Metallurgy news

• Increased capacity utilization at U.S. steel mills Weekly U.S. crude steel production saw a notable increase of 21.9% for the week ending September 18, 2021, up from the same week in 2020. This is in line with the latest weekly domestic production statistics released by the American Iron and Steel Institute. (AISI). Weekly US crude steel... 22.09.2021  10:29

• Results of rolled metal production in Ukraine for 8 months of 2021 In January-August 2021, metallurgical enterprises of Ukraine produced 13.01 million tons of rolled metal (106.0% compared to the same period in 2020), of which about 10.22 million tons, or 78.5%, were exported. In the same period in 2020, the share of exports was about 82.4%. The share of... 21.09.2021  09:57

• TMK supplies cylinders for PepsiCo Pervouralsk Novotrubny Plant (PNTZ), owned by the Pipe Metallurgical Company (TMK), has completed a large order for the production of cylinders for PepsiCo. The batch includes more than 3000 steel cylinders with a capacity of 20 liters and a working pressure of 150 atmospheres. These cylinders... 21.09.2021  09:50

• Miners Resist Falling Iron Ore Prices The spike in iron ore prices earlier this year sparked market speculation about an extended period of demand for commodities. The recent turn in the fate of the steel ingredient has been even more rapid and may well continue. The big miners, however, have stood firm against the decline. Iron ore... 21.09.2021  09:44

• Interpipe expands production of pipes for mechanical engineering In September 2021, at the Dnieper site of the Interpipe Niko Tube plant, an investment project was completed to create its own production of cold-rolled small diameter pipes 21-32 mm. Specialists of the Ukrainian industrial company INTERPIPE completed the installation of the HPT-32 mill and... 21.09.2021  00:15

• MSA Metallurgists Wish List for 2022 Budget Steel companies MSA want the government to provide special incentives, tax breaks and schemes to help stimulate the consumption of local iron and steel products in the country. Tang Sri William Cheng, President of the Malaysian Steel Association (MSA), said that the steel industry, which has... 20.09.2021  10:53

• EU tariffs on steel imports cause shortage of rolled metal in Europe Italy's Industry Minister Giancarlo Giorgetti said on Friday that Europe should temporarily suspend tariffs on imported steel to prevent shortages and adverse industrial impacts. Asked if Rome plans to intervene in the 25% tariff scheme, Giorgetti said Europe prioritized the interests of steel... 20.09.2021  10:46

• Iron ore prices plummet and coal and gas futures soar to unprecedented levels Iron ore fell below $ 100 a ton on Friday for the first time since July 2020 as China's measures to clean up its highly polluting industrial sector sparked a precipitous and violent collapse. The Ministry of Ecology and the Environment said on Thursday in draft guidelines that the campaign on... 20.09.2021  10:29

• ArcelorMittal Kryvyi Rih is ready to appeal the claims of the State Environmental Inspectorate for 450 million hryvnia in court Kryvyi Rih, September 17, 2021 The latest claim of the State Environmental Inspection (SEI) against ArcelorMittal Kryvyi Rih is another example of how the controlling body, speculating on public opinion, puts forward unjustified accusations and calculations of losses, like environmental... 18.09.2021  00:30

• When will steel prices stop rising? According to Citibank's forecast, world prices for rolled steel will rise until the middle of next year. The world average price has quadrupled since the end of last year. Citibank said this is a reflection that the supply situation is almost nervous and demand will face strong backlash. They... 17.09.2021  11:07