Metallurgy news

• ArcelorMittal to reopen blast furnace in Belgium Smelter ArcelorMittal plans to restart Kiln B at its plant in Ghent, Belgium by the middle of this month. The 2.3 million metric tons (Mt) kiln was shut down last September to replace the lining. It should be noted that this is one of two furnaces at the plant in Belgium, the total capacity of... 05.02.2021  11:59

• Steel production in the CIS increased in 2020 The monthly production data released by the World Steel Association (worldsteel) suggests a marked increase in crude steel production in the Commonwealth of Independent States (CIS) region during December 2020. Production in the region increased by 3.1% over the previous year. Smelting was 8.696... 04.02.2021  10:25

• EU rolled metal imports fell as suppliers exhausted quotas Hot rolled metal imports to Europe have declined slightly over the past two weeks as a direct consequence of the global decline in steel prices. However, the nominal price decline did not affect the European domestic market. This is due to the current anti-dumping measures, as well as the... 04.02.2021  10:14

• Severstal commissions Cherepovets blast furnace No. 3 Blast furnace reconstruction using Danieli Corus technology using a cooling system and a Hoogovens lining Russian steelmaker Severstal has successfully commissioned blast furnace # 3 at its Cherepovets plant. This furnace was shut down and dismantled in 2007. In 2018, activities related to the... 04.02.2021  09:50

• Yieh Phui Production Line Will Not Stop During The Holidays With the international steel market now in short supply, Yieh Phui, one of Taiwan's largest steel mills, has decided to cancel the Chinese New Year holiday due to high demand for orders. With strong market demand, sales in the first quarter of this year could be strong, even steel mills... 03.02.2021  12:29

• Thyssenkrupp Seeks Clarification on Liberty Steel Offer The bid, which Britain's Liberty Steel filed in January for the purchase of Thyssenkrupp's steel division, is to be clarified in ongoing negotiations between the two firms, the German group's CEO said. The application still contains “a number of difficult aspects that require further c... 03.02.2021  12:22

• China Steel raises prices by an average of 2.5 percent China Steel Corp yesterday said it would raise domestic steel prices an average of 2.5 percent per tonne for next month's delivery, citing higher raw material prices and a recovery in demand amid improved economic outlook. Rising prices for iron ore, coking coal and some alloying elements, along... 02.02.2021  11:33

• Fed: US economy needs additional stimulus Many industries and cities in the United States still have a long way to go to resume operations, according to a speech by Raphael Bostic, 15th President of the US Federal Reserve Bank. The Covid-19 pandemic has caused many Americans to lose their jobs, and one of the main policies of the new US... 02.02.2021  11:24

• Global steel production ends 2020 on a good note World crude steel production continued to grow in December 2020. The monthly production statistics released by the World Steel Association (worldsteel) indicate a 5.8% increase in production from the same month a year earlier. Production in December 2020 in the 64 countries represented by the... 02.02.2021  10:52

• Will China Really Cut Steel Production? China's huge steel sector and the iron industry that powers it are grappling with a seemingly conflicting policy impulse that it should produce less this year, even as demand remains strong amid post-pandemic stimulus spending. In 2020, China produced a record 1.05 billion tonnes of steel,... 02.02.2021  10:39