Metallurgy news
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Indian Steel Demand Forecasted To Stronger In 2019In October 2018, a report released by the World Steel Association (worldsteel) predicts rapid growth in steel demand in India in 2018 and 2019. The country is likely to maintain a positive global demand for steel demand, which is expected to grow by 7.5% in 2018 and 7.3% in 2019. The country that…
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Outokumpu receives a shipment of radioactive scrap metal from the Netherlands and the Baltic StatesThe Outokumpu Torino steel mill in Finland has confirmed the presence of radioactive elements for the fourth time since July this year. According to a report from the Radiation and Nuclear Safety Authority STUK, radioactive material was found in a batch of scrap metal at the plant and the same was…
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Chinese steelworkers penetrate deeply into Korean steel marketChinese steelmakers are penetrating deeper and deeper into the Korean steel market, and Korean steelmakers are struggling to cope with rising US protectionism. There is the possibility of cheaper Chinese products expanding their share of the Korean steel market as increased orders from Korean…
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ArcelorMittal Kryvyi Rih is one of the largest employers in UkraineArcelorMittal Kryvyi Rih is ranked 15th in the overall rating of the TOP-200 largest employers in the country and is the leader among the largest employers among the mining and metallurgical enterprises of Ukraine. Currently, PJSC "ArcelorMittal Kryvyi Rih" employs over 20.5 thousand employees. And…
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American steel exports have grown since the beginning of the yearUS steel exports in the first eight months of 2018 increased by 25.39%, delivering US $ 492.53 million compared to US $ 392.8 million in the corresponding period in 2017. Mexico was the top trading partner in August this year, according to US data. Exports to this country increased significantly…
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Updated results of MMC of Ukraine for 9 months of 2018General indicators of mining and smelting production in September and for 9 months of 2018. According to the updated data, in September 2018 the following were produced: 1.67 million tons of pig iron, 1.79 million tons, 1.56 million tons of rolled metal. For 9 months of 2018, mining and…
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Prices for rolled metal in the coming months will be firmUgur Dalbeler, CEO of Turkish metallurgical company Colakoglu Metalurji, said that "prices will be solid in the coming months" and he is optimistic about the outlook for 2019, even when tariffs and trade barriers are in place around the world. Dahlbeler said this while speaking with S&P Global…
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Vale Iron Ore Mining Increases Significantly In Q3Brazilian miner Vale said Monday that third-quarter iron ore production reached a record 104.9 million tonnes, up 10.3% year-on-year. This is reflected in a new report on iron ore and pellets sales of 98.2 million tonnes in the third quarter, up 4.7 million tonnes from the previous quarter in 2017…
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ArcelorMittal Kryvyi Rih carries out ecological reconstructionPJSC "ArcelorMittal Kryvyi Rih" this year will continue to implement the project to modernize the sinter shop No. 2. The total cost of the investment project is more than $ 150 million. Now, out of six sintering machines in the workshop, two have been modernized: 5 and 6 - investments in them…
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Liberty Group Announces Acquisition of European Steel Mills from ArcelorMittalThe UK-based Liberty House Group, a member of the GFG Alliance, has received conditional consent to acquire four integrated steel facilities from ArcelorMittal. The properties are part of the properties that ArcelorMittal has agreed to sell as part of the EU approval for the acquisition of Ilva…
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