Metallurgy news
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State of the rolled metal market in Ukraine based on the results for 11 months of 2017In the period from January to November 2017, Ukrainian metallurgists produced 16.34 million tons of rolled metal, which is 15% lower than in the same period in 2016. According to ETR-SPECTR LLC, 13.35 million tons of products, or 79.7%, were exported from this volume. Nevertheless, for 11 months of…
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Steel demand in China has fallen sharply compared to NovemberCompared to previous months, China's steel production and low export volumes continue to underline strong fundamental requirements in the world's largest steel market, Commerzbank said. Chinese steel output, which is mainly provided by blast furnaces, increased earlier this year, as recorded by the…
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Tokyo Steel will raise product prices for the second consecutive month in JanuaryTokyo Steel Manufacturing Co Ltd, a leading manufacturer of electric arc furnaces in Japan, said Monday that it will raise product prices in January for the second straight month due to tough market conditions at home and abroad and expectations for higher market prices. Steel product prices…
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The future of coalCoal may have dropped out of sight in China, North America and Europe, but India and other Asian countries will ensure that the dirtiest fossil fuels continue to supply more than a quarter of the world's energy. Rapid economic development in parts of Asia will rely on coal-fired power plants, the…
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Metinvest unveils environmental modernization projects for Ilyich Steel Plant in MariupolOn December 14, independent experts, representatives of the city administration and local public organizations got acquainted with the progress of the ecological modernization of the sinter-blast furnace and converter production at the Ilyich Iron and Steel Works. As part of the reconstruction of…
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High quality ductile iron production is on the riseDuctile iron is a casting material with a very wide range of uses. This is due to a very large change in mechanical properties depending on the number and size of particles, as well as on the type of matrix. In recent years, the production of high quality cast iron has been growing all over the…
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By 2020 ArcelorMittal will invest $ 1.5 billion in the former KryvorizhstalThe Ukrainian subdivision of the largest metallurgical company in the world PJSC "ArcelorMittal Kryvyi Rih" (Dnipropetrovsk region) intends to invest 1.5 billion US dollars in the renewal of production by 2020. To implement investment programs, it is planned to expand the base of suppliers and…
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British officials expect to double the profitability of the steel sectorThe UK steel industry could increase its revenues by £ 3.8 billion a year by 2030, according to a government report that outlines opportunities to strengthen the sector and boost domestic steel demand. The report, which is part of the Islands' Industrial Strategy, states that in 2015 national steel…
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India will become the third largest automotive market in the worldIndia's state-owned steel company SAIL will begin production of automotive steel in a $ 1 billion partnership with ArcelorMittal in three years. A senior government official said this would help reduce imports of high-quality steel as the country ramped up production of cars. The Steel Authority of…
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Austria restored gas transit after the accidentThe gas transmission operator of Australia Gas Connect Austria reports that after the elimination of the largest accident at the Baumgarten station, it has restored gas transit. An explosion occurred Tuesday morning at a gas hub in Baumgarten, Austria, followed by a massive fire. The cause of the…
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