Metallurgy news

• Positions of Ukraine in the global production of iron and steel in the first half of 2019 Pig iron production results According to Worldsteel, for 6 months of 2019, metallurgical enterprises of the countries of the world smelted 681 480 thousand tons of pig iron, of which 636 870 thousand tons by the blast furnace method and 44.610 thousand tons by the direct reduction method.... 29.07.2019  11:05

• Metinvest Group invests in upgrading the equipment of the oxygen shop The oxygen shop of the Azovstal steel plant of Metinvest Group is undergoing a planned modernization of equipment with an investment of UAH 30 million for the current year. At the moment, an air separation unit (VRU-60) has been commissioned, the repair of the air compressor is nearing... 26.07.2019  11:47

• Dneprospetsstal replaced the chairman of the board The Management Board of PJSC "Dneprospetsstal" informs the counterparties, government agencies and all interested parties about the change in the composition of the officials of CJSC "DNEPROSPETSSTAL". On July 24, 2019, the Supervisory Board decided to terminate the powers of Vitaly Nikolayevich... 26.07.2019  11:39

• Total U.S. finished steel imports declined Data released by the American Iron and Steel Institute (AISI) for June 2019 shows that the United States imported a total of 2.03 million tonnes of steel, including 1.71 million tonnes of finished steel, down 2.5% and 8.3 % respectively compared to the final data for May). In the first six... 26.07.2019  11:13

• Results of rolled metal production in Ukraine for the first half of 2019 During 6 months of 2019, Ukrainian metallurgical enterprises produced 9,420,000 tons of rolled metal (101.9% compared to the same period in 2018), of which about 8,110,000 tons, or 86.1%, were exported. In the same period in 2019, the share of exports was about 84.6% (7,820,000 tons with a total... 26.07.2019  10:44

• European steel markets face growing pressure European steel markets are facing growing pressure from weak demand, market protectionism and persistently high prices for iron ore and coking coal, analysts at S&P Global said. While steel capacity is currently being cut as ArcelorMittal announced production cuts of 4.2 Mtpa, this may not be... 25.07.2019  11:04

• Strategic partnership agreement between NLMK Group and LTC Group NLMK Group signed a long-term strategic partnership with LTC Group, Italy and the Middle East, a leading European manufacturer of components for transformers and power generation devices. Under the agreement, NLMK Group companies in Lipetsk and Yekaterinburg will regularly supply grain and... 25.07.2019  10:09

• India faces iron ore shortage India is the fourth largest iron ore producing country in the world after Australia, Brazil and China with an annual production of 210 million tonnes. India has five main iron ore states. Among them, Odisha produces the most, contributing 52% of total production. The state produces mostly medium... 25.07.2019  10:00

• POSCO Announces Second Quarter Results Posco posted operating income of $ 848 million in Q2 2019 on sales of $ 681 billion. Sales were up 1.5 percent, but operating income and net income were down 14.7 percent and 14.7 percent year on year, respectively. The decline was mainly due to the sluggish steel business, which accounts for about... 24.07.2019  11:30

• ArcelorMittal Kryvyi Rih - update on searches by the Security Service of Ukraine ArcelorMittal Kryvyi Rih reported that as a result of a search in the investigation department of the Security Service of Ukraine in the Dnipropetrovsk region on July 20, a continuous casting machine No. 3 and some pieces of equipment were seized. On July 20, 18 employees of the Security Service of... 24.07.2019  11:18