Metallurgy news

• In China, consumption of ferrous scrap outpaced growth in steel production The higher emission standards set by the Chinese steel industry have increased the consumption of scrap metal at BOF plants. China's consumption of ferrous scrap has outpaced the country's steel production growth during 2019, according to the latest statistics released by the Bureau of... 02.06.2020  11:20

• Reduced production in developed countries China, India and developing countries in Southeast Asia such as Vietnam, Indonesia and the Philippines continue to have a huge growth profile that will drive steel demand for a long time from infrastructure and real estate development. For developed countries, the picture is less rosy. Except... 02.06.2020  10:33

• Steel production in EU-28 in April fell by 2% The three largest steel producing countries in the region are Germany, Italy and France. European crude steel production posted a significant decline in April this year, following the global trend. According to the World Steel Association (worldsteel), during the month the EU's domestic... 29.05.2020  10:48

• Ukraine ranks 15th in the international ranking of steel producers Following the results of the work of metallurgical enterprises in April 2020, Ukraine reduced steel production by 30.9% compared to the same period in 2019 - to 1.339 million tons, dropping from 12th to 15th place, and after four months dropped from 11 13th position in the ranking of 64 countries -... 28.05.2020  14:15

• Workers block the gates of the Tata steel plant in the Netherlands Dutch newspaper NH Nieuws reported that a group of about 100 Tata Steel employees blocked the gates at the company's plant with trucks, causing a fairly large traffic jam in Velsen-Noord. Workers are protesting the departure of CEO Theo Henrar, who announced last week that he will be leaving the... 28.05.2020  11:27

• US steelmakers announce second round of price increases American steelmakers have raised their list prices in the past few days. This follows an initial announcement in late April /early May when US mills tried to draw a line to stem the recent drop in steel sales prices. Measures to block the coronavirus have led to a sharp decline in demand. Local... 28.05.2020  11:14

• Results of metallurgical production in Ukraine for 4 months of 2020 The results of the production of MMC of Ukraine for the first 4 months of 2020 indicate a continued decline in all types of metallurgical production, which is associated not only with the COVID-19 pandemic, but also with the general situation in the global steel market starting from the third... 27.05.2020  11:02

• ArcelorMittal Italia unveils new revival plan for the Ilva steelworks Italian media reported that after recent talks with government officials on the fate of the former Ilva iron and steel works in southern Italy, it is now expected to present its industrial plan for the refurbishment of the plant sometime in early June, as the state will play a direct role in... 27.05.2020  10:57

• China leads the recovery in metals demand China is leading the metals markets, analysts said, eager to recover from the coronavirus pandemic, as trade tensions with Australia and the US could eventually drive up costs and curb growth. As spot prices for iron ore close to $ 100 per tonne CFR in China this week, the shipping market has... 27.05.2020  10:51

• Tata Steel running at 50% capacity Tata Steel CEO Mr. T.V. Narendran, during a video conference call with the company's suppliers and ancillary production owners last week, said, "The ongoing lockdown forced the company to start the plant at 50% capacity, but it has improved our efficiency." He added: “Demand from the domestic m... 26.05.2020  11:22