Metallurgy news
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Dneprospetsstal: Successful unloadingIn connection with the increase in the volume of incoming metal in the heading shop of Dneprospetsstal, the enterprise decided to expand the area for unloading trucks and railway cars. Naturally, under the newly cast concrete platforms, a larger number of special equipment is needed - reloaders…
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ArcelorMittal postpones temporary shutdown of Krakow Steel WorksArcelorMittal announced its decision to postpone the previously announced temporary closure of its blast furnace and steel mill in Krakow, Poland. The decision followed protests from workers representing unions at the plant. It should be noted that about a thousand protesting workers picketed the…
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US Steel has lost 70% of market capitalization since tariffs were introducedUS steelmakers assess the Trump administration's steel tariffs and think, "Be careful what you wish for." Several news outlets reported that tariffs boosted production in the United States at a time when global demand was falling, resulting in lower prices. While companies with more efficient…
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Positions of Ukraine in the global production of iron and steel in the first half of 2019Pig iron production results According to Worldsteel, for 6 months of 2019, metallurgical enterprises of the countries of the world smelted 681 480 thousand tons of pig iron, of which 636 870 thousand tons by the blast furnace method and 44.610 thousand tons by the direct reduction method. These…
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Metinvest Group invests in upgrading the equipment of the oxygen shopThe oxygen shop of the Azovstal steel plant of Metinvest Group is undergoing a planned modernization of equipment with an investment of UAH 30 million for the current year. At the moment, an air separation unit (VRU-60) has been commissioned, the repair of the air compressor is nearing completion…
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Dneprospetsstal replaced the chairman of the boardThe Management Board of PJSC "Dneprospetsstal" informs the counterparties, government agencies and all interested parties about the change in the composition of the officials of CJSC "DNEPROSPETSSTAL". On July 24, 2019, the Supervisory Board decided to terminate the powers of Vitaly Nikolayevich…
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Total U.S. finished steel imports declinedData released by the American Iron and Steel Institute (AISI) for June 2019 shows that the United States imported a total of 2.03 million tonnes of steel, including 1.71 million tonnes of finished steel, down 2.5% and 8.3 % respectively compared to the final data for May). In the first six months…
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Results of rolled metal production in Ukraine for the first half of 2019During 6 months of 2019, Ukrainian metallurgical enterprises produced 9,420,000 tons of rolled metal (101.9% compared to the same period in 2018), of which about 8,110,000 tons, or 86.1%, were exported. In the same period in 2019, the share of exports was about 84.6% (7,820,000 tons with a total…
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European steel markets face growing pressureEuropean steel markets are facing growing pressure from weak demand, market protectionism and persistently high prices for iron ore and coking coal, analysts at S&P Global said. While steel capacity is currently being cut as ArcelorMittal announced production cuts of 4.2 Mtpa, this may not be…
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Strategic partnership agreement between NLMK Group and LTC GroupNLMK Group signed a long-term strategic partnership with LTC Group, Italy and the Middle East, a leading European manufacturer of components for transformers and power generation devices. Under the agreement, NLMK Group companies in Lipetsk and Yekaterinburg will regularly supply grain and…
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