Metallurgy news
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Mexico asks US for exemption from aluminum tariffsThe Mexican government has asked the United States for a Section 232 exemption from tariffs on steel and aluminum. Mexican Economy Minister Graciela Marquez Colin addresses the issue to US Commerce Secretary Wilbur Ross during Friday's US-Mexico dialogue in Yucatan, Mexico. Marquez reaffirmed the…
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ArcelorMittal Kryvyi Rih completed the repair of a gas cleaning unitIn 2019, ArcelorMittal Kryvyi Rih began repairs of environmental equipment with gas cleaning DP-6 of blast furnace No. 6. Its cost was 635 thousand hryvnia. About UAH 2 million was saved on contractors' services due to the performance of a significant part of the work by its own repair personnel…
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Turkish billet manufacturers are ready to negotiateThe principled attitude of Turkish billet exporters to pricing last week was replaced by softer supply figures, from about $ 450-460 /tonne in the previous week to about $ 445-450 /tonne this week. Easing sentiment swept across the long product-related markets amid several purchases of cheaper…
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MMK signs a contract with Paul Wurth for a complete overhaul of the furnaceThe Luxembourg company Paul Wurth, a member of the SMS group, was entrusted with the task of overhauling the blast furnace of MMK, which ranks second in Russia. According to Paul Wuerth, “After a fundamental renovation and modernization, the blast furnace will look like a structure without an…
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British Steels needs government credit to comply with EU emission rulesThe European Union's decision to suspend UK firms' access to free carbon permits pending ratification of the Brexit divestment agreement is driven by British Steel's decision to obtain a £ 100 million loan from the UK government. The report, which appeared on yesterday's BBC website, also said that…
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Brazil plans to indict iron ore mining company in connection with mine accidentThe Brazilian prosecutor's office has decided to open a criminal case against the Brazilian mining company Vale SA and its employees in connection with the collapse of the dam in January this year, which killed hundreds of people. Investigators have gathered enough evidence to confirm that Vale…
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ASEAN steel production is skyrocketingSoutheast Asia is one of the fastest growing steel regions in the world, Duferco Asia Managing Director Subhendu Bose said this week at the Asia Steel Markets conference in Ho Chi Minh City. Steel production in the ASEAN region has grown by 60% or more than 11 million tonnes per year over the past…
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Production results of MMC of Ukraine in the first quarter of 2019In March 2019, it was smelted: - 1.83 million tons of pig iron, which is 15% higher compared to February 2019; - 1.97 million tons of steel, which is 17% higher; and produced 1.69 million tons of rolled metal, which is 15% higher compared to February 2019; The increase in production in March…
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Tata Steel completes acquisition of Usha Martin's steel businessTata Sponge Iron Ltd, a subsidiary of Tata Steel, has announced that it has completed the long-awaited acquisition of Ushi Martin's steel business. The company is poised to take over the management of a million tonnes Usha Martin steel plant near Jamshedpur. With that, the 4,525 crore deal, which…
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Iranian steel production up 7.6% YTDIran's crude steel production in January and February was 4.24 million tonnes, up 7.6% from 3.94 million tonnes in the same period in 2018, the Iranian Organization for the Development and Reconstruction of Mining and Mining ( IMIDRO) with reference to data published by the World Organization…
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