Metallurgy news

• Steel prices in the US will continue to rise According to the Monthly US Steel Sentiment Survey, US steel sentiment was very robust in December, with all participants expecting higher steel and raw material prices in the coming weeks, with most expecting increased production and reduced inventories. In a survey of US manufacturers,... 04.12.2020  11:17

• Export prices for rolled metal in China continue to rise Chinese steelmakers raised export prices for steel products during the third week last week, although domestic steel prices were declining, especially for long products. Between 21 and 27 November, the export price of China's 4.75mm SS400 Hot Rolled Coil (HRC) increased by another $ 18 /t to $... 04.12.2020  11:10

• Vaccine news drives EU stainless steel market growth Ahead of the last few weeks of 2020, the European stainless steel market is looking at what the new year will bring. The second round of coronavirus-related lockdowns and tightening restrictions are starting to be lifted again in several parts of Europe. This time, the measures appear to have... 04.12.2020  10:29

• Coke plants in China raise coke prices The main independent coke producers in North and East China, which are the country's leading coke and steel refineries, have announced their coke selling prices increase by 50 yuan per tonne ($ 7.6 per tonne) effective December 1. Now, as in previous campaigns, coke producers are citing strong... 03.12.2020  12:39

• Liberty and thyssenkrupp confirm takeover prudence Liberty Steel and thyssenkrupp have confirmed they will be involved in a due diligence process that could eventually lead to the takeover of thyssenkrupp Steel Europe by Liberty. “Thyssenkrupp and Liberty Steel Group have agreed to move to the next stage of the process,” the British group said in... 03.12.2020  12:29

• US steel capacity utilization fell to 70.6% Weekly statistics released by the American Iron and Steel Institute (AISI) show a significant decline in crude steel production in the last week ending November 28, 2020. Weekly crude steel production was 1.561 million net tonnes at a capacity utilization rate of 70.6%. By comparison, in the... 02.12.2020  12:03

• Zaporizhstal reduces production of rolled metal One of the largest industrial enterprises in Ukraine, the Zaporizhstal plant, over the past 11 months of this year, reduced the production of rolled metal by 5.2% to 2 million 915.4 thousand tons compared to the same period last year. According to the press release of the plant, steel smelting... 02.12.2020  11:31

• Steel production in CIS countries increased in October The monthly production data released by the World Steel Association (worldsteel) indicates a moderate increase in crude steel production in the Commonwealth of Independent States (CIS) region in October this year. Production in the region increased by 4.7% over the previous year. In October... 01.12.2020  12:19

• China's steel sector sees an increase in production Industry data showed that the steel sector in China saw an increase in production in the first 10 months of this year. Crude steel production rose 5.5 percent year-on-year to 874 million tonnes between January and October, according to the China Iron and Steel Industry Association... 01.12.2020  12:17

• Deficit of rolled metal in the Czech Republic is growing A shortage of steel, especially coil products, remains in the Czech Republic. Plants are increasing delivery times, which in turn leads to limited market availability. Permanent distribution in the first quarter for spot buyers has practically disappeared. While demand has increased due to... 01.12.2020  12:14