Metallurgy news
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Coal demand is increasingEven after the signing of the Paris climate agreement in late 2015, global coal demand rose for the first time in two years in 2017, according to the Paris International Energy Agency during its annual World Energy Outlook week. China consumes over 50% of the world's coal, while India uses about…
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ArcelorMittal Kryvyi Rih develops cooperation with BelarusIt is planned to increase trade and economic ties between Ukraine and Belarus due to the mutual growth of purchases of demanded products, as noted by the General Director of PJSC "ArcelorMittal Kryvyi Rih" Paramzhit Kalon during his speech at the Ukrainian-Belarusian Forum "Cooperation and…
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US Automotive Import Tariffs Will Destroy New USMCA DealSeveral automotive groups have warned that the introduction of tariffs on auto and parts is likely to undermine the new US-Mexico-Canada Agreement (USMCA). This is in line with the testimony of the auto trade groups at the hearing on the new deal, which should replace the NAFTA deal. The…
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Open-air museum of mining equipment opened in Kryvyi RihThe General Director of PJSC ArcelorMittal Kryvyi Rih, the Ambassador of Belarus to Ukraine and the Mayor of Kryvyi Rih have opened a museum of mining equipment. The open-air museum of mining equipment for all residents and guests of the city. Its opening was attended by the Ambassador of the…
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BHP highlights details of Pilbar train wreckThe BHP statement detailed the results of a preliminary investigation into the derailment of a train in Pilbar, but raised additional questions about the incident. Several crashes followed . Initial data indicate that the emergency air brake for the entire train was not activated as required by the…
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Good news for Australian minersPositive trends this year include a growing international metallurgical coal market, especially in Asia, and Australia is well positioned to meet demand. More than 40% of Australia's coal is expected to come from new mines in 2040. A new World Energy Energy report also says that increased demand…
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Turkish exporters oppose "state subsidized" imports from IranThe Turkish Steel Exporters Association (CIB) has called for measures to protect against what it believes to be state-subsidized rebar exports from Iran to Turkey. Steel production in Iran has grown rapidly in recent years to the point that Turkey is now threatening, according to the CIB. Iranian…
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ArcelorMittal Kryvyi Rih invested 349 million dollars in production developmentDuring 10 months of 2018, PJSC ArcelorMittal Kryvyi Rih invested $ 349 million in the development of production, including capital investments of $ 271.3 million, operating investments - $ 77.4 million. The main part of capital and operating expenses is directed to the renewal and development of…
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Steel production in India increased by 5.2% YTDIndian steel production rose 5.2% during the opening seven-month period of the current fiscal year. According to Mr. Sushim Banerjee, managing director of the Institute for Steel Development and Growth (INSDAG), production was 61.1 million tonnes between April 18 and October 18, up 5.2% from the…
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Record steel production in ChinaChina's steel production in October reached a record 82.55 million tons, up 9.1% from the corresponding month last year, data released by the National Bureau of Statistics showed on Wednesday. The annual growth rate in September is 7.5%. Daily smelting in October reached the level of 2.663 million…
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