Metallurgy news
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Global supply and demand for steel scrapAccording to the presentation by Worldsteel at the 12th China International Metal Recycling Conference in 2019, the trend of electric arc furnace production is expected to grow. Currently, EAF is the main destination in Europe, North America, the Middle East, Southeast Asia and Africa. China…
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EBRD wants to give Ukraine $ 35 million for the purchase of grain wagonsThe European Bank for Reconstruction and Development (EBRD) is considering a US $ 35 million loan to Louis Dreyfus Company in Ukraine. This is stated in a message on the bank's website. As noted, the financing will go to the purchase of up to 1,000 wagons of grain hoppers. According to the bank…
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Turkey's decision on imports of rolled metalThe Ministry of Trade of the Republic of Turkey has initiated a protective investigation into the import of metal products into the customs territory of Turkey, regardless of the country of origin or export. On October 17, 2018, by the Decree of the President of the Republic of Turkey, preliminary…
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Iron ore pellets are growing in IranPellet production in Iran is growing faster than DRI. The five largest Iranian iron ore pellet producers increased production by 24% year on year from March 20 to 1.86 million tonnes, according to the Mining and Mines Development and Reconstruction Organization (Imidro). In the Iranian year to 20…
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JSW Steel Sheet Mill Retrofit in BaytownDanieli has been awarded a contract to replace the primary descaler, hot plate alignment line, and # 1 sheet steel cutting line at JSW Steel USA in Baytown, TX to improve plant productivity. This first phase has already begun and the commissioning of new equipment is expected in the fall of 2019…
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Good news for Vale does not improve its prospectsIn 2015, a dam was destroyed at one of Vale's Brazilian mines to contain waste from an iron ore mining process. Another Brazilian dam was destroyed earlier this year. Casualties were lost in both cases, but understandably, the Brazilian government is getting tougher with the company after the…
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Difficult EU market forces ArcelorMittal to cut productionArcelorMittal will cut steel production across Europe by about 3 million tonnes per year due to the many challenges facing the continent's steel sector, Callanish is studying to become a steelmaker. This step will primarily affect the supply of flat products. Production will be halted at steel…
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Shanghai Steel Futures Fall on Trump's Tariff ThreatChinese steel futures fell on Monday, the first trading day after a four-day national holiday, amid concerns over trading prospects after US President Donald Trump said he would raise US tariffs on Chinese goods worth $ 200 billion. This came as the two countries worked to reach an agreement to end…
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ArcelorMittal Kryvyi Rih helps veteransOn the eve of the 74th anniversary of the Victory over Nazism in World War II, ArcelorMittal Kryvyi Rih will allocate 288 thousand hryvnias to provide social support to veterans of the enterprise - participants in the hostilities, who are members of the Combine Veterans' Council. Currently, 143…
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Steel production results in March 2019Steel production by regions during the month is as follows. EC-28 14994 Other European countries 3317 CIS 8438 North America 10742 South America 3518 Africa 1296 Central Asia 3176 Asia 109054 Oceania 474 Note . The above figures are given in thousands of tons.
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