Metallurgy news

• The German company Salzgitter reported a decrease in steel production in the first quarter Salzgitter, a German steel and technology company, reported a 7.5% year-on-year decline in steel production in the first quarter to 1.58 million tons. The company said it expects industry demand to pick up through the end of 2023 as supply chain problems ease, especially in the European automotive... 15.05.2023  11:18

• Planned stainless steel production in China increased in May Scheduled stainless steel production in China increased significantly in May. The planned production volume was more than 2.5 million tons, which is a new record for the year. The increase in planned production led to an increase in purchases with positively growing offers. According to market... 15.05.2023  11:14

• Ukrainian Metinvest will take its place in the green future of Europe Ukrainian steel and mining group Metinvest will be a leading player in the country's recovery as well as a key supplier to the European Green Revolution, CEO Yuriy Ryzhenkov said at the Made in Steel exhibition in Milan. “Progress in low-carbon steel production in Europe is phenomenal,” Ryz... 14.05.2023  13:21

• POSCO strengthens technical cooperation with Samsung Electronics South Korean company POSCO recently signed a three-year long-term contract for the first time to supply Samsung Electronics with cold-rolled steel and coated materials specifically for use in home appliances. In addition, Posco will also supply Samsung Electronics with its stainless and electrical... 09.05.2023  11:31

• Iranian metallurgy struggles with electricity and gas shortages Although the Islamic Republic has aspired to become the world's seventh largest steel producer, the data shows that it is struggling to maintain its place in the top ten. According to industry sources, Iran's steel production has plummeted as the regime faces severe shortages of electricity and... 09.05.2023  10:37

• ArcelorMittal Dunkirk to restart blast furnace in June The ArcelorMittal steel mill in Dunkirk is preparing to resume production at blast furnace #4 after a fire in March. After the refurbishment, production should resume in mid-June, with the ramp-up phase to last several weeks. The company previously announced plans to restore the operation of... 05.05.2023  11:17

• Metinvest attracts Polish metal products for distribution in Ukraine Metinvest's trading division, Metinvest-SMC, delivered to Ukraine a steel angle made in Poland. Previously, these products were produced at the destroyed Azovstal plant in Mariupol. Products imported from Poland comply with international standards PN-EN10056-2 PN-EN10025-1 PN-EN10025-2. Corners... 04.05.2023  11:13

• China takes steps to boost steel industry consolidation According to the official Weibo news of the China Iron and Steel Industry Association, on April 26, CISA held an information conference for the first quarter of 2023 in Beijing to introduce the work of the steel industry. At the meeting, CISA said that China will actively promote the joint... 02.05.2023  11:57

• Revised rules for the transport of scrap metal in the EU The revised European regulation on the transport of ferrous scrap metal will come into force in 2024, according to Secretary General of the European Confederation of Recycling Industries Emmanuel Katrakis, and this will impose stricter obligations on EU scrap metal exporters. The Council of the... 02.05.2023  11:09

• Europe-Ukraine Conference on Metallurgy and Raw Materials: Recovery of Ukrainian metallurgy in the hands of green technologies Ukrainian production of crude steel in 2022 was only one third of the results of 2021, while exports fell by a factor of three. Speaking about the prospects, experts believe that recovery can be achieved even before the end of hostilities. Necessary steps include the development of existing and the... 28.04.2023  14:43