Metallurgy news

• NLMK sues US Steel NLMK believes that it has a strong case against US Steel for blocking its Section 232 tariff exemption requests using false statements. NLMK's requests to exclude slabs were rejected under Section 232 after US Steel stated it was ready and willing to supply slabs to the domestic... 29.01.2021  10:56

• Australia's richest man calls for coal to be abandoned in metallurgy While Australia's richest man says his country needs to pursue green steel production from hydrogen and renewable energy, he is displeasing the coal-rich country. How realistic is it to get rid of metallurgical coal in energy-intensive steel production? This is possible if the cost of producing... 28.01.2021  16:21

• MMK Group operating results for the 4th quarter and 12 months of 2020 PJSC Magnitogorsk Iron and Steel Works (“MMK” or the “Group”) announces operating results for the 4th quarter and 12 months of 2020. Pig iron smelting increased by 6.0% qoq to 2,521 thousand tonnes on the back of increased demand for metal products and increased production. Steel production in... 27.01.2021  10:11

• Voestalpine reopens the second blast furnace Austrian steelmaker Voestalpine announced that its Donavitz plant has restarted a second blast furnace to meet current orders, which can produce approximately 750,000 tonnes of pig iron per year. Voestalpine said the Donawitz plant has a total production capacity of approximately 1.5 million... 27.01.2021  10:08

• China's stainless steel production exceeds 30 million tonnes in 2020 China's crude stainless steel production for the full year of 2020 exceeded 30 million tonnes, reaching 30.14 million tonnes for the first time in history, up 739,400 tonnes or 2.5% from last year, according to the latest data released by Stainless Steel. ... Council of China Association of Special... 27.01.2021  09:42

• Spanish company Sidenor rebuilds steel plant Sidenor, a Spanish steelmaker and supplier of specialty steels, is expanding the capacity of one of its steelworks to cover 85-90% utilization. The Basauri plant will be reconstructed and its annual production capacity will increase to 500,000 tons. The company said that this technological... 26.01.2021  09:49

• Italian steel production declines in 2020 Italy produced about 20.3 million tonnes of raw steel in 2020, down 12.2% from 2019, according to the Italian steel industry association Federacciai. During this period, steel sheet production declined 16.2% year-on-year to about 9.4 million tonnes, and long products production dropped 9.5% to... 26.01.2021  09:47

• Leading US iron and steel associations urge Biden to keep steel tariffs Four of America's leading iron and steel associations and the United Steelworkers' Union have called on President-elect Joe Biden to ensure that the steel tariffs and quotas introduced in 2018 to protect national security are maintained. In a letter to the President-elect, the American Iron and... 26.01.2021  09:36

• Metallurgy on the threshold of the hydrogen revolution Steelworkers looking to hydrogen-based direct reduced iron, or DRI, to reduce carbon emissions can make changes to their operations at a lower cost, expecting increased hydrogen availability and costs. Smelters can invest in reducing carbon dioxide emissions through blast furnace injection,... 25.01.2021  10:25

• Uncertainty in steel prices in China after Chinese New Year Steel prices in China have been at a high level since last year due to rising prices for iron ore and coking coal, which also caused some mid-size and small traders to choose not to stockpile in winter and left market stocks remaining low. The price of rebar will be acceptable at around RMB... 25.01.2021  10:15