Metallurgy news

• ArcelorMittal Invests $ 162 Million in Burns Harbor ArcelorMittal, a multinational steel corporation, has announced its decision to invest $ 162 million in its Burns Harbor, Indiana steel mill. The investment will be used to carry out upgrades at various sites over the next few years. The multimillion-dollar investment is expected to bring... 16.05.2019  11:56

• The fall in steel exports from the Donetsk region had a negative impact on the region's foreign exchange earnings In the first quarter of 2019, foreign exchange earnings from the export of goods from the Donetsk region (excluding part of the temporarily occupied territory) amounted to 1107 million US dollars. According to the Main Department of Statistics in the Donetsk region, the region provided 9 percent of... 16.05.2019  10:03

• Why ArcelorMittal limits steel production in Krakow The plant in Krakow produced about 1.7 million tons of steel per year. This is roughly half of the cut made by ArcelorMittal. Why was a Polish metallurgical plant chosen for this task, although there is a Spanish one in Asturias nearby? ArcelorMittal will shutdown the blast furnace and will not... 15.05.2019  11:47

• And about. Andrey Sanin has been appointed chairman of the board of Interpipe NMPP plant Ukrainian industrial company INTERPIPE announces the appointment of Andrey Sanin as Acting Chairman of the Management Board of Interpipe Novomoskovsk Pipe Plant from May 16, 2019. Previously, since 2018, he held the position of Commercial Director of Interpipe VTORMET. The previous head of... 15.05.2019  11:13

• European steel companies expect better results in 2H 2019 European steelmakers who spoke in Milan this week in Milan believe the second half of 2019 should be more positive for the European market. Antonio Gozzi, CEO of Duferco Group, said the global recession hasn't started yet. However, Europe is slowing down due to a number of challenges and many... 15.05.2019  10:36

• Ferrexpo increases export of pellets According to the results of the first quarter of 2019, Ferrexpo has traditionally become the leader in the export of iron ore pellets among the enterprises of the countries of the former Soviet Union. According to the reports of the State Enterprise "Ukrpromvneshexpertiza", in January-March 2019... 14.05.2019  12:28

• Steel production in China is growing steadily despite factory closings Just a few years ago, market reviews from major iron ore producers Rio Tinto and BHP regularly stated that they expected China's steel production to reach 1 billion tonnes by the end of the next decade. It sounded like an incredible amount of steel, especially when China's growth trajectory was... 14.05.2019  12:22

• ArcelorMittal Kryvyi Rih has updated the automation system at wire rod mill No. 6 ArcelorMittal Kryvyi Rih has completed the modernization of the automated control system at the wire rod mill-250 /150-6 in the third rolling shop. At this mill, the company produces rebar and wire rod in coils with a diameter of 5.5 to 32 mm. Initially, the project was estimated at UAH 48 million,... 14.05.2019  09:53

• LME Considers Expansion In China London Metal Exchange LME is in talks with officials in Guangdong, China to open a new warehouse. LME warehouses have almost complete coverage of the major countries and regions using tin, and Asia is currently served by three warehouses located in Taiwan, South Korea and Singapore. It is... 13.05.2019  11:23

• Shanghai steel contracts hinge on U.S.-China trade war Hot rolled metal and China rebar futures were higher on Friday as investors hoped the US and China would move closer to a trade deal. However, futures marked their weakest week in three months. The leading trade talks between the United States and China concluded the first of two days of... 13.05.2019  11:17