Metallurgy news
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Interpipe opened a mechatronics laboratory at Dniprovska PolytechnicOn May 16, the first mechatronics laboratory in the region was opened at NTU “Dneprovskaya Polytechnica”. The educational space was created with the support of the Ukrainian industrial company INTERPIPE. Mechatronics is the technical profession of the future, the essence of which lies in the…
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Chinese steel mills return to high quality iron oreChinese steel mills are increasing their interest in high-quality iron ore despite record high ore prices, managers and traders say, as the recovery in profitability encourages mills to strive to improve efficiency and increase production. At the end of 2018, steel companies were forced to cut…
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US-China trade war could lead to dumping of Chinese steelIndia fears that China may soon start shipping its surplus steel to other countries after the United States raised tariffs on Chinese goods due to the escalating trade war between the world's two largest economies. As a result, the Indian steel industry asked the Indian government to impose…
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ArcelorMittal Invests $ 162 Million in Burns HarborArcelorMittal, a multinational steel corporation, has announced its decision to invest $ 162 million in its Burns Harbor, Indiana steel mill. The investment will be used to carry out upgrades at various sites over the next few years. The multimillion-dollar investment is expected to bring…
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The fall in steel exports from the Donetsk region had a negative impact on the region's foreign exchange earningsIn the first quarter of 2019, foreign exchange earnings from the export of goods from the Donetsk region (excluding part of the temporarily occupied territory) amounted to 1107 million US dollars. According to the Main Department of Statistics in the Donetsk region, the region provided 9 percent of…
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Why ArcelorMittal limits steel production in KrakowThe plant in Krakow produced about 1.7 million tons of steel per year. This is roughly half of the cut made by ArcelorMittal. Why was a Polish metallurgical plant chosen for this task, although there is a Spanish one in Asturias nearby? ArcelorMittal will shutdown the blast furnace and will not…
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And about. Andrey Sanin has been appointed chairman of the board of Interpipe NMPP plantUkrainian industrial company INTERPIPE announces the appointment of Andrey Sanin as Acting Chairman of the Management Board of Interpipe Novomoskovsk Pipe Plant from May 16, 2019. Previously, since 2018, he held the position of Commercial Director of Interpipe VTORMET. The previous head of…
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European steel companies expect better results in 2H 2019European steelmakers who spoke in Milan this week in Milan believe the second half of 2019 should be more positive for the European market. Antonio Gozzi, CEO of Duferco Group, said the global recession hasn't started yet. However, Europe is slowing down due to a number of challenges and many…
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Ferrexpo increases export of pelletsAccording to the results of the first quarter of 2019, Ferrexpo has traditionally become the leader in the export of iron ore pellets among the enterprises of the countries of the former Soviet Union. According to the reports of the State Enterprise "Ukrpromvneshexpertiza", in January-March 2019…
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Steel production in China is growing steadily despite factory closingsJust a few years ago, market reviews from major iron ore producers Rio Tinto and BHP regularly stated that they expected China's steel production to reach 1 billion tonnes by the end of the next decade. It sounded like an incredible amount of steel, especially when China's growth trajectory was on…
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