chinese authorities can now obtain a…
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Chinese steel fell in price to a monthly lowAmid concerns over rising supply of rebar futures in Shanghai, steel prices fell to their lowest level in a month on Thursday, driven by expectations that supply will rise as mills increase production amid softer production restrictions in the winter. China Steel and Steel Association data showed…
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Dneprospetsstal: production results in October 2018In October 2018, PrJSC Electrometallurgical Plant DNEPROSPETSSTAL named after I. A.N. Kuzmin ”delivered 21,968 tons of steel, which is 13.6% more than last month. During the same period, the Company produced 12,837 tons of rolled metal, which is 3.0% less than in September 2018. The total cost of…
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Interpipe expands supplies of railway tires to foreign marketsThe Ukrainian industrial company Interpipe plans to begin serial deliveries of bandages to the CIS countries from the 4th quarter of 2018. The bandages will be used to repair locomotive wheelsets. For the past few years, the main market for the Company's bandage products has been Ukrainian…
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Zaporizhzhya Iron Ore Plant denies information about the contamination of the territory of the Kirillovskaya OTGIn a number of media outlets there was information about the contamination of the territory of the Kirillovskaya OTG by the mine waters of Zaporizhzhya Iron Ore Combine. The press service of PrAT "ZZhRK" informed about the real situation with the diversion of mine waters of the enterprise, which…
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Poland's metallurgy faces high electricity pricesThe steel industry in Poland has theoretically good conditions for progress - the market is growing and consumption is growing too. But, if the situation on the world market allows breathing freely, then the problems are provoked by the EU rules and the indifference of the Polish government. Poland…
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US blames China and India for unfair welded pipe tradeThe US Department of Commerce said China and India subsidized large diameter welded steel pipes supplied to the United States. The department found that the two countries were selling pipes below fair value at rates ranging from 50.55 to 132.63 percent. In August, the US Department of Commerce in a…
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Low Automotive Steel Demand Impacts Voestalpine ProfitsAustrian steelmaker Voestalpine's net profit fell 19 percent in the first half of the year, driven largely by lower demand for steel from automakers, maintenance work on its largest blast furnace and an unplanned closure of its US plant. Net income for the six months to September was € 316.2…
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