Metallurgy news

• Hyundai Steel performs well Sales of steel products from Hyundai Steel remain strong despite a slow domestic construction market, Eugene Investment and Securities noted on December 27, supporting a buy recommendation and a target price of 55,000 won (US $ 49.01). Revenue in the fourth quarter will grow 79% year-on-year to... 28.12.2018  12:14

• Steel production in EU-28 rose slightly in November Steel production of the EU-28 countries increased slightly in November this year. The latest production statistics released by the World Steel Association (worldsteel) indicate domestic production for the month was 14.140 million tonnes. This is marginally 1.2% higher when compared to the region's... 28.12.2018  12:02

• Top 10 countries producing crude steel in November According to Worldsteel, global crude steel production in November 2018 was 148.617 million tonnes (tonnes), up from 140.535 million tonnes in the same month a year earlier. China has provided global growth in steel production. The volume of production in the country increased by 10.8% over the... 27.12.2018  12:45

• How China rocked the global steel market China left behind decades of deep poverty when Vice Premier Deng Xiaoping flew to Japan in 1978 to negotiate a historic peace treaty between the two countries. Then there was a more discreet, but no less important visit - to a modern plant owned by Nippon Steel Corp. A Japanese steel mill was... 27.12.2018  12:21

• Results of rolled metal production in Ukraine For 11 months of 2018, Ukrainian metallurgists produced 16.84 million tons of rolled metal, which is 1% higher compared to the same period in 2017, of which 78.4% or 13.21 million tons were exported. In the corresponding period last year, the share of exports amounted to 79.7% of the total... 27.12.2018  12:04

• North American steel production up 6.3% Crude steel production data released in November 2018 by the World Steel Association (worldsteel) indicates a significant jump in regional production in North America. Production in the region increased by 6.3% year-on-year to 10.105 million tonnes. It should be noted that production in North... 26.12.2018  09:29

• Stainless steel suppliers hope to recover in 2019 Stainless steel prices, in particular sheet metal prices, showed different trends in traditional steel production regions in 2018. In the United States, the introduction of section 232 quotas and tariffs in early 2018 had an immediate inflationary impact on stainless steel coil sales. Baseline... 25.12.2018  11:11

• Falling Steel Prices in China Unnerve Emerging Steel Markets The business environment in the Russian Federation is slow ahead of the holidays. Distributors are looking to cut inventories to free up working capital and minimize potential losses as current demand shrinks ahead of the eight-day New Year /Orthodox Christmas break. The demand for rolled metal... 25.12.2018  10:43

• Stainless steel production increased by 10% World stainless steel production increased significantly during the first nine months of this year. The latest figures released by the International Stainless Steel Forum (ISSF) show a 10% annual increase in production in the stainless steel smelter. Production for the initial nine-month period... 23.12.2018  10:23

• Ukraine in the world ranking for the production of iron and steel During 11 months of 2018, according to the World Steel Association, metallurgical enterprises of the countries of the world smelted 1,211.86 million tons of pig iron, including 1,135.71 million tons by blast furnace method and 76.15 million tons by direct reduction. The data is 2.39% higher than... 23.12.2018  10:14