Metallurgy news

• DRI and BFI Exit Drops In August World Steel Association (worldsteel) announced the publication of data on iron production for August this year. Blast furnace iron (BFI) production as well as direct reduced iron (DRI) production declined slightly from the previous month. Global DRI output declined slightly from 6.798 million... 01.10.2018  10:58

• China changes rules to cut production This winter, China will not repeat last year's production cuts in heavy industries such as metallurgy. Local authorities are empowered to decide how to achieve emission targets during the winter heating season, which runs from November to March. The steel market was not very happy about the... 01.10.2018  10:38

• A campaign against emissions from Metinvest's metallurgical plants was held in Mariupol On the Teatralnaya Square of the city of Mariupol, citizens gathered to protest against the deterioration of the environmental situation in the city. The task of the action, according to its organizers, is to show the factories and the authorities that residents care about the environmental... 29.09.2018  12:24

• PJSC "ArcelorMittal Kryvyi Rih" has increased its car fleet 2.5 times PJSC "ArcelorMittal Kryvyi Rih" put into operation 450 new open wagons (hereinafter - wagons) received under the contract under the financial leasing scheme. Earlier, at the beginning of 2018, the company received 50 new cars. Thus, this year the company put into circulation 500 wagons for the... 28.09.2018  15:17

• Japan's August Steel Exports Down 1% YoY Japan's steel exports fell 0.9% year-on-year to 3.15 million tons in August, but rose 3.9% from July, according to data from the Japan Iron & Steel Federation released Friday. A JISF spokesman said exports have largely stabilized year-over-year as steelmakers have been continually catering to... 28.09.2018  11:44

• US imports of finished steel products fell 8% Imports of rolled metal products to the United States declined during August this year. This is based on preliminary data released by the US Bureau of Statistics. According to the data, the US imported a total of 2,965,818 tonnes of steel in August this year, slightly less than 2,899,654 tonnes... 28.09.2018  10:30

• Metinvest raises employee salaries by 10% From October 1 this year, Metinvest Group will increase the salaries of employees of its Ukrainian enterprises by an average of 10%. The increase in salary will be felt first of all by qualified repairmen and technologists - their salaries will grow by 15%. Incomes of workers and foremen will... 27.09.2018  11:56

• New risks for the EU metallurgy The steel industry of the European Union has been struggling for several years with the pressure of cheaper steel from Asia. When China's export offensive seemed at least partially halted, global trade turmoil is coming from a direction no one expected — the United States. American taxes on i... 27.09.2018  09:36

• Russian iron ore exports decreased by 18% in the first half of 2018 The main export destination for iron ore from Russia was Ukraine. Recent statistics released by the Russian Customs Committee show a significant decline in iron ore exports across the country during the first six months of 2018. Exports of steelmaking raw materials in the country amounted to 8.804... 27.09.2018  09:22

• Steel output in Asia increased by 2.9% In August this year, the volume of steel production in Asia increased by 2.9%. China, the world's largest steel producing country, has reported a significant jump in production. India continued to try to surpass Japan to remain the second largest steel producer in the region and in the... 27.09.2018  09:14