Metallurgy news

• World production of Toyota cars increased in August and January-August Japanese Toyota Motor Corp. reported that its car production in Japan reached 196,038 units in August, up 5.6% year-over-year, while overseas production rose 65.1% year-on-year to 570,645 units. , which was the first increase. since March, mainly due to growth in overseas markets, especially in... 03.10.2022  10:09

• China iron ore price index rises China Iron Ore Price Index (CIOPI) stood at 360.51 on September 30, up 0.39% or 1.40 points from the previous CIOPI on September 29, according to the China Iron and Steel Industry Association (CISA). . the ore price index was 370.13 points, up 0.76% or 2.78 points from the previous day; the... 03.10.2022  10:07

• Steel exports from Japan fell Japan exported a total of about 21.9 million tons of steel products in the first eight months of this year, down 4.4% from last year, according to statistics from the Japan Iron and Steel Federation (JISF). Among them, exports to South Korea accounted for the largest share, amounting to about... 03.10.2022  10:06

• Pig iron production in Russia decreased in January-August According to the Federal State Statistics Service (Rosstat), over the eight months of this year, pig iron production in Russia decreased by 3% compared to the same period last year, amounting to 34.6 million tons. In August alone, pig iron production in Russia amounted to 4.3 million tonnes,... 03.10.2022  10:05

• Demand and prices for Russian slabs stabilized Trading prices for slabs from Russia remained largely in the same range in September, with purchases traditionally made by Turkey and Europe. At the same time, the Russian Far East lagged behind amid sluggish sentiment in the market for finished flat products. In fact, in September, Asia emerged... 30.09.2022  11:59

• Nippon Steel and ArcelorMittal JV to Spend $5B to Increase Capacity Indian joint venture ArcelorMittal and Nippon Steel will invest 410 billion rupees ($5 billion) to increase crude steel production capacity by 6 million tonnes a year at its Hazira plant, the Japanese company said on Wednesday. The AM/NS India joint venture will build two blast furnaces, as well... 30.09.2022  11:56

• Ukrainian plants operate at 15% of steel production capacity Currently, there are six metallurgical enterprises operating in Ukraine, the average capacity utilization of which is about 15% of the pre-war level, says Alexander Kalenkov, president of the national metallurgical association Ukrmetallurgprom. “The situation at the mining enterprises looks a l... 30.09.2022  11:51

• Explosion at Kaiser Aluminum plant will affect US production On September 24, an explosion occurred at the Kaiser Aluminum plant in Sherman, Texas due to equipment damage. The company expected the accident to reduce the production of scrap-produced aluminum alloy profiles as production would be halted, although the exact scale is not known. If production... 29.09.2022  09:39

• Posco to resume production in December After being hit by a typhoon in early September, Posco is currently overhauling its equipment. Part of the equipment resumed production, and part of the production was transferred to another plant. Posco was expected to resume full production in December. According to Posco, the stock of most... 29.09.2022  09:37

• Kazakhstan plans to extend the ban on the export of scrap metal The government of Kazakhstan planned to extend the ban on the export of scrap metal, but first it will discuss whether this should be done before October 5. If the extension is confirmed, the ban will be extended for another six months to avoid issues such as domestic stock shortages due to scrap... 29.09.2022  09:35