Metallurgy news

• China's daily steel output hits a 3-month high in mid-September China's daily crude steel production continued to rise in mid-September, with output rising to a three-month high of 2.89 million tonnes per day on average, up another 25,900 tonnes per day, or 0.9%, from the previous ten days, Mysteel calculated based on a regular survey of 247 blast furnaces and... 22.09.2022  11:49

• Turkey's scrap metal demand rebounds amid mobilization in Russia Most Turkish steel producers have maintained their purchase prices for scrap in the domestic market since last week. However, things are about to change as the Turkish steel market reopened after the Russian president announced a partial mobilization in his country on Wednesday. The Turkish... 22.09.2022  11:45

• Export of semi-finished products from Ukraine decreased in January-August In the first eight months of this year, due to the military actions of Russia in Ukraine and the shutdown of ports, the export of Ukrainian semi-finished products fell by 66.7% year on year to 1.59 million tons. Among them, Bulgaria accounted for 21.9% of Ukrainian exports of semi-finished... 21.09.2022  12:15

• US Steel shuts down blast furnace at Gary Works plant in Indiana US Steel said blast furnace No. 8 at the Gary Works steel plant in Indiana, which has a capacity of 1.5 million tons of raw materials per year, was shut down as early as September 7. A reopening date has not yet been set. One of two US Steel blast furnaces at Mon Valley Works in Pennsylvania is... 21.09.2022  12:11

• Prices for hot-rolled steel from the Gulf countries are growing, while in China they do not change Buyers of GCC hot-rolled coil have been receiving price increases since the beginning of last week, but Chinese mills have maintained or even reduced some quotes by $10-$15 per tonne. This week SPHT-1 3mm hot rolled coil is offered by Japanese mill at $680/t, SS400 2-3mm boron steel from India... 21.09.2022  12:09

• German company Salzgitter receives state funding German steelmaker Salzgitter will receive low-carbon steel funding from the government, which will support the first phase of the company's three-stage decarburization plan to produce 1.9 million tons of unrefined mild steel by the end of 2025. Several steelmakers in the EU have warned in recent... 20.09.2022  10:31

• ArcelorMittal forecasts decline in steel production in Europe in the fourth quarter ArcelorMittal, the world's largest steel producer in Europe, forecasts European steel production to fall by around 1.5 million tonnes in the fourth quarter of this year as the company cut steel production at its operations in Germany, Poland and Spain. Due to interruptions in gas supplies to... 20.09.2022  10:29

• Romanian company Alro Slatina to cease operations by May 2023 According to Constantin Popescu, president of the Aluministul union, Romanian aluminum producer Alro Slatina is likely to cease operations entirely by May 2023, mainly due to high energy prices. Currently, only two-fifths of the electrolysis plants are in operation at the plant. However, due to... 20.09.2022  10:27

• Europe decides whether or not to buy Russian aluminum The energy crisis in Europe, production cuts and shortages of aluminum have put consumers in a difficult position regarding Russian supplies of a metal vital to the region's transport, construction and packaging industries. Some prefer to avoid Rusal's metal, while others are more optimistic,... 18.09.2022  12:40

• Rail disruptions will affect US steel shipments If US railroads and unions fail to reach an agreement on a new contract by September 16, potential railroad strikes will negatively impact the supply of finished and semi-finished steel, as well as steel raw materials, according to the Steel Manufacturers Association. The association said that... 16.09.2022  11:23