Metallurgy news
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Bear killed a mining company worker in AlaskaTimberline drilling officer Anthony David Montoya was killed yesterday in a bear attack on Admiralty Island, about 18 miles south of Juneau. Montoya's Hecla Greens Creek Mine produces silver, zinc, lead and gold. The mine is 100% owned and operated by Hecla Mining. The company said the incident…
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Ukraine produced 2.8 million tons of coal in SeptemberIn September 2018, Ukraine produced almost 2.8 million tons of coal, which is 1.5% less than planned. This is evidenced by the data of the Ministry of Energy and Coal Industry. “In September 2018, 2 781 626 tons of coal were produced at coal mining enterprises of Ukraine of all forms of ownership…
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EU lags behind global growth in steel productionThe EU-28 countries lagged behind the global growth in steel production during August 2018. While global production recorded 2.6% year-on-year growth, European production rose only 1.4%. However, Germany, Spain and Italy recorded significantly more growth, being the top three steel-producing…
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The demand for metal cutting equipment for high quality steels is growingHigh quality steels are increasingly being used in industry. Technological processes of metalworking of these steels are associated with the use of efficient metal-cutting equipment: milling, turning, horizontal boring machines, IR500 machining centers, IS800 (IS 800) and others. This equipment…
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Sergey Plichko became the new CFO of PJSC "ArcelorMittal Kryvyi Rih"Sergei Plichko has been approved as Chief Financial Officer of PJSC ArcelorMittal Kryvyi Rih. Since February 2017, he has been acting as the chief financial officer of the enterprise. His tasks include financial management, cash support for the operating and investment activities of PJSC…
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Metallurgical coal prices may declineA Fitch Research report predicts that metallurgical coal prices will fall from their current high levels over the next 18 months. The main focus of mining companies is likely to be on cost control. According to a market researcher, costs in the global coal metallurgy sector increased by 18% in 2017…
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DRI and BFI Exit Drops In AugustWorld Steel Association (worldsteel) announced the publication of data on iron production for August this year. Blast furnace iron (BFI) production as well as direct reduced iron (DRI) production declined slightly from the previous month. Global DRI output declined slightly from 6.798 million…
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China changes rules to cut productionThis winter, China will not repeat last year's production cuts in heavy industries such as metallurgy. Local authorities are empowered to decide how to achieve emission targets during the winter heating season, which runs from November to March. The steel market was not very happy about the news…
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A campaign against emissions from Metinvest's metallurgical plants was held in MariupolOn the Teatralnaya Square of the city of Mariupol, citizens gathered to protest against the deterioration of the environmental situation in the city. The task of the action, according to its organizers, is to show the factories and the authorities that residents care about the environmental…
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PJSC "ArcelorMittal Kryvyi Rih" has increased its car fleet 2.5 timesPJSC "ArcelorMittal Kryvyi Rih" put into operation 450 new open wagons (hereinafter - wagons) received under the contract under the financial leasing scheme. Earlier, at the beginning of 2018, the company received 50 new cars. Thus, this year the company put into circulation 500 wagons for the…
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