Metallurgy news
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Coal mine closes in Spain due to lack of customersThe underground coal mine La Escondida, located in the Spanish city of Caboalles de Arriba, has closed. This was the last project of this type, located in the Castile and Leon region. According to local media, the owner decided to close the 60-year-old mine because no energy company wanted to buy…
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Worldsteel offers to buy a card of China metallurgical plants for 350 eurosWorld Steel Association Worldsteel has updated a detailed map of China's steel mills and offers to buy it in high resolution for 350 euros. Map c clearly shows the geographic and economic situation in the steel industry in the People's Republic of China. It includes information such as: • Steel…
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PJSC "ArcelorMittal Kryvyi Rih" is completing the preparatory stage of construction of two new continuous casting machinesKryvyi Rih, August 14, 2017 PJSC ArcelorMittal Kryvyi Rih is completing the preparatory stage of construction of two new continuous casting machines (continuous casting machines No. 2, 3), the operation of which will significantly increase the production of cast billets. As part of the company's…
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Dneprospetsstal: production results in July 2017In July 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmin ”delivered 21,142 tons of steel, which is 3.2% lower than the level of the previous month. During the same period, the Company produced 13,866 tons of rolled metal, which is 0.2% more than in June 2017. The total…
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"Zaporozhogneupor" presented a children's and sports grounds to the residents of the Shevchenko districtPJSC "Zaporozhogneupor" financed the project "Alien" within the framework of the social initiative competition "We are the city". The essence of the project is the creation of a zone on the territory of the Shevchenko microdistrict where children and their parents can play and relax: installation…
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Tata Steel UK signs retirement benefit agreementTata Steel UK announced that it has signed filings to regulate a distribution agreement with the Trustee of the British Steel Pension System, offering more sustainable results for retirees, employees and businesses. As a result, the UK steel pension scheme will be spun off from Tata Steel UK and a…
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Metallurgy may be short of graphite electrodesAccording to Platts, in the near future, the steel industry may face a shortage of graphite electrodes used in electric arc furnaces and ladle furnaces. In fact, this absence could hit the entire metallurgical sector and beyond. Platts reports that China's electrode exports will be halved this…
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EU introduces additional duties on steel from ChinaThe European Union has imposed temporary additional duties on steel products from China, this time for corrosion-resistant steel. The duty rate is 28.5 percent. This is another European Commission decision on subsidized Chinese steel that has flooded the European market. In May, the EU imposed…
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Iron ore continues to rise in valueIron ore hit its highest price level in four months as steel prices rose again. The spot price for ore with a content of 62% iron rose 1.6% to $ 76.68 per tonne, leaving it at highs that have not been observed since April 6 this year. Ore with 65% iron content increased by 2.7% to $ 95.50 per…
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Korean War Threat Causes Global Trade DifficultiesIf US President Donald Trump unleashes "fire and rage" in North Korea, it will cause a conflict in the flow of world trade. North Korea is an ant in the raw material world, as years of sanctions more or less isolate the country from international markets. But this is an ant surrounded by the…
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