Metallurgy news
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The Impact of China's Policy on the Iron Ore and Steel MarketChina is preparing for winter. Last week, the Chinese government announced another round of heating season capacity cuts for its heavy industry, designed to cut emissions and improve air quality in the northern provinces. Steel raw materials such as iron ore and coke have been mobilized since the…
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Steelworkers in Europe completely revive the industryAfter years of decline, European steelmakers are returning to pre-crisis levels of production growth. They hope that the wound inflicted on the metals industry by the 2007/8 global crisis, after which the industry has long struggled to recover, will finally heal completely. Steel demand in Europe…
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Nippon Steel JV Started Manufacturing High Strength Automotive Steel ProductsJapanese steel company Nippon Steel & Sumitomo Metal Corporation (NSSMC) has formed a joint venture with Indonesian PT Krakatau Steel (Persero) Tbk. The joint venture PT Krakatau Nippon Steel Sumikin (KNSS) began commercial production of automotive sheet steel products at the end of July this year…
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Dneprospetsstal: production results in July 2017In July 2018, PrJSC Electrometallurgical Plant DNEPROSPETSSTAL named after I. A.N. Kuzmin ”delivered 20 392 tons of steel, which is 1.9% higher than the level of the previous month. During the same period, the Company produced 12,924 tons of rolled metal, which is 6.9% less than in June 2018. The…
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Russian "Rusal" closes Nadvoitsky plant due to US sanctionsRussian Rusal, the world's largest aluminum producer outside China, has begun shutting down production at one of its smaller plants as a result of US sanctions against the company, Rusal officials said on Monday. Operations at the Nadvoitsky aluminum smelter in Russian Karelia cannot continue as…
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Steel prices in Germany in anticipation of the riseIn September, German distributors and manufacturers expect steel prices to rise in August, while inventories are expected to remain largely stable, according to a survey by S&P Global Platts. The price movement index increased significantly from 68.2 in July to 73.1 this month (50 means stability)…
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Production of rolled metal products in Turkey increased by 9%According to the Turkish Association of Iron and Steel Producers, production of finished steel in Turkey in the first half of 2018 increased by 9% to 20.5 million tonnes per year. In the first half of 2018, steel production increased by 0.6% to 12.6 million tonnes, and sheet steel output increased…
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BHP Billiton makes concessions ahead of strike at Escondida mineOn Monday, August 6, the metal in the LME lost 1.2 percent. up to $ 6,133 per ton. Today copper on the London LME metal exchange is priced flat at around $ 6,127 per tonne. Investors' attention is drawn to the world's largest copper mine in Chile - Escondida. The owner, BHP Billiton, a few hours…
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China's steel mills cut production due to power shortagesSteel mills in Hebei province have been forced to restrict operations due to power shortages in the region. Grid utilization in southern Hebei reached 36.57 gigawatts (GW), the highest as the heatwave boosted electricity demand. The grid company, which controls seven cities in southern Hebei…
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Supply of raw materials from Russia to Poland is growingContrary to government announcements, Poles are buying more and more Russian raw materials such as oil, gas and coal, as Rzeczpospolita writes about. Although the government has declared Poland's independence from fuel from the East, imports of Russian gas, oil and coal are growing at their best…
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