Metallurgy news
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Brazilian Vale Reports Record Q3 Iron Ore ProductionBrazil's Vale SA, the world's largest iron ore producer, said its production in the third quarter hit a new quarterly record, boosted by increased output at its S11D mine. Iron ore production rose 3.3 percent year-over-year to 95.1 million tonnes, the company said, driven by record quarterly…
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Steel production on the rise in TurkeyAccording to the Association of Iron and Steel Producers of Turkey, in the first nine months of 2017, Turkish steel production increased by 13.5% to 27.7 million tonnes on an annualized basis. In January-September 2017, billet production amounted to 18.9 million tons, which is 9.9% more than last…
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China sees a sharp increase in metallurgical raw materialsChinese iron ore futures rose more than 5 percent on Friday, boosted by rising steel prices in anticipation of larger production cuts from the world's largest steelmaker as China intensifies its war on smog over the winter. However, traders question whether the price strength of steelmaking raw…
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EU metallurgy under pressure from climate policyThe climatic requirements of the European Union and the changing needs of buyers make the European steel industry more and more investment-oriented in the pursuit of new technologies. Europe aims to force industry to cut carbon emissions by 40 percent by 2030. As far as metallurgy is concerned, it…
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Decline in Australian coal productionThermal coal production at Australia's South32 declined between July and September following repairs at South African assets and the suspension of operations in Australia. In general, South32 produced 7.01 million tons of thermal coal in September 2017, which is 14% more than in April and 9%…
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Toyota claims Kobe Steel aluminum sheet meets standardsJapan's Toyota Motor said Thursday that the aluminum sheet purchased from Kobe Steel meets the strength and durability requirements of its rolled metal products. Toyota began a review of aluminum and components supplied by Kobe Steel after the ministry said in September that data for its components…
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Steel boom in China suspendedChina's steel production dropped from a record high in at least six months as the tackle of environmental pollution, as outlined in President Xi Jinping's policy this week, took its toll on metallurgy. Production fell to 71.83 million tons in September from 74.59 million tons the month before…
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JSW Steel India plans European expansionIndia's JSW Steel Ltd is evaluating opportunities to expand its influence in Europe, including through Italian production Aferpi, JSW Chairman and Managing Director Jindal said. “This is one of the projects we are considering,” Jindal said on the sidelines of the World Steel Association's annual…
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Key findings of the Worldsteel General AssemblyThe World Steel Association (worldsteel) is holding its General Assembly in Brussels, an annual event attended by the leaders of the largest steel companies around the world. Member countries represent approximately 85% of global steel production, including more than 160 steel producers with nine…
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2 million tons of pig iron per year for Tula steelThe Russian metallurgical and mining group Industrial Metallurgical Holding is promoting the expansion of new coking coal and iron ore deposits and expanding pig iron production, assuring the market that it will continue to supply a commercial product. Tula Steel will consume pig iron as steel…
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