Metallurgy news

• Liberty House will ramp up production in Newport International metals group Liberty House will nearly double its hot rolled coil (HRC) production at its Newport rolling mill in South Wales. Production of HRC, used in construction, automotive and pipe manufacturing at the plant, is expected to double to 370,000 tonnes per year. Liberty's... 30.08.2018  16:29

• Hebei sets target to reduce steel production capacity North China's Hebei province will cut its steel production capacity to 200 million tonnes by 2020 in an effort to combat air pollution. Total steelmaking capacity in Hebei, neighboring Beijing and for several of the country's 10 most polluted cities, was cut to 239 million tonnes by the end of... 29.08.2018  12:22

• Iran to open several mining and metallurgical projects in March 2019 The Iranian mining sector expects new projects to be completed by the end of March 2019 with an investment value of $ 5.5 billion. According to what Iran's Ministry of Industry announced in March 2018, Iranian private companies have opened three projects in the mining and quarrying... 29.08.2018  11:54

• PJSC "ArcelorMittal Kryvyi Rih" will provide city schools with over 1000 computers The PJSC ArcelorMittal Kryvyi Rih Charitable Foundation donated 220 computers to 13 schools and the Center for Social and Psychological Rehabilitation of Children in the Saksagan District. School principals received certificates for computer equipment this morning at the administration of the... 29.08.2018  09:56

• Vale's iron ore production will only grow if prices rise The chief executive officer of Brazil's Vale SA, the world's largest iron ore producer, said in an interview published on Sunday that the company would only ramp up annual production to 450 million tons if prices rise. Vale CEO Fabio Schwarzman told Estado de S. Paulo newspaper that the company... 28.08.2018  11:45

• World steel production in July World steel production for 64 countries representing the World Steel Association (worldsteel) was 154.6 million tonnes in July 2018, up 5.8% from July 2017. Steel output in China in July 2018 amounted to 81.2 million tons, which is 7.2% more compared to July 2017. India produced 9 million tonnes... 28.08.2018  11:13

• Scrap metal remains competitive The global outlook for ferrous scrap prices has been overshadowed by trade tensions over Turkey, the world's largest importer of scrap metal. However, when policies, tariffs and currency valuation are set aside and the current pricing environment for raw steel is considered, scrap is a... 27.08.2018  14:20

• China Steel raises steel prices citing demand China Steel Corp, Taiwan's largest steelmaker, yesterday raised domestic steel prices for next quarter delivery by 1.4 percent as new infrastructure projects and new housing projects spur demand. And this trend is observed in many countries of the world. The latest price increase of $ 326 per... 27.08.2018  14:13

• Nippon Steel Sees New Opportunities In India Japan's chief steelmaker Nippon Steel & Sumitomo Metal Corp views India as the most promising market and wants to become an “insider” to capitalize on the growth of the world's third-largest steel market, the executive said. “India will become the fastest growing steel market in the world in the ... 27.08.2018  12:10

• The legitimacy of Ylva's acquisition is in doubt Italian Minister of Economic Development Luigi Di Maio said that in his opinion, the tender in which ArcelorMittal was awarded the acquisition of the steel company Ilva last year, "... is not legitimate." Over the past three months, the new minister has looked into the tender and finally... 25.08.2018  11:16