Metallurgy news

• China's steel exports hit 8-year low in June The latest statistics released by China's General Administration of Customs indicate a marked decline in steel exports in June this year. Monthly exports hit their lowest level in eight years. On the other hand, steel imports reached a 10-year high during the month. Monthly exports totaled 3.7... 15.07.2020  12:01

• MMK prepares metallurgical plants to meet demand for rolled metal The Russian steel mill MMK said on July 14 that it had begun to ramp up production again, seeing production declining 22% qoq and 24% yoy in April-June, when it suspended several facilities for modernization to take advantage of a quieter market. , The end of the second quarter was marked by an... 15.07.2020  11:58

• Moody's changes Tata Steel's outlook to negative Moody's Investors Service has affirmed the rating of Tata Steel Ltd., a family-owned company Baata. at Ba2 and revised its outlook to Negative from the pending ratings. At the same time, Moody's has affirmed B3 CFR of Tata Steel UK Holdings Limited, a wholly owned subsidiary of Tata Steel, and... 14.07.2020  12:25

• SMS Group completes modernization of a plant at ArcelorMittal Asturias SMS Group has successfully brought back into operation a 2-strand slab plant no. 2 at ArcelorMittal Asturias in Aviles, Spain, following the completion of a comprehensive refurbishment. Thanks to the update carried out by SMS group, the continuous caster can now produce slabs with a thickness of... 14.07.2020  12:19

• Toyota will buy critical rolled metal from China's Baowu Toyota Motor will buy some of its electrical sheet from China Baowu Steel Group, China's largest steel supplier, which may herald an era when Japanese steelmakers will be forced to compete in both price and quality. Steel sheet is a highly efficient product and an essential material for electric... 14.07.2020  12:15

• Graz physicists study the behavior of steel aboard the ISS For many years, the Institute for Experimental Physics at the Graz University of Technology in Styria in Austria and the Styrian industrial company Böhler Edelstahl have been conducting joint research on the surface tension and temperature dependence of various types of steel. The focus is on steel ... 13.07.2020  11:21

• Unions urge government to use UK Steel in infrastructure projects Three UK steel unions, Unite, GMB and Community, have launched a joint campaign for the future of the UK steel industry. Through Britain's We Need Our Steel Campaign, unions are calling on Boris Johnson to announce an infrastructure and investment program to help the country recover from the... 13.07.2020  11:08

• Dneprospetsstal improves cargo transportation The company has begun the implementation of a strategic investment project - the construction of a weighing terminal and the installation of modern railway scales at the Zaporozhye-Levoe warehouse block. The weighing terminal will improve the transport and technological scheme of shipment,... 10.07.2020  16:44

• Tata Steel reports 37% drop in steel production in India in April-June ata Steel announced that “Total production and sales in 1Q2011 were lower as the outbreak of COVID-19 and the resulting mobility restrictions have somewhat impacted manufacturing activity and consumer sentiment across all regions. In India, our upstream capacity utilization was adjusted to around 5... 10.07.2020  14:58

• Russian steel companies could benefit from exports Russia is one of the largest steel exporters in the world, delivering goods to a wide variety of destinations. However, steel demand in all regions has declined as COVID-19 hit the world and most steel producers around the world have struggled. Unlike steel mills in other regions, Russian... 10.07.2020  14:55