Metallurgy news

• 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

• 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