Metallurgy news

• German steel production to plummet again in July Crude steel production in Germany fell sharply for the fourth straight month in July to levels reached during the financial crisis, down 24.7% year on year to 2.4 million tonnes, German Steel Federation WV Stahl said. Compared to the previous month, steel production fell by 2.1%. Production in... 26.08.2020  12:34

• China's steel production hits record high in July China's steel sector posted a record high output last month due to soaring domestic demand from a host of infrastructure projects as the country introduced massive stimulus measures to help the economy recover from the COVID-19 outbreak, industry data showed. According to the China Iron and... 26.08.2020  12:25

• NLMK introduces QR codes for finished products and quality certificates NLMK Group has implemented a QR coding system for all types of flat and long products manufactured in Russia. The digital solution will allow the company to process documents and ship products faster, and to eliminate paperwork for customers. When scanned, a QR code posted on each NLMK product... 25.08.2020  10:09

• Tata Steel is still negotiating revival package with UK government Tata Steel Chairman N. Chandrasekaran, speaking at the 113th annual general meeting of the company, said that “Tata Steel UK is not profitable and continues to be a burden, so we are negotiating with the UK government. The negotiations are not over yet and that's all I can tell you at the moment. I... 25.08.2020  10:04

• Baowu will become the largest steel producer in the world by purchasing 51% of Taiyuan Iron & Steel Co China's largest steel producer China Baowu Steel Group has announced the acquisition of a 51 percent stake in Taiyuan Iron & Steel (Group) Co Ltd for RMB 14.5 billion (US $ 2.1 billion), bringing the total crude oil production capacity steel will increase to 111 million tons per year. ... The... 25.08.2020  09:58

• Liberty Steel expects additional acquisitions in India UK-based Liberty Steel has announced plans for additional acquisitions in India. This is based on his assumption that the country's economy is likely to witness tremendous growth as it comes with the aftermath of the long-term lockdowns caused by the Covid-19 pandemic. It should be noted that... 21.08.2020  11:13

• Mexico extends compensation quota for Chinese steel bars Mexico's Ministry of Economy (SE) has increased the offset quota for imported carbon steel joints, known as fittings, coming from China, Callanish said from the country's official gazette. The product is classified under the TN VED code 7307.93.01. On August 19, SE announced that the trade... 21.08.2020  11:11

• POSCO succeeds in mass production of environmentally friendly steel POSCO announced that it was the first in the world to develop and begin mass production of an environmentally friendly, graphite-free cutting steel called PosGRAM (GRAphitic Steel for Machinability). POSCO's PosGRAM is expected to increase the competitiveness of the national industry as it... 21.08.2020  10:42

• Vietnam denies Indonesia's findings on anti-dumping investigation of steel sheets The Trade Funds Authority of the Vietnamese Ministry of Industry and Trade (TRAV) recently sent a letter refuting Indonesia's draft anti-dumping investigation findings on color-coated steel sheets imported from Vietnam and China. In the draft conclusions announced by the Indonesian Anti-Dumping... 20.08.2020  12:05

• Fortescue Reimagines Expansion That Threatens Australia's Sacred Site Australian iron ore producer Fortescue Metals Group said Friday it will reconsider an expansion plan at one of its iron ore mines in the Pilbara region after an indigenous group said the project threatens sacred sites, including 60,000 people. summer stone shelter. Fortescue's decision came... 20.08.2020  11:55