Metallurgy news

• Dneprospetsstal increased steel delivery in December In December 2019, PJSC DNEPROSPETSSTAL delivered 18,888 tons of steel, which is 6.2% higher than the level of the previous month. During the same period, the Company produced 13,216 tons of rolled metal, which is 3.5% more than in November 2019. The total cost of marketable products manufactured... 15.01.2020  12:13

• Steel exports from China to be low in 2020 Exports of finished steel to China declined 7.3% year on year to 64.293 million tonnes in 2019, the lowest annualized rate since 2014, reflecting strong steel demand despite an increase in steelmaking capacity. In December 2019, China's steel exports fell 15.7% year-on-year to 4.684 million... 15.01.2020  09:11

• Tata Steel Netherland Postpones Layoffs Despite the announced layoffs, work at Tata Steel Nederland in Ijmeiden is guaranteed to continue until October 2021. The management of Tata Steel Nederland wrote in a letter to the FNV union that it will adhere to the previous agreements with the unions. but added that possible layoffs are... 15.01.2020  09:00

• Siemens to continue controversial contract with Australian coal mine German engineering giant Siemens will honor a controversial contract to supply alarm systems for Australia's Adani coal mine, despite criticism for the project's alleged climatic implications. “We just finished our extraordinary meeting ... We evaluated all the options and concluded that we must ... 14.01.2020  15:42

• China's steel industry will focus on high-quality development According to a senior official from the China Metals Association, China's steel industry should focus on quality and efficiency rather than expanding through massive and price competition. Gao Xianming, the 2019 rotation president of the association, gave a speech at the general meeting of the... 14.01.2020  15:39

• Indian steel mills call for zero duty on coking coal imports Indian steelmakers have called for lower import duties on important ingredients such as coking coal, anthracite and metallurgical coke. The country's metallurgists are highly dependent on the import of these raw materials due to the lack of sufficient domestic resources. A steel mill official... 14.01.2020  15:09

• US announces new sanctions against 17 Iranian steel companies US Treasury Secretary Stephen Mnuchin announced that the US has imposed new sanctions on steel and metal exports from Iran. He said: “The President is issuing an executive order authorizing the imposition of additional sanctions against any individuals who own, work, trade or help sectors of the I... 13.01.2020  12:48

• Liberty Steel cuts UK workforce The Liberty Steel Group reviewed its UK business in response to challenging market conditions and the continuing decline in demand for UK steel products. In light of this, the company has decided to reduce the headcount at certain factories to meet sustainable production forecasts. The Group has... 13.01.2020  12:44

• Turkey's steel production declines in 2019 According to an official report from Turkey, total crude steel production in the first 11 months of 2019 was about 31 million tonnes, down 10.36% year on year. The experts said that the main reason for the decline was weak demand in the domestic and foreign markets. The upward trend of global... 13.01.2020  09:43

• US sanctions on Iran's metallurgy Iran has set a goal to become the seventh largest steel producer in the world by 2025, but in the current situation it is unlikely to succeed. Donald Trump on Friday imposed extended economic sanctions on Iran's steel industry in an attempt to punish the country for a missile strike earlier this... 11.01.2020  11:44