Metallurgy news
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Steel production in the EU-28 fell by 5%European crude steel production reported a decline in February 2019. Domestic production for the month was 12.984 million tonnes, according to the World Steel Association (worldsteel). This is slightly lower by 5.0% when compared with the 13.664 million tonnes capacity achieved by the region in the…
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Ukrzaliznytsia raised the prices for cargo transportation and promised to do it regularlyUkrzaliznytsia Raises Tariffs for Freight Transportation. Prices rose 14.2%. The changes took effect on March 30th. This was reported by the press service of the company. The carrier carried out the indexation even earlier than planned, as it was previously mentioned that the tariffs would increase…
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Exporters of hot rolled coils from CIS reduce the priceHot rolled steel suppliers from Russia and Ukraine have succumbed to market pressure, selling their products at levels lower than those offered in the last week of March. They subsequently lowered the quotes accordingly for the new availability, A Russian supplier from the Urals accepted bids at…
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Hyundai Steel to spend 530 billion won to reduce emissionsHyundai Steel Co., the second largest South Korean steel mill, said Monday it plans to cut its environmentally harmful emissions by more than 50 percent from current levels. Hyundai Steel said it intends to spend approximately 530 billion won (US $ 468 million) to address fine dust and other…
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Philippines Steel Consumption To Reach Record In 2019Steel consumption in the Philippines is forecast to grow 5-6 percent this year to a record 11.1 million tonnes as the country's economy continues to grow. After rising just 2 percent in 2017 due to high prices, steel consumption in the country jumped about 9 percent last year to a record 10.5…
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Metallurgical production indicators in Ukraine for the first quarter of 2019During March 2019, metallurgical enterprises of Ukraine produced: 1.80 million tons of pig iron, which is 14.3% higher compared to February 2019, 1.96 million tons of steel, which is 16% higher, 1.54 million tons of rolled metal, which 11.4% higher. Production in the first quarter of 2019: 5.18…
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Korea criticizes China's anti-dumping investigation on stainless steelSouth Korea's Industry Ministry said Friday it expressed concern over China's anti-dumping investigation of hot rolled stainless steel sheets, saying locally made products are not negatively affecting Chinese industry. The move follows Beijing's anti-dumping checks on imported hot rolled stainless…
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Results of production of MMC of Ukraine in January-February 2019During two months of 2019, Ukrainian metallurgical enterprises produced 3.08 million tons of rolled metal (99.3% compared to the same period in 2018), of which about 2.71 million tons, or 88.0%, were exported. In the same period in 2018, the share of exports amounted to 84.8% (2.64 million tons…
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ArcelorMittal Kryvyi Rih conducts an environmental campaign "Earth Hour"The most massive environmental campaign in the world - "Earth Hour" - is held annually as a sign of respect for nature. This year, Earth Hour will be held on March 30th. From 20.30 to 21:00 local time, millions of people around the world, including employees of ArcelorMittal Kryvyi Rih, will turn…
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World leaders in steel production in February 2019The production of crude steel by the countries of the world, which submitted the report of the World Steel Association (worldsteel), increased significantly in February this year. Monthly production data suggest that the output of the 64 reporting countries to the association is 4.1% higher than…
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