Metallurgy news

• Brazilian CSP Continues To Increase Its Heavy Plate Exports In October Plate production at Brazilian Companhia Siderúrgica do Pecém (CSP) recorded a new record volume for 2018, reaching 284,620 tonnes in October, according to data released by the company. CSP plates were exported during this period to countries such as Czech Republic, Germany, Indonesia, Italy, M... 23.11.2018  10:12

• Chinese group Sangang aims to increase capacity The Chinese government-backed Fujian Sangang group acquired a bankrupt steel mill in western China, which would allow the company to expand its capacity later. The acquisition is part of a trend supported by the Chinese government to replace steel capacity between regions in the country to... 22.11.2018  11:45

• ArcelorMittal Kryvyi Rih bought a new batch of BelAZ PJSC "ArcelorMittal Kryvyi Rih" continues to receive supplies of new heavy-duty equipment from the company "BelAZ". The company recently purchased four new dump trucks with a carrying capacity of 136 tons, two irrigation machines and a bulldozer - UAH 162.5 million was allocated for their purchase... 22.11.2018  11:19

• WTO investigation into US steel tariffs could take up to several years The World Trade Organization (WTO) has decided to create panels to review tariffs imposed on steel and aluminum by the Trump administration. The WTO Dispute Settlement Body (DSB) has agreed to form groups to study this issue. Along with investigating the legality of the aforementioned tariffs, the... 22.11.2018  09:57

• NSSMC Announces Factory Overhaul Nippon Steel & Sumitomo Metal Corporation (NSSMC) has announced its decision to completely rebuild its railway wheel plant at its Osaka steel complex. The decision is in line with the theme set out in the 2020 Mid-Term Management Plan announced in March this year, which calls for strengthening the... 21.11.2018  13:13

• Steel Tariffs Do Not Create New US Jobs Steel tariffs imposed by Trump provide higher profits, as some domestic companies may expand operations to meet the additional demand created by tariffs, but this is unlikely to lead to significant employment growth. Since manufacturers have increased production efficiency to the point that a... 21.11.2018  13:07

• Chinese steel company to build a plant in the Philippines Chinese steel company Panhua Group Co Ltd has announced its decision to build a new integrated steel plant in the Philippines. The proposed project includes a port, an integrated steel plant with a capacity of 10 million tons, an industrial park and other processing facilities, which will be... 21.11.2018  13:00

• Results of metallurgical enterprises of Ukraine in October and for 10 months MMC's performance indicators in October 2018 are as follows: Pig iron production amounted to 1.79 million tons, up 7% compared to September last year; Steel production remained at the level of the previous year and amounted to 1.79 million tons; Rolled steel output fell 2% to 1.53 million... 20.11.2018  10:23

• Coal demand is increasing Even after the signing of the Paris climate agreement in late 2015, global coal demand rose for the first time in two years in 2017, according to the Paris International Energy Agency during its annual World Energy Outlook week. China consumes over 50% of the world's coal, while India uses about... 20.11.2018  10:02

• ArcelorMittal Kryvyi Rih develops cooperation with Belarus It is planned to increase trade and economic ties between Ukraine and Belarus due to the mutual growth of purchases of demanded products, as noted by the General Director of PJSC "ArcelorMittal Kryvyi Rih" Paramzhit Kalon during his speech at the Ukrainian-Belarusian Forum "Cooperation and... 20.11.2018  09:48