Metallurgy news

• ArcelorMittal decarbonization project in Europe The European Investment Bank (EIB) has provided a € 280 million loan to leading steel company ArcelorMittal to support its research and development programs on decarbonization from 2021 to 2023, which will be carried out in several EU countries. The loan is secured by a guarantee from the European S... 04.10.2021  09:49

• Results of metallurgical production in Ukraine for 9 months of 2021 According to preliminary data for 9 months of 2021, metallurgical enterprises produced: 16.15 million tons of pig iron, which is 6.4% higher compared to the period January-September 2020; 16.29 million tons of steel, which is 6.3% more than in 2020; 14.52 million tons of rolled metal, which is... 04.10.2021  09:37

• Tata Steel reaches agreement to sell stake in steel division Integrated steel company Tata Steel Ltd. headquartered in India said it has reached a definitive agreement to sell its 100% stake in Singapore-based steelmaking facility to TS Global Holdings. A final agreement has been reached to sell the entire stake in NatSteel Holdings Pte Ltd for $ 172... 03.10.2021  14:44

• Japan sues China over stainless steel imports Japan's Ministry of Economy, Trade and Industry (METI) announced that the World Trade Organization (WTO) has set up a Dispute Settlement Commission on September 27 over China's Anti-Dumping Measures (AD) against Japanese stainless products. The Chinese government has introduced AD measures on... 01.10.2021  10:59

• Steel Exports from India Expect Sharp Growth India is forecast to become more of a steel exporter. The volume of steel exports from the country will increase significantly. Continuing weakness in domestic demand has boosted India's steel exports over the past few months. Until fiscal year 20, the country exported about 5 million tons of... 01.10.2021  10:25

• ArcelorMittal Announces Large-Scale Investment Project at Metallurgical Plant in Ghent The new direct reduction (DRI) plant will use natural gas or hydrogen, which will lead to significant reductions in carbon dioxide emissions. ArcelorMittal, a Luxembourg-based multinational steel company, has announced an investment in a major modernization project at its steel plant in Ghent,... 30.09.2021  10:30

• ThyssenKrupp plans to introduce carbon surcharge German steelmaker ThyssenKrupp is considering a carbon surcharge. The company set a carbon price of € 45.93 per tonne and said it produces 2.1 tonnes of carbon dioxide for every tonne of crude steel. A cost of € 96.45 per tonne for every tonne of crude steel will be produced, ThyssenKrupp will ha... 30.09.2021  10:25

• Ukraine in the world ranking of metallurgical production for 8 months of 2021 World production of crude steel for 8 months of 2021 is 1321.93 million tons, which is 10.62% higher than the indicator for 8 months of 2020 (1195.00 million tons). The first place belongs to the People's Republic of China, smelted 733.02 million tons, which is 5.28% more than in January-August... 30.09.2021  10:04

• Metinvest publishes its 2020 annual report Metinvest, an international vertically integrated group of mining and metals companies (Metinvest or the Group), has published its 2020 annual report. The topic of the report is "Stronger Together". In 2020, as businesses around the world face new challenges from the COVID-19 pandemic, the Group... 29.09.2021  12:00

• German steel production increased According to statistics from the German Steel Federation (WV Stahl), crude steel production in Germany was around 26.6 million tonnes in the first eight months of this year, an increase of almost 17% over the same period last year. In August alone, steel production in this country reached 2.92... 29.09.2021  09:57