Metallurgy news

• SSAB Europe improves efficiency in pipe production Swedish steel company SSAB is investing SEK 300 million (US $ 33 million) to improve pipe production efficiency. The two-year project will focus on centralizing the company's pipe business to ensure long-term competitiveness by increasing sales of high quality products that are more profitable... 08.10.2018  11:03

• Global stainless steel trade linked to quotas The imposition by the United States government of quotas and tariffs based on national security concerns has reduced the flow of imported stainless steel into the country. As alloy surcharges rose, U.S. mills also raised their baseline for 304 cold rolled coil by $ 200 per tonne, or 16 percent,... 04.10.2018  11:58

• Turkey significantly increases steel exports since the beginning of the year Turkish steel exports rose 12.5% ​​year on year to 11.4 million tonnes in the first nine months of the year, the trade association said. The Association of Turkish Steel Exporters (CIB) reported that the country earned $ 11 billion in January-September, up 34 percent from the same period last yea... 04.10.2018  11:44

• Production results of the metallurgical sector of Ukraine In September 2018, metallurgical enterprises of Ukraine smelted 1.66 million tons of pig iron, which is 3.7% lower than in August 2018; steel production reached 1.79 million tons, remaining at the level of August; rolled metal production amounted to 1.57 million tons, an increase of 3% compared to... 04.10.2018  10:42

• Bear killed a mining company worker in Alaska Timberline drilling officer Anthony David Montoya was killed yesterday in a bear attack on Admiralty Island, about 18 miles south of Juneau. Montoya's Hecla Greens Creek Mine produces silver, zinc, lead and gold. The mine is 100% owned and operated by Hecla Mining. The company said the... 03.10.2018  09:10

• Ukraine produced 2.8 million tons of coal in September In September 2018, Ukraine produced almost 2.8 million tons of coal, which is 1.5% less than planned. This is evidenced by the data of the Ministry of Energy and Coal Industry. “In September 2018, 2 781 626 tons of coal were produced at coal mining enterprises of Ukraine of all forms of o... 03.10.2018  08:47

• EU lags behind global growth in steel production The EU-28 countries lagged behind the global growth in steel production during August 2018. While global production recorded 2.6% year-on-year growth, European production rose only 1.4%. However, Germany, Spain and Italy recorded significantly more growth, being the top three steel-producing... 03.10.2018  08:40

• The demand for metal cutting equipment for high quality steels is growing High quality steels are increasingly being used in industry. Technological processes of metalworking of these steels are associated with the use of efficient metal-cutting equipment: milling, turning, horizontal boring machines, IR500 machining centers, IS800 (IS 800) and others. This equipment... 02.10.2018  15:39

• Sergey Plichko became the new CFO of PJSC "ArcelorMittal Kryvyi Rih" Sergei Plichko has been approved as Chief Financial Officer of PJSC ArcelorMittal Kryvyi Rih. Since February 2017, he has been acting as the chief financial officer of the enterprise. His tasks include financial management, cash support for the operating and investment activities of PJSC... 01.10.2018  15:58

• Metallurgical coal prices may decline A Fitch Research report predicts that metallurgical coal prices will fall from their current high levels over the next 18 months. The main focus of mining companies is likely to be on cost control. According to a market researcher, costs in the global coal metallurgy sector increased by 18% in... 01.10.2018  13:23