Metallurgy news

• China's finished steel production exceeded 1 billion tonnes in January-October The National Development and Reform Commission announced the performance of the Chinese steel industry in January-October 2019. According to the National Bureau of Statistics, from January to October, the national production of pig iron, steel and finished steel amounted to 675.18 million tons,... 28.11.2019  10:01

• Italian government has a chance to negotiate with ArcelorMittal Ilva After the Milan court adjourned the hearing on ArcelorMittal's lawsuit to terminate the acquisition of the former ILVA group and its troubled plant in Taranto, Ilva attorney Enrico Castellani and ArcelorMittal attorney Ferdinando Emanuele said that “there is a basis for negotiations. to the a... 28.11.2019  09:51

• Tata Steel Europe starts negotiations with the European Workers' Council Tata Steel Europe is working with its European Workers' Council to discuss further details on proposals for a transformation program designed to protect its long-term future. It aims to build a financially strong and sustainable European business that can invest the funds needed to accelerate... 28.11.2019  09:40

• ArcelorMittal invests in a new sustainable development program in Europe ArcelorMittal announced plans to roll out a new sustainability program across Europe to ensure ResponsibleSteel certification for all of its ArcelorMittal Europe Flat Products sites. The 12-month program will enable each business to prove that our manufacturing processes meet strictly defined... 27.11.2019  12:20

• German steel production fell in October According to the German Steel Federation (WV Stahl), German steel production in October was about 3.3 million tonnes, down 6.8% from the same month last year. The decrease was due to a decrease in the volume of orders. Among them, production in blast furnaces fell 9% year on year to 2.2 million... 27.11.2019  12:16

• Posco plans to expand a joint venture in Indonesia South Korean Posco is expected to increase its investment in Krakatau Steel following the signing of the Comprehensive Economic Partnership Agreement (CEPA) between South Korea and Indonesia. PT Krakatau Posco is a joint venture between Posco and PT Krakatau Steel. On Monday, the two countries... 27.11.2019  09:41

• EU suspects Chinese steel exporters of tariff evasion The European Commission (EC) has announced a new investigation into China's changing steel export grades to evade anti-dumping (AD) duties. These modifications included adding a thin oil coating to the products or increasing the carbon, aluminum and titanium content. The EU said Chinese... 27.11.2019  09:34

• DNEPROSPETSSTAL recertified duplex and stainless steel rods At the DNEPROSPETSSTAL plant, recertification of the production of hot-rolled and forged bars from duplex steel grade UNS S31803 (03Х22Н5АМ3) and stainless steel grades 316, 316L for compliance with the requirements of the NORSOK 650 standard was passed. resistance to aggressive environments and low... 26.11.2019  20:16

• Major steel companies made millions from the climate crisis The reductions in emissions by companies associated with the EU's quota trading system have been quite impressive, but recent progress has been made mainly in the energy sector. This makes the bloc's goal of achieving climate neutrality by 2050 - something that ThyssenKrupp and others have joined -... 26.11.2019  11:54

• China Steel cuts steel prices for the first quarter of next year China Steel Corp announced that it will cut steel prices by an average of 3.03 percent domestically in the first quarter of next year to boost market demand and help buyers close inventories. Steel sheet prices will be reduced by USD 38.47 per ton. The company will also cut prices for... 26.11.2019  11:31